Bears re-emerged in the domestic stock market as profit-taking activities at MTN Nigeria Communications, Dangote Sugar and Nascon Allied Industries caused the All-Share Index (ASI) to fall 0.1 per cent to 102,788.20 points as these large-cap stocks fell. in...
The Center for Economic Reforms in Africa (CERA) has expressed concern over the Federal Government's failure to pay local contractors who completed projects under the 2024 budget.The Centre, in a statement signed by its Director, Dr Martins Tayo, said...
The Central Bank of Nigeria (CBN) has announced that the 2025 economic indices indicate a positive outlook, with the country's GDP expected to accelerate to 4.17 percent to achieve faster economic growth.According to the News Agency of Nigeria (NAN),...
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NCC: Telecommunication companies to make revenue of N5.3 trillion in 2023
Nigerian telecommunications operators generated N5.3 trillion in revenue from their services in 2023, according to the Nigerian Communications Commission (NCC). This was revealed in the NCC's 2023 year-end...
The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has stated that the Nigerian economy is making significant progress in recovery and growth.He made the disclosure on Monday in Abuja during the defense of the...
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have expressed concern over the long-running dispute between Deposit Money Banks (DMBs) and Mobile Network Operators (MNOs) regarding the use of USSD platforms for banking services. Despite...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has urged the public to ignore the purported recruitment advertisement for Port Harcourt Refining Company (PHRC) circulating on certain online platforms.
In a statement signed by its Corporate Communications Director, Olufemi O....
Senator Natasha Akpoti-Uduaghan expressed her sincere gratitude to President Bola Tinubu and the Nigerian National Petroleum Company Limited (NNPC) for the inauguration of the LNG plants in Ajaokuta, Kogi.He made this statement in a press release he personally signed...
A total of N1.424 trillion, representing the December 2024 Federation Account revenue, has been shared between the federal, state and local governments.Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant General of the Federation,...
The National Bureau of Statistics (NBS) says the average retail price of a liter of petrol increased from N648.93 in November 2023 to N1,214.17 in November 2024.According to the News Agency of Nigeria (NAN), he made the statement in...