Inflation Rate Jumps to 10.8% in Zambia
Inflation Rate Jumps to 10.8% in Zambia Amidst efforts to push economic growth upward, Zambia continues to face pressures emanating from worsening price levels, driven in part by sustained increases…
How Agency Spends N81.2b to Plant Trees – Reps
How Agency Spends N81.2b to Plant Trees – Reps The House of Representatives Ad hoc Committee investigating the utilisation of ecological funds released to the National Agency for the Great…
FG Seeks to Boost Economy with Steel Production
FG Seeks to Boost Economy with Steel Production The Federal Government is set to revamp the nation’s steel sector to enhance the economy as well as create employment opportunities. The…
Nigeria Bonds Value Decline, Yield Rises to 14.1%
Nigeria Bonds Value Decline, Yield Rises to 14.1% The average yield on the Federal Government of Nigeria (FGN) bonds instrument settled at 14.1% midweek as a result of sell down…
Human Rights Groups Move To Stop Afrexim Bank, NNPCL’s $3bn Loan
The African Centre for Justice and Human Rights (ACJHR) and Justice Advocate Center (JAC) have commenced moves to put a stop to the $3 billion emergency loan recently secured on…
Lagos Tribunal Dismisses LP’s Petition Against Senator Eshinlokun–Sanni
The National and State House of Assembly Election Tribunal sitting in Lagos has dismissed the petition filed by Labour Party (LP) candidate for the Lagos state Central senatorial district in…
Stock Market Value Declines as Banking Index Dip
Stock Market Value Declines as Banking Index Dip The Nigerian stock market value declined by about N28 billion midweek as selloffs in Tier-1 Banks shares pushed the banking index down…
Naira Reclaims 5% as Banks Release Update on FX Sales
Naira Reclaims 5% as Banks Release Update on FX Sales The Nigerian local currency, the naira, reversed losses it sustained in August as the apex bank price verification portal opens…
Oil Jumps Over Big Drawdown in U.S. Inventories
Oil Jumps Over Big Drawdown in U.S. Inventories The global oil market rallied midweek over a massive drawdown in US crude inventories and tighter supply from producers. According to trading…
Lagos NUJ Honours Dangote as Highest Private Employer in Nigeria
Lagos NUJ Honours Dangote as Highest Private Employer in Nigeria It was a night of accolades for Africa’s foremost business conglomerate, Dangote Industries Limited, (DIL), as journalists in Lagos State…