Category: Business

VFD, Mecure’s listing add N179bn to NGX market capitalization

The three freshly listed equities on the NGX have contributed approximately N179 billion to the...

MTN Nigeria raises N72.1bn via Commercial Paper issuance

MTN Nigeria Communications Plc has concluded series 10 commercial paper issue as part of its...

NOMAP, Nasarawa collaborate on electricity projects

The Nasarawa State Government has partnered with the Nigeria Off-Grid Market Acceleration Program in order to...

Inflation hits 28.20% in November – NBS

The total rate of inflation increased to 28.20% in November 2023, above the rate of...

Imo state approves N592bn 2024 budget

The Imo State House of Assembly has given its approval to the state’s N592 billion...

SEC closes down firm over illegal investments

The Securities Exchange Commission has claimed that due to unlawful investment and other capital market operations, it...

IMF seeks tougher crypto regulations

The Managing Director of the International Monetary Fund, Kristalina Georgieva, has emphasized the importance of comprehensive regulation...

Customs made 70% revenue from Lagos – Comptroller-General 

Seventy percent of the Nigeria Customs Service’s revenue came from Lagos State, according to Comptroller General...

Inflation, exchange rate to drop in 2024 – CBN

The Governor of the Central Bank of Nigeria, Yemi Cardoso, has remarked that rising inflation...

Debt crisis looms for developing countries — Report

Nigeria and 121 other developing nations paid over $443.5 billion in interest on their public...

Global roofing market to reach $342.8bn by 2033 – Report

The global roofing industry is expected to reach $342.8 billion by the end of 2033. The...

Fubara signs 2024 budget, 24 hours after presentation

A day after presenting the N800 billion 2024 Appropriations Bill to five of the thirty-six...