Business

The stock market opens the upward week as investors earn N341BN

The Nigerian Variable Income Market opened the week with a bullish note, since the index of all shared NGX (thus) advanced at 0.43 percent to close at 126,689.54 basic points. This gain promoted the return of the year so far...

History made as Bitcoin exceeds $ 120,000 for the first time

Bitcoin crossed the $ 120,000 mark for the first time on Monday, establishing a new historical maximum as investors recovered around the early regulatory progress in the United States. The largest cryptocurrency in the world increased to a record of...

Kogi electricity regulatory body now completely operational – President

The President/CEO of the Electricity Regulatory Commission of the State of Kogi (Kerc), Eng. Ibrahim Abdwaaris has said that the Commission within six months of the responsibility of the Kogi state electricity has evolved from a legislative concept to...

The United Kingdom has new commercial reforms to boost exports, create jobs in Africa

African exporters, including those of Nigeria, will benefit from a new wave of commercial reforms of the United Kingdom aimed at deepening economic ties and promoting employment creation throughout the continent. The new measures, announced on July 10 under the...

Aiyedatiwa, bullet meets to strengthen the ties of agriculture, industrialization

In the attempt to strengthen interest cooperation in agriculture and industrialization, the governor of Ondo, Lucky Aiyedatiwa, was Friday the host of his Bauchi counterpart, Senator Bala Mohammed. The meeting of the two governors held in the Government's house in...

Nigeria establishes a company of solid minerals to attract a direct foreign investment

Solid Mineral Development Minister Dr. Dele Alake, has revealed the establishment of Nigeria Solid Minerals Company (NSMC), a new corporation designed to attract direct foreign investments and transform the country's mining sector. Alake also explained that the NSMC will...

NGX Market Caps increases to N78.73Trn since GTCO lists new actions

The Nigerian stock market maintained its upward career to close a negotiation session in a positive note on Thursday, in the middle of registering mixed results in key performance indicators. The market capitalization of the Nigerian exchange (NGX) increased by...

FIRS has made significant progress: IMF

The International Monetary Fund (IMF) has examined the current reforms in the Federal Internal Income Service (FIR) and praised the agency, so it described as significant progress in its central duties. A senior economist in the Department of Fiscal Affairs...

CBN ends loan exemptions, orders banks to present capital plans July 14

As Nigeria advances towards its deadline for bank recapitalization of March 2026, the Central Bank of Nigeria (CBN) has announced a decisive ending of regulatory tolerance and exemptions of regulatory loans of the COVID era, indicating a return to...

Bulls persist in NGX as Variable Rent Investors earn N226BN

The Nigerian Variable Income Market suffered its Alcista impulse on Tuesday, as the index of all shares (thus) advanced at 0.31 percent to close to 121,653.93 basic points. In the Nigerian exchange (NGX), the bullish feelings followed profits in First...

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Banks await CBN clearance as audit delays leave investors without key earnings data

Investors in some of Nigeria's largest listed banks are facing a growing information gap as delays in the completion...