Category: featured

CBN cuts interest rate to 23%

The Monetary Policy Committee of the Central Bank of Nigeria has cut the benchmark interest...

Power minister announces new electricity generation peak of 5,330MW

The Nigerian Electricity Supply Industry hit a new generation peak of 5,330 megawatts during August...

Dangote Refinery IPO gives Nigerians access to world-class business — FCMB boss

Nigerians can invest in Dangote Petroleum Refinery and Petrochemicals FZE with a minimum subscription of...

Naira trades at ₦1,329.80/$ in official FX market

The naira recorded different values against the United States dollar across Nigeria’s official Foreign Exchange...

Car imports hit 42.5% rise as FG slashes levy

The Nigerian Ports Authority has recorded the importation of 103,375 units of vehicles in the...

Naira holds near ₦1,330/$ in early Monday trading

The naira opened the new trading week at differing rates against the United States dollar...

NGX investors gain ₦4.57trn as market rebounds sharply

The Nigerian Exchange Limited recorded a strong rebound last week, with investors gaining over N4.57...

Tinubu has no rift with US, aide says amid UNGA absence

The Senior Special Assistant to President Bola Tinubu on Foreign Affairs and Protocol, Ademola Osodi,...

NESG pushes for national PPP framework in healthcare sector

The Nigerian Economic Summit Group has called for the establishment of a national framework for...

Insurance penetration still below 1% of GDP — AXA Mansard

Insurance penetration in Nigeria remains below one per cent of the country’s Gross Domestic Product,...

Otedola’s net worth hits $2bn for first time

Nigerian billionaire Femi Otedola’s net worth has climbed to $2 billion, marking the first time...

Access Holdings appoints ex-AfDB risk officer as executive director

Access Holdings Plc has announced the appointment of Mr. Ifedayo Olaniyi Orimoloye as Executive Director,...