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Business

The new price is in consonance with the commitment of Dangote Refinery to cushion the effect of economic hardship in Nigeria.

Dangote reduces diesel, aviation fuel prices further to N940, N980

It would be recalled that the management of Dangote Petroleum Refinery announced a further reduction of the price of diesel from 1200 to…
Naira

Naira plummets to dollar at official market

This represents a 5.51 per cent loss when compared to the previous trading date on Friday, April 19, when it…
FirstBank

Appointment: FBN Holdings share value down 84% on stock market

Olayinka said that the sudden resignation of Adeduntan before the expiration of his tenure on Dec.31, 2024, might not be…

What FCMB Trustees Can Do For You

You work hard for your cash, big pile or small. Naturally, you want it protected and passed to relevant parties after…
U.S. President Donald Trump’s administration begins massive dismissal of the U.S. Agency for International Development (USAID) employees.

US unveils food security strategy plan for Nigeria

Prof. Garba Sharubutu, Executive Secretary, ARCN, identified one of the major problems in the country as concentrating all efforts on…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Dollar rise: EFCC continues crackdown on cryptocurrency platforms

“CBN is giving us dollars at N1,101, but some commercial banks are doing interbank conversions. They convert from their accounts…
First Bank MD/CEO Adeduntan resigns abruptly

First Bank MD/CEO Adeduntan resigns abruptly

The MD, in a resignation letter addressed to the chairman, said “As you are aware, my contract would be expiring…
Tinubu returns to Abuja after official trip to China, a stop in London

Tinubu makes crucial appointments into Board of SEC

Tinubu appointed Mr. Mairiga Aliyu Katuka  as the Chairman of the board of SEC, while Mr. Emomotimi Agama has been…
Nigeria's investment climate bolstered by critical new reforms - Tinubu

Nigeria’s investment climate bolstered by critical new reforms – Tinubu

Highlighting the favourable economic outlook of the country, Tinubu invited more South Korean companies to leverage these opportunities by establishing…
NPA boss , Mohammed Bello-Koko, said the mandate letter will be sent to Debt Management Office for final review and approval.

Citibank Gives NPA $700m Loan for Apapa, Tin-Can Ports Rehabilitation

The Nigerian Ports Authority (NPA) has negotiated a loan of $ 700 million from Citibank to be funded by the…
NBS says the average retail price of a litre of diesel increased from N840.81 in March 2023 to N1341.16 in March 2024.

Diesel price stands at N1341.16 in March 2024 – NBS

NBS stated this in its Diesel Price Watch for March 2024 released in Abuja on Thursday. The report said that…
Ecobank

Ecobank  repays $500 million Eurobond 

A statement from the company said this bond, which marked its inaugural Eurobond issuance in April 2019, was warmly received…
Investors gain N3.2trn as stock market rebounds

Stock market rebounds with N57bn gain amidst buying interest

The market capitalisation, which opened at N56.447 trillion, rose by 0.10 per cent to reach N56.504 trillion by the close…
Dangote

This is what Tinubu told Dangote for crashing diesel price

The Group recently reviewed downwards the gantry price of AGO from N1,650 to N1,000 per litre for a minimum of…
NNPCL explains why it limited its equity stake in the Dangote Refinery to 7.5 per cent instead of the 20 per cent widely speculated.

Ex-MAN boss lauds Dangote for crashing diesel price

Adegbite said the decision of Dangote Refinery to reduce the price of diesel was a welcome development as this would…
NCAA hammers three private jet operators for operating commercial flights

NCAA hammers three private jet operators for operating commercial flights

Najomo stated that the Authority had also deployed its officials to monitor activities of private jets at terminals across the…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Dollar plummets against Naira at official market

This represents a 0.55 per cent gain when compared to the previous trading date on Friday, April 12, exchanging at…
Nigeria's inflation zooms to 33.2% in March

Nigeria’s inflation zooms to 33.2% in March

According to the NBS, "In March 2024, the headline inflation rate increased to 33.20% relative to the February 2024 headline…
Capi’s Rapid Success Attracts Brands: A New Era of Collaborations

Capi’s Rapid Success Attracts Brands: A New Era of Collaborations

This new era of partnerships highlights Capi’s influence as a marketing powerhouse and underscores the importance of authenticity in brand…
Naira strengthens further at official FX market

Naira continues recovery, gains 7.2% against dollar

According to data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign…
Investors lose N1.14trn as NGX reacts to MPC decision

Dangote Sugar, GTCO lead losers table at Nigerian Exchange Market

Specifically, investors lost N412 billion or 0.71 per cent, as the market capitalisation, which opened at N58.276 trillion, closed at…
Arsène Kaptue

Arsène Kaptue Scandal: Cameroonian Scammer Operating with Dreamkey Corporation

Multiple witnesses have shared their devastating experiences, claiming to have been swindled by Arsène Kaptue for amounts ranging up to…
The Chairman of Federal Inland Revenue Service (FIRS), Mr Zach Adedeji has revealed that the Service generated a total of N12.3 trillion in 2023.

FIRS rakes in N12.3 trillion in 2023 – Adedeji

He spoke on Friday at the FIRS special day at the ongoing 35th Enugu International Trade Fair where he was…

NERC approves migration of 33 additional EKEDC feeders to Band A

“It is also our commitment to ensure that customers under other service bands, that is, Bands B to E also…
Those who are considering a foray into the world of online investing should therefore become familiar with what MetaTrader has to offer

A Beginner’s Guide to the MetaTrader Investment Platform

Mobile trading has become commonplace in recent times, notably so. Thanks to massive advancements in smartphone technology coupled with growing…

How to save fuel in commercial fleets: 5 eco-driving tips

Fuel costs make up around 60% of a company's operating budget, totaling thousands of USD per year. So, how do…

Award-Winning EERIV Europe Receives Recognition for Innovation Across Africa

EERIV Europe has been recognized as an award-winning innovator across Africa, further cementing its position as a rising force in…
UBA

UBA hits N608bn Profit After Tax, as gross earnings rise to N2.08trn in 2023

The bank's total assets also rose remarkably by 90.22 percent, doubling the N10 trillion mark, to close at N20.65 trillion…
Bitcoin Boom: Trailblazing Nigeria Sets the Pace for Africa's Digital Currency Revolution

Bitcoin Boom: Trailblazing Nigeria Sets the Pace for Africa’s Digital Currency Revolution

In the rapidly evolving digital era, bitcoin, the world's premier digital currency, continues to strengthen its grasp on the global…
Glo teams up with Lagos on food sufficiency through M-Agric

Glo deploys dedicated fibre to homes, businesses

A statement from Globacom affirmed that “Residential Estates, High Rise Apartments, Commercial SME Estates now have a unique opportunity to…
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