Equity market declines, indices lose 2.16%
The Nigerian bourse continued its negative trend on Tuesday with market capitalisation losing N545 billion or 2.16 per cent to...
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Nigeria’s inflation rate increases to 20.77% in September
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 20.77 per cent on a year-on-year basis...
Lagos leads other states with N753b IGR collection in 2021
Lagos State collected the highest Internally-Generated Revenue (IGR) of N753.46 billion in 2021 followed by the FCT which collected N131.92...
Consider Nigeria choice investment destination – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged foreign investors to consider Nigeria and...
Nigeria loses N120bn annually to foreign production of advertising materials
The Advertising Regulatory Council of Nigeria (ARCON) says the nation’s advertising industry loses over N120 billion annually to production of...
Nigerian companies are neither shutting down nor relocating – MAN
The Manufacturers Association of Nigeria (MAN) says contrary to misconceptions in certain quarters, Nigerian companies are neither shutting down nor...
China to advance foreign investment
Zhao Chenxin, Deputy Head of China National Development and Reform Commission, has assured of the country’s plan to advance its...
Naira begins new week on negative note
The Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N441.25. The figure represented...
Fidelity Bank redeems $400m Eurobond notes
Fidelity Bank Plc on Monday announced the redemption of the $400 million Eurobond Notes due Oct. 17. Mr Meksley Nwagboh,...
NBS reports N1.64trn as IGR at States’ level for 2019
The National Bureau of Statistics(NBS), says the Internally Generated Revenue(IGR) at the States’ level for 2019 stood at N1.64 trillion...
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