Nigeria’s manufacturing sector remains endangered despite 50.5% PMI rise
Nigeria’s manufacturing sector continues to face significant difficulties despite a reported rise in the Purchasing Managers’ Index (PMI) to 50.5…
CBN mops up N1.335trn as money supply hit N107.1trn
The Central Bank of Nigeria (CBN) has taken steps to manage the country’s rising money supply, withdrawing N1.335 trillion from…
Reports against our business activities false — GTCO
The Management of Guaranty Trust Holding Company (GTCO) Plc has refuted false news reports against the company’s business activities, results,…
Ondo govt, NEMSA partner on standardisation
The management of the Nigerian Electricity Management Services Agency (NEMSA) and the Ondo State Government have expressed willingness to collaborate…
SMEDAN targets financial empowerment for one million SMEs
Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) has disclosed plans to reach out to over 1 million Small…
Customs acquires surveillance aircraft
The Nigeria Customs Service (NCS) at the weekend took a significant step towards strengthening its air surveillance capabilities with the…
Edo Refinery: NDMPRA concludes assessment test on 80,000bpd Koko expansion
The management of AIPCC Energy, owners of Edo Refinery, over the weekend announced an 80,000 barrels per day refinery expansion…
NPA MD redeploys general managers, appoints new spokesperson
In a move geared towards repositioning Nigeria’s foremost trade facilitation platform for greater efficiency and renewed contribution to the national…
CBN committed to fair, efficient markets — Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has said that the Bank's decision to implement…
Umera Group hosts 3rd edition of boost conference for Oyo youths
House of Representatives member representing Egbeda/Ona Ara Federal Constituency at the National Assembly, Honourable Akin Alabi, the Speaker, Oyo state…
FG begins crude oil sales in Naira to Dangote
The Federal Government has officially commenced the sales of crude oil and refined petroleum products in Naira. The Minister of…
CBN sells $543m FX to banks to check market volatility
The Central Bank of Nigeria (CBN) says it sold 543.5 million dollars to authorised dealer banks between Sept. 6 and…
FULL LIST: 63 items exempted from VAT
The Federal Government has announced the exemption of 63 items from Value-Added Tax (VAT), aimed at boosting various sectors of…
How prices of beans, rice, yam, others increased in August — NBS
The latest Selected Food Price Watch report by the National Bureau of Statistics (NBS) has revealed a substantial rise in…
Nigeria may face gas supply shortfall in next six years, NUPRC warns
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has cautioned that Nigeria may face…
Lekki Port takes delivery of two pilot boats from NPA
The management of Lekki Port, the first deep-sea port in Nigeria on Friday said it has taken delivery of two…
What is asset allocation in mutual funds?
When it comes to investing in mutual funds, one of the most important concepts to understand is asset allocation. Imagine…
Alawuba attributes UBA’s 2024 first-half success to enterprise, tech innovation
The Group Managing Director, United Bank for Africa (UBA) Group, Mr Oliver Alawuba, has announced that commitment to the principles…
CBN introduces electronic transactions in foreign exchange market
The Central Bank of Nigeria (CBN) has announced the launch of the Electronic Foreign Exchange Matching System (EFEMS) for all…
NPA begins coordination of crude oil sales to Dangote Refinery
The Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, announced that the NPA has begun implementing the…
