Economy
NNPC Supplies Dangote Petrol, Sells at N897/Litre
The Nigerian National Petroleum Company (NNPC) Limited tankers began lifting premium motor spirit…
NNPC's Naira Gains Conceal Dollar Revenue Decline
Business was not as good as the 28 percent profit increase in 2023 reported by the Nigerian National…
FX Crisis: Nigeria’s Foreign Trade Payments Plummet 57%…
Nigeria’s Letter of Credit payments, used for goods importation dropped by 57.04 percent to $391.91…
Cost of Healthy Food in Nigeria Rises to N1,265 – NBS
Nigeria’s average cost of a healthy diet rose by 1.9 percent in July 2024 to N1,265.This is…
BUA Blames Middlemen, High Energy Costs for Rising…
AbdulSamad Rabiu, chairman of BUA Cement on Thursday said that the company’s earlier plan to crash…
Etuh, Danjuma Acquire Notore Chemical for $150 Million
Thomas Etuh, founder of Tak Agro, in partnership with Theophilus Danjuma’s TY Holdings, has acquired…
Money Supply Reaches Record High of N106 Trillion in…
The money supply (M3), which is a broad measure of the total amount of money in an economy, has…
Bank Recapitalization Drives 44% Surge in Stock Deals
Ongoing banks’ recapitalisation exercise pushed up deals in Nigeria’s equities market by 44 percent…
Naira Hits 1,596.60/$ Amid Declining Dollar Liquidity
The naira on Monday closed at the rate of N1,596.60 as dollar liquidity declined at the official…
Inflation Worsens Social Divide in Nigeria: Who Bears…
Nigeria, Africa’s most populous nation, has witnessed a slight decline in inflation after nearly two…
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