According to the National Bureau of Statistics (NBS) recent report for February 2024, the cost of bread, yam, white garri, beans, onions, beef, and other food items increased.It said this was in its S...
News reaching our desk revealed that just today, the federal government of Nigeria initiated criminal proceedings against Binance, one of the biggest cryptocurrency exchange platforms.The Federal Inla...
Last month, the major shareholder of PZ Cussons Holdings announced plans to buy out other shareholders, but this was pending regulatory approvals. On Tuesday this week, the Securities and Exchange Com...
Yesterday, the Nigerian stock market halted its three-day straight bearish run as investors engaged in profit-taking activities. Yesterday's gains were attributed to the gains in BUA Cement Plc and 21...
Investors at the Nigerian Stock Exchange (NGX) finished the mid-week trading session in a red zone, leading to a three-day consecutive bearish run. Market capitalisation was down by N168 billion, as i...
The Nigerian Senate has approved N466,342,656,922.00 as the 2024 Federal Inland Revenue Service (FIRS) budget.The passage of the budget by the Senate followed its adoption and approval of the recommen...
Local stocks yesterday at the Nigerian Stock Exchange (NGX) sustained a bearish end as losses were attributed to investors' profit-taking activities. This led to a decline in prices at MTN Nigeria Com...
The Central Bank of Nigeria (CBN) has adjusted the Custom duties at the nation's seaports and airports from N1,617.96/$1 to N1,593.41/$1, a 1.5% reduction.Analysts stated that the reduction in Customs...
The Nigerian Stock Exchange (NGX) witnessed a decline of N238.55 billion to begin the new week as investors' profit-taking activities led to the decline of prices of MTN Nigeria Communication Plc and ...
The Nigerian Stock Market continued its bull run yesterday, finishing with a gain of N273 billion compared to Tuesday's closing, which saw an increase of N837 billion as stocks advanced. Yesterday's g...