Stock market investors gain N158bn
Investors’ shares in the Nigerian stock market rose by N158bn last week as 29 firms recorded price appreciation. The All-Share Index of the Nigerian Exchange Limited and market capitalisation increased…
Rivers, Kaduna, 30 others attract zero foreign investments in Q1
Thirty-two states in Nigeria, including Rivers and Kaduna, did not attract any foreign investments in the first quarter of 2022, AMBusiness has learnt. A report by the National Bureau of…
Mobile transactions hit N4.86tn Q1 2022 – NIBSS
Nigerians’ use of mobile channels for payment transactions has risen by 3,454.46 per cent from N136.85bn within the first four months of 2019 to N4.86tn in the corresponding period of…
Inflation: What to do if your salary no longer sustains you
What do you do if your salary is no longer sustaining you? This is a question most salary earners have often asked themselves, especially in the current economic downturn. The…
Blackout as national grid collapses for fifth time in 2022
There was widespread blackout across the country on Sunday following the collapse of the national power grid, making it the fifth collapse of Nigeria’s electricity grid in 2022. It was…
MTN, Guinness, Unilever, 27 others commit to PLWDs’ employment
Over 30 multinational companies and institutions including MTN, Unilever, Guinness, among others, have pledged to engage qualified Persons Living With Disabilities in their various workforces, the Federal Government announced on…
Food security: Okonjo-Iweala optimistic as global trade ministers meet
The World Trade Organization chief voiced cautious optimism Sunday as global trade ministers gather to tackle food security threatened by Russia's invasion of Ukraine, overfishing and equitable access to Covid…
Nigeria repays five oil firms’ $3.7bn debt, owes $972m Okechukwu Nnodim
Latest updates on Nigeria’s cash call arrears repayment showed that the country had so far repaid a total of $3.72bn to five international oil companies, leaving an outstanding balance of…
More Nigerians’ll fall into extreme poverty, World Bank predicts
The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. According to a report obtained via a World Bank…
CBN introduces USSD to boost eNaira
The Central Bank of Nigeria plans to introduce the Unstructured Supplementary code as part of steps to improve the Central Bank Digital Currency. This was disclosed by the Deputy Governor…
Unity bank projects N10.8bn gross earnings Q3 2022
Unity Bank Plc has announced that it aims to achieve N10.890 billion in gross earnings for the third quarter of 2022. Nairametrics reports state that Unity bank, in its Q1…
NCC tasks Nasarawa PLWDs on NIN-SIM linkage
The Nigerian Communications Commission has appealed to Persons Living With Disabilities in Nasarawa State to approach their preferred telecommunication companies and link their National Identification Number to their Subscriber Identity…
