The All-Share Index (ASI) in the Nigerian capital market appreciated by 0.33% at the close of…
Category: Business/Economy
Naira weakens marginally in official market, trades at N865/$1
Following the massive gain of N234 recorded by the Naira against the dollar on Monday, the…
Banks ration cash as Naira scarcity persists
Bank customers’ agony over the prevailing cash scarcity increased, yesterday, as more banks resorted to rationing…
Investors in Nigerian stock market net N70.1bn in 7, 011 deals
Investors in the Nigerian capital market pocketed N70.14 billion at the close of trading on Monday.…
CBN declares Nigerian banks financially stable
The Central Bank of Nigeria (CBN) has stated that the banking sector in Nigeria is still…
National power grid collapses again, plunges Nigeria into darkness
Nigeria’s electricity grid has once again thrown the country into darkness as the government operated system…
Dangote Refinery latest: Diesel, Jet A1 to hit Nigeria market Jan, petrol later
The Dangote Petroleum Refinery is set to start producing Automotive Gas Oil, also known as diesel,…
CBN orders banks to suspend charges on huge cash deposits
The Central Bank of Nigeria (CBN) has ordered banks to suspend charges for all cash deposits…
MAN predicts exit of more manufacturers from Nigeria after, GSK, P&G
The Director General of Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has regretted the exit of…
Lagos govt serves Ikoyi building owners contravention notice
The Lagos State government has served contravention notice to property owners along the corridor of Shoreline…