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NGX: Investors gain N15bn to start week on positive note

Investors in the Nigerian equities market began the week positively gaining N15bn on the trading floor of the Nigerian Exchange Group (NGX) on Monday,...

Shettima projects Nigeria’s economy to grow in leaps, bounds next year

Vice President, Kashim Shettima has projected that Nigeria’s economy will grow in “leaps and bounds” by next year.Shettima made the projection over the weekend...

Nigerian govt approves N47.8tn budget for 2025

The Federal Executive Council (FEC) on Thursday, approved a proposed national budget of N47.9 trillion for the 2025 fiscal year.The Minister of Budget and...

JUST IN: #OndoDecides2024… INEC declares APC’s Aiyedatiwa winner

The Independent National Electoral Commission (INEC), has declared Governor Lucky Ayedatiwa winner of Saturday’s governorship election in Ondo State.The incumbent governor and candidate of...

Court stops NBC from imposing fines, threatening to impose sanctions on broadcast stations

The Federal High Court sitting in Lagos has ordered the National Broadcasting Commission (NBC) to “stop using the NBC Act and the Nigeria Broadcasting...

NGX WEEKLY ROUND-UP: Equities market endures yoyo movement, as investors gain N294bn

Investors in the Nigerian Equities market endured a yoyo week that culminated in a weekly gain of N294.96 billion on the trading floor.This follows...

APC’s Aiyedatiwa cruising to victory, wins in 15 of 18 LGs announced, collation postponed

Ondo State Governor and the candidate of the All Progressives Congress (APC), Lucky Aiyedatiwa, is seemingly cruising to victory in the contest.This is as...

Nigeria a ‘failing state’ beset by corruption, bad leadership – Obasanjo

Former President Olusegun Obasanjo has described Nigeria as a “failing state” marked by pervasive corruption and leadership failure.He also referred to President Bola Tinubu...

CASH SCARCITY: After Ripples Nigeria report, CBN threatens to sanction banks with empty ATMs, selling new notes

The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs) and desist from selling new naira...

Empty banks’ ATMs, PoS prevalence, 2 other unusual financial sector practices found only in Nigeria

Ahead of the yuletide season, customers of Nigerian banks are currently experiencing cash scarcity in the banking halls and are forced to patronise roadside...

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