Business

Nigeria’s inflation rate rises to 34.8%

The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate increased to 34.80 per cent in December 2024.…

1 year ago

Investors lose N1.1trn at stock market

Bearish sentiments persisted on the Nigerian stock market on Tuesday, January 14, 2025, making investors incurred a loss of N1.1…

1 year ago

$225m loan: First Bank opens up on dispute with GHL

First Bank has declared that it followed due process in the securing order against General Hydrocarbons Limited (GHL). First Bank,…

1 year ago

CBN fines 9 banks N1.3bn for ATM cash shortages

The Central Bank of Nigeria (CBN) has sanctioned some Deposit Money Banks (DMBs) for failing to make naira notes available…

1 year ago

Investors lose N51bn at stock market

The Nigerian stock market opened on a negative note on Monday, January 13, 2025, recording N51 billion loss for investors.…

1 year ago

How Perm Sec, Directors stole N1.2bn state revenue

The operatives of the Economic and Financial Crimes Commission (EFCC) have arrested five officials of the Katsina State Board of…

1 year ago

Legacy Promo: UBA makes 60 customers millionaires, gifts N200m

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has distributed over N41.8 million in prizes to over 100 lucky…

1 year ago

MMIA Customs surpasses 2024 revenue target, generates N71.6bn

The Murtala Muhammed International Airport (MMIA) Command of the Nigeria Customs Service (NCS) announced that it exceeded its revenue target…

1 year ago

Nigeria gets Diezani’s $52.88m as FG, U.S. sign repatriation agreement

The Federal Government and the U.S. Government on Friday, January 10, 2025 signed an agreement for the repatriation of $52.88…

1 year ago

Stock market investors gain N792bn

The Nigerian stock market maintained an upward trend as the market capitalisation added N792 billion to an opening of N63.559…

1 year ago

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