Business

Nigeria’s inflation rate drops to 22.97%

The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate dropped to 22.97 per cent in May…

11 months ago

Reps summon Cardoso, Edun over Fiscal Act breach

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, and the Minister of Finance, Wale Edun, are to appear before…

11 months ago

Stock market records N486bn gain

The Nigerian stock market ended the week on a positive note on Friday, June 13, 2025, recording a gain of…

11 months ago

Naira drops against dollar at official market

The naira ended the trading week on a bearish note Friday, June 13, 2025, closing at N1,549.35 to the United…

11 months ago

NNPC generates N5.8trn revenue, N748bn profit in April

The Nigerian National Petroleum Company Limited (NNPC Limited) has announced that it generated a revenue of N5.89 trillion and a…

11 months ago

After 20 years, Dangote quits as Dangote Sugar Chairman, Ekpe steps in

Africa’s richest man, Aliko Dangote, is stepping down as Chairman of Dangote Sugar Refinery Plc after two decades of leadership…

11 months ago

UK economy falls after tax hike, U.S. tariffs

United Kingdom’s economy shrank more than expected in April following a tax hike on UK businesses. This also follows a…

11 months ago

Oil prices drop as market assesses Middle East tension

Oil prices eased on Thursday, June 12, 2025, as market participants assessed a United States decision to move personnel from…

11 months ago

Stock market investors gain N405bn

The Nigerian stock market closed on a positive note on Wednesday, June 11, 2025, as performance indices grew by 0.56…

11 months ago

NGX suspends Notore Chemical Industries from trading

The Nigerian Exchange Limited (NGX) has announced the suspension of trading in the shares of Notore Chemical Industries Plc, effective…

11 months ago

This website uses cookies.