The Naira has continued to decline after it recorded another big fall in the official market on Tuesday, losing 0.9 per cent to the dollar.…
View More Naira dips further from N422.71 to N430 per dollar
Category: Business
Nigerian Stock Market end first half of 2022 as one of the best in the world
The Nigerian All Share Index closed the first half of 2022 with a gain of about 21.17% year to date (YTD) making it one of…
View More Nigerian Stock Market end first half of 2022 as one of the best in the world
Nigeria’s crude output falling below expectation – Vetiva
A financial service company, Vetiva, says despite the efforts by the Organisation of Petroleum Exporting Countries to unwind production caps, Nigeria’s crude output has fallen…
View More Nigeria’s crude output falling below expectation – Vetiva
Bank assets rise by 21% to N64.32tn – CBN
Nigerian banks’ total assets rose by N11.15tn in one year to N64.32tn as of the end of April. Figures obtained from the Central Bank of…
View More Bank assets rise by 21% to N64.32tn – CBN
NNPC, Sahara to construct jetties to boost cooking gas supply
The Nigerian National Petroleum Company Limited and Sahara Group, through their joint venture business, WAGL Energy Limited, are set to develop and construct jetties across…
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Rivers model seaport loses over N1bn in 6 months
The Onne Model Seaport, Oil and Gas free zone and other multinationals located in Rivers State have lost over one billion naira in containerized cargos…
View More Rivers model seaport loses over N1bn in 6 months
Buhari says Lekki Deep Sea Port to create job opportunities, facilitate trade
President Muhammadu Buhari has stated that the Lekki Deep Sea port will create opportunities in jobs, and facilitate trade in Nigeria as the port welcomes…
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US government places $100,000 bounty on “cryptoqueen”, Ruja Ignatova, for $4 billion crypto scam
Ruja Ignatova, the self-described “Cryptoqueen,” has been added by the Federal Bureau of Investigation (FBI) a department of the U.S Department of Justice to its…
View More US government places $100,000 bounty on “cryptoqueen”, Ruja Ignatova, for $4 billion crypto scam
How the Nigerian Economy has performed under each President
Presidents’ past and present are often judged by how well the economy has performed during their tenure. For example, history is often kind to a…
View More How the Nigerian Economy has performed under each President
Official exchange rate (NAFEX) falls to lowest level year-to-date
The exchange rate between the naira and the US dollar closed at N424.88/$1 at the Investors and Exporters (I&E) window. Naira depreciated against the US…
View More Official exchange rate (NAFEX) falls to lowest level year-to-date