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Business

Stock market closes with N45.35bn gain, as rush for UPDC, PZ shares raises market cap

The bulls maintained their grip on the Nigerian stock market on Friday, as demands for stocks like UPDC, PZ and others pushed the market...

Business

Court summons Emefiele, others over cash withdrawal limit, old Naira notes

A lawsuit seeking to prevent the Central Bank of Nigeria (CBN) from effecting the cash withdrawal limit has been adjourned to January 10, 2023,...

Business

Inflation has reduced Nigeria’s minimum wage to N19k, dragged 5m into poverty —World Bank

The World Bank has announced that Nigeria’s growing inflation rate has cut the existing minimum wage by 55% and has raised the number of...

Business

Nigeria’s inflation jumps to 21.47% in November

Inflation in Nigeria accelerated for the 10th straight month to 21.47% in November.The figure means that in the month of November 2022, the general...

Business

Withdrawals from pension savings rise to N8.27bn

The National Pension Commission (PenCom) has revealed that cash withdrawals by sacked workers in the country increased to N8.27 billion in the third quarter...

Politics

Senate urges CBN to increase individual withdrawal limit to N500,000, offers recommendations

The Nigerian Senate has deliberated on the cash withdrawal limit policy announced by the Central Bank of Nigeria (CBN), offering three recommendations to the...

Business

Nigeria now Africa’s leading oil producer, as production hits 1.185 mb/d

The Organization of Petroleum Exporting Countries (OPEC) has revealed that Nigeria has regained its status as Africa’s leading oil producer.OPEC in its Oil Market...

Business

Again, Nigeria Air misses sixth takeoff date as court case continues

Nigeria’s bid to establish a new national carrier has once again failed because airline operators are determined to get their way in court.Nigeria Air...

Business

Nigeria’s capital market in sluggish growth, Learn Africa tops gainers

The Nigerian capital market posted a sluggish growth in investments at the close of trading on Monday.This followed the 0.03 percent or N10 billion...

Business

INDUSTRY REVIEW: Losses, unfriendly business environment hit Guinness, Nigerian Breweries, IB, Champion Brew

The brewery industry is struggling to curb the cost of operations, and this is affecting the net profit of the sector. As the former...

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Tech

Tag: #featured

AfDB announces $10m investment to boost climate tech innovation in...

Kano gov justifies cabinet reshuffle, promises improved...

Tinubu sets exchange rate at N1500/$ in...

Amotekun nabs seven suspected criminals in Ondo

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AfDB announces $10m investment to boost climate tech innovation in Sub-Saharan Africa

Kano gov justifies cabinet reshuffle, promises improved service delivery

Tinubu sets exchange rate at N1500/$ in 2025 budget

Amotekun nabs seven suspected criminals in Ondo

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