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Nigeria Secures $3bn Investment in Steel from India Nigeria President Bola Tinubu has successfully attracted a $3 billion investment pledge into the steel sector from Indian investors, to boost the…
Investors Lose N26bn to Profit-Taking in Stock Market Equities investors on the Nigerian Exchange (NGX) lost more than N26 billion midweek as the stock market backflips due to profit-taking activities…
Airtel Partners Device Manufacturers to Drive 5G Adoption Airtel Nigeria has partnered with renowned device manufacturers to drive 5G adoption., the telecom giant said on Wednesday. Chief Commercial Officer, Airtel…
FG Pledges Better Funding for Health Sector Health Sector: The Special Adviser to President Bola Tinubu on Health, Dr Salma Anas, on Wednesday, said plans were underway to improve governance,…
NERC Approves Increase in Cost of Prepaid Meters Prepaid Meters: The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the cost of obtaining prepaid electricity meters in the…
Oil Hits 10-Month High Over Supply Tightening Oil hit a 10-month high on Wednesday as a result of supply tightening by members of the Organisation of Petroleum Exporting Countries and…
Fitch Flags Nigeria’s FX Reserves for Transparency Issue Fitch Ratings has flagged Nigeria’s external or foreign currency (FX) reserves balance for transparency issues following the recent audited report released by…
Return on Treasury Bills Steadies Ahead of CBN Auction The average return on Nigerian Treasury bills closed flattish in the secondary market on Tuesday ahead of the Central Bank of…
AMCON Must Not Allow Arik Air to Die, NAAPE Pleads AMCON: Despite the smear campaign previous owners of Arik Air Limited had mounted especially since the change of government in…
PZ Cussons Offers N22.28bn to Take Out Minority Shareholders PZ Cussons Nigeria Plc’s core shareholder ( PZ Cusson Holdings Limited) has announced an offer of N22.28 billion to take out…