Investors pump N198tn into fixed-income market
Investment in the Fixed Income and Currency market resisted the country’s prevalent economic climate in 2023, with investors splashing N196.79tn on short…
Business
Dangote refinery receives one million crude barrels
The Nigeria National Petroleum Corporation Limited delivered the fourth shipment of one million barrels of bonny light crude oil to the Dangote…
FCMB Capital Markets receives award for corporate bonds
The Nigerian Exchange Limited has named FCMB Capital Markets Limited, an affiliate of FCMB Group Plc’s Investment Banking division, the ‘Issuing House…
Higher private sector engagement will boost equity market – Operators
Some capital market participants believe that the 2024 Appropriation Bill’s substantial dependence on the private sector for development projects will fuel a…
Delta fixes annual tax returns deadline for March
Delta State employers and self-employed persons have been allowed until January 31, and March 31, 2024, respectively, to voluntarily file their yearly…
Open Visa Index ranks top 2023 performers
African Visa Openness Index has ranked Benin, The Gambia, Rwanda, Seychelles, and Nigeria as the top five performers for 2023. Based on…
Over 160,000 benefited from Tinubu’s transport subsidy – Alake
The Chairman of the Presidential Committee on the Implementation of President Bola Ahmed Tinubu’s End of Year Transportation Subsidy Program, Mr. Dele Alake,…
Nigerian startups owe $415m 10-year debt – Report
Briter Bridges, a research and market intelligence company which focuses on developing nations, has stated that approximately $415 million has been borrowed…
Nigeria’s second-richest man’s wealth drops $2.5bn in 2023
Nigerian billionaire and businessman, Abdulsamad Rabiu, has suffered a significant blow in 2023 with his net worth dropping by $2.5 billion in…
Tinubu promises improvement in power, oil sectors in 2024
President Bola Ahmed Tinubu has pledged to improve the power and oil sectors by 2024. He claimed that the continuing work in…
Vitafoam breaks five-year record with 2023 N52bn revenue
Vitafoam Nigeria Plc has recorded the most money from its operations this year, than in the last five years. The PUNCH reported…
Nipco launches autogas dispensing station in Abuja
Nipco Gas Limited has announced the opening of an auto Compressed Natural Gas station in Kubwa, Abuja, which will supply affordable and…