Category: Business

Tinubu promises improvement in power, oil sectors in 2024

President Bola Ahmed Tinubu has pledged to improve the power and oil sectors by 2024....

Vitafoam breaks five-year record with 2023 N52bn revenue

Vitafoam Nigeria Plc has recorded the most money from its operations this year, than in...

Transcorp Hotel, tech firms record highest returns

Transcorp Hotels Plc provided investors with a higher return on investment in terms of capital...

FDI drops $471m in five years – NBS

Foreign direct investments into Nigeria have decreased by $470.8 million over the last five years....

LCCI predicts reduced inflation in 2024

The President of the Lagos Chamber of Commerce and Industry, Gabriel Idahosa, forecasts that the country’s inflation...

Stakeholders praise NSC over planned Nasarawa dry port

Maritime players have applauded the Nigerian Shippers Council’s plans to build an inland dry port...

FX market sees 10.94% turnover surge in nov 2023

Spot FX market turnover in November 2023 was $5.17 billion (N4.33 trillion), a 10.94% ($0.51...

Non-oil revenue increases 67% to N4tn – CBN

The Central Bank of Nigeria’s third quarter report has revealed that the Federal Government’s non-oil revenue...

Six facts about Nigerian Stock Exchange New GMD Temi Popoola

The Nigerian Exchange Group Plc Board of Directors has announced the appointment of Mr. Temi...

Expect further naira depreciation come 2024 – Bloomberg

US-based media firm, Bloomberg has predicted a continuous slide in the Naira in 2024, the...

Nigerian Stock Exchange closes trading for 2023

The Nigerian Stock Exchange has closed trading for the year 2023 with MTN Nigeria and...

Investors purchase Geregu shares for N14bn

40 million shares of Geregu Power Plc, worth at about N14.57 billion, were traded in...