Coup: Gabon’s dollar bonds suffer biggest drop
Gabon’s military coup triggered the largest daily loss in its dollar bonds since the peak of the COVID-19 pandemic on Wednesday, just…
Business
Sahara, others encourage recycling through cash for waste initiative
Go-Recycling, an innovative project sponsored by the Sahara Group Foundation, Lagos State Employment Trust Fund, and Wecyclers, now allows residents of Lagos…
NCDMB, BOI sign new MoU over manufacturing fund
The Nigerian Content Development and Monitoring Board and the Bank of Industry have amended their Memorandum of Understanding for the $50 million…
NGX Group to issue shareholders N495m interim dividend
Nigerian Exchange Group Plc intends to pay an interim dividend of 25 kobo each ordinary share of 50 kobo on Thursday, totaling…
How DMO sold N406bn treasury bills in July – Report
The Debt Management Office sold off treasury bills worth N406.10 billion in July 2023. The Punch reported that the value of T-bills sold…
Flour Mills Nigeria records ₦39.78bn profit despite forex, interest expenses
Flour Mills Nigeria has released 2023 full-year results, with pre-tax profit increasing 1.45% year on year to N39.783 billion. Despite dealing with foreign…
NAHCO Director acquires additional shares worth N9.8m
Non-Executive Director of Nigerian Aviation Handling Company Plc, Tajudeen Shobayo, has purchased 540,730 shares for N9.8 million. The Times stated in a notice…
102.39m Nigerians now have NIN – NIMC
The National Identity Management Commission has announced that the National Identification Number has been issued to 102.39 million Nigerians as of August 28,…
Naira drops despite weak dollar, trades at N925/$ on black market
The Naira declined considerably versus the US dollar on the official market on Tuesday, according to market prices published on the FMDQ…
Product taxes hit N1.36trn in six months – NBS
The country’s product taxes increased to N1.36 trillion in the first half of 2023 despite widespread suffering getting worse. This is a…
NGX ASI hits 15-year high of 66,490
The Nigerian Exchange Limited’s All-Share Index surged to 66,490.34 basis points at the close of trade on Tuesday, breaking a 15-year high.…
Local transactions hit N1.968tn, beats 2022 result – Report
The value of domestic transactions on the Nigerian Exchange Limited has reached N1968.4 billion year to date, which is 1.18 percent higher…