Category: Business

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...

CAC extends deadline for filing annual reports to April

The Corporate Affairs Commission has approved an extension of time for corporations to file annual...

Dangote ranks second best performing Sub-Saharan African company

Dangote Group has emerged as the second-best performing company in Sub-Saharan Africa in 2023. In...

NGX sees record gains as market cap surpasses N40trn

The All-Share Index increased by 0.99% to close at 74,502.58 points, a new all-time high...

Petrobras returns to Africa, acquires blocks in Sao Tome and Principe

The Brazilian oil giant, Petrobras, has returned to the African oil and gas market by...

eNaira transactions rise 284% in August – CBN

The Central Bank of Nigeria has recorded a 284.6% rise in the transaction volume of...

Emefiele: TTB’s Lemo, others risk shares forfeiture, CBN investigator warns

The Special Investigator appointed by President Bola Tinubu to investigate the Central Bank of Nigeria,...

2023: Companies that exited Nigeria amid economic challenges

Throughout 2023, Nigeria’s business environment grappled with unprecedented challenges, chiefly influenced by the complexities of...

Insecurity, economic hardship to worsen in six states – W’Bank

The World Bank predicts that persistent insecurity, armed conflict, and declining livelihoods will continue to...

IGR to provide N300bn of Enugu’s N521bn 2024 budget – Mbah

The Enugu State Governor, Peter Mbah, has stated that the state is going to generate N300 billion...