On Thursday, the National Bureau of Statistics (NBS) reported that the nation's annual inflation rate increased to 29.90% in January from the corresponding year, which finished at 28.92% in December 2...
On Thursday, it was reported that the naira appreciated a little against the United States dollar at the Nigerian Autonomous Foreign Exchange Market to close at N1,498.25/$ from N1,503.38/$ that was r...
The management of BUA Foods Plc, through the MD of the firm, Ayodele Abioye, recently announced that the food conglomerate had invested a whopping sum of $200 million into its integrated sugar estate ...
As the naira continues its battle against the dollar, the Central Bank of Nigeria (CBN) has swiftly adjusted the exchange rate for computing customs duties at the nation’s seaports. This has caused ...
Investors at the Nigerian Stock Exchange recorded a loss on the second day of trading this week. Market capitalisation shed N183 billion, according to the analysis from top market analysts, which pred...
The Federal Competition and Consumer Protection Commission (FCCPC) recently announced that it would implement stricter sanctions against 11 electricity distribution companies (DisCos) over their non-c...
The Nigerian Stock Exchange (NGX) investors started the week positive as Monday's trading session led market capitalisation to gain N101 billion. Market capitalisation closed with N55.836 trillion—t...
Geregu Power Plc has reported its record for the 2023 financial year, and it shows that the company witnessed its highest revenue growth last year following an increase in consumer demand for electric...
Jeff Bezos, the third richest man in the world and founder of Amazon.com, has moved to sell 12 million company shares. This is his first stock sale in over three years—his last sale was in 2021.Acco...
According to this week's analysis, there has been a forecast that the current bearish trend, which lasted last week, will continue this week as investors look for coverage in fixed-income instruments ...