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Revealed: See a new cement firm set to begin production

The Bauchi State Commissioner for Natural Resources, Muhammad Maiwada, said a new cement factory will soon be cited in the stateThe commissioner disclosed that...
Business

See how Nigeria's FX reserves increased to 33-month high

The governor of the Central Bank of Nigeria (CBN) said that the Nigerian foreign reserves have hit a 33-month high of $40 billionThe CBN...
Business

See the top 10 Nigerian states with the highest domestic debt in 2024

About 10 Nigerian states contributed significantly to Nigeria’s rising domestic debt profile in 2024The country’s 36 states, including the FCT, increased their domestic debt...
Business

NGX: Investors record N216bn profit amid strong performances by Aradel, Conoil, Eunisell

Investors in the Nigerian equities market gained N216 billion on the trading floor of the Nigerian Exchange Group (NGX) on Thursday, November 7, 2024.This...
Business

Why the CBN issued new directives on opening domiciliary accounts

CB has directed commercial, merchant and non-interest banks to open domiciliary accounts for participants in its new dorm account guidelinesThe guideline clarifies regulatory expectations...
Business

Revealed: What the NNPC said about contaminated fuel sold in bottles, jerrycans

The Nigerian National Petroleum Company Limited (NNPC) has debunked a trending video of adulterated fuel allegedly bought from its stationThe company said it carried...
Business

See the oil companies that spent N833 billion on fuel imports in 2024

Four prominent oil marketers spent about N833 billion importing fuel in the first nine months of 2024The oil firms include TotalEnergies Marketing Nigeria, MRS...
Business

See the new refinery set to begin production in another African country

Angola is set to complete its Cabinda oil refinery and commence production in April 2025The new facility will reportedly be commissioned between January and...
Business

NGX: Investors make N131bn profit after Eid-el-Maulud holiday

The Nigerian equities market returned from the Eid-il-Maulud holiday on Tuesday with N131 billion profit for investors.This followed a surge in the share prices...
Business

RT Briscoe,Julius Berger, Total, Oando, others top list of stocks to watch this week

It was a trading week to forget for investors in the Nigerian equities market as the market crumbled amid sell-offs.The bourse lost in all...
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