Business
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FAAC Allocation to FG, States, LGs in March Shrinks to N722.7bn
By Aduragbemi Omiyale The amount shared to the three tiers of government, the federal government, state governments, and local governments,…
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Local Stock Exchange Extends Growth by 0.06% Amid Weak Sentiment
By Dipo Olowookere Investor sentiment at the Nigerian Exchange (NGX) Limited was weak on Wednesday as traders chew over the…
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Tony Elumelu marks his 60th birthday celebration with African entrepreneurs
Key Highlights Billionaire Tony Elumelu celebrated his philanthropy on his 60th birthday on March 22nd. A symposium titled 60 for…
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BREAKING: International Airlines adjust exchange rate to N551/$1
Key highlights International airline operators in Nigeria have adjusted their exchange rate to N551/$1 from N460/$1 The adjustment is on…
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FrieslandCampina Lifts NASD OTC Market by 0.07% at Midweek
By Adedapo Adesanya The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Nigerian economy has…
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Oil Prices Rise $1 as Greenback Drops on US Rate Hike
By Adedapo Adesanya The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Nigerian economy has…
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Naira Rebounds, Strengthens Against Dollar at FX Market Segments
By Adedapo Adesanya Bitfinex has listed the wrapped Minima ($WMINIMA) token, an ERC-20 token, aimed at helping build a truly…
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How Nigeria has adopted modular solutions to address gas financing problems in the short term
Key highlights This report highlights small and modular solutions as one-way African countries can still explore natural gas. Nigeria has…
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Elections: David Umahi declares intention for Senate Presidency, calls for zoning
Key highlights: The former Governor of Ebonyi will represent Ebonyi’s south senatorial district in the 10th assembly. He has called…
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Ramadan: Buhari warns traders who “artificially “increase the price of food
Key highlights: Buhari says he is particularly aware of the activities of traders who artificially increase the prices of their…
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