Capital Hotels Plc has announced the acquisition of 1,611,995,510 ordinary shares of the company by 22 Hospitality Limited. Following the acquisition, directors…
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Covers latest business tips, economy gist, financial reports etc.
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate (monetary policy…
As the equities market continues bearish performance, shareholders of BUA Cement Plc lost a whopping N111.752 billion in yesterday’s trading…
The Nigerian Bourse (NGX) closed negative amidst buy-interests and sell-offs as bears dominated proceedings, weighing down the broad market by…
The Nigerian equities market closed bearish during the week as the All-Share Index declined by 0.91% in the week ended…
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, appreciated by 0.05% to…
Nigeria exported agricultural goods worth N343.4 billion in the first half of the year, an increase of 17.3% from N292.8…
The National Bureau of Statistics (NBS) published CPI data for August which showed that prices facing the average Nigerian climbed…
The president of the African Development Bank (AfDB), Akinwumi Adesina, has said Nigeria needs help from international institutions in tackling its…
President Muhammadu Buhari has stated that the Nigerian economy is ripe for increased investment, hinting that private capital flows into…
The Federation Account Allocation Committee (FAAC) shared a total sum of N673.137 billion in August 2022 from the Federation Account…
President Muhammadu Buhari has inaugurated the Nigeria Integrated National Financing Framework Report on Sustainable Development (NIFF). The report was launched…
The Nigerian equities market closed bearish during the week as the All-Share Index declined by 0.44% in the week ended…
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 3.05% to…
The Central Bank of Nigeria sold $4.86 billion worth of foreign exchange to authorities dealers in the first quarter of…
First Bank of Nigeria has informed its customers that the Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) will…
The exchange rate between the naira and the US dollar stood at N706/$1 on Monday, 12th September 2022 morning, a…
Nigerian banks‘ borrowings from the Central Bank of Nigeria’s Standing Lending Facility (SLF) increased to N737.05 billion in May 2022,…
The World Bank, the Global Energy Alliance for People and Planet (GEAPP), and the African Development Bank (AfDB) were just…
Nigeria recorded a total foreign trade of N12.84 trillion in the second quarter of 2022, representing a 32.2% increase compared…