Economy

The Central Bank of Nigeria (CBN) has recorded a significant rise in investor interest at its most recent treasury bills auction, with total bids hitting N1.21 trillion, despite slightly reducing …

New figures released by the Nigerian Communications Commission (NCC) have revealed a fluctuating trend in national data consumption, as more Nigerians appear to be rationing internet usage following recent tariff …

Understanding Cap Rate: Your First Glance at Profitability – The Quick Scan Dear investor, in Nigeria’s bustling property market, the ability to size up a real estate opportunity with surgical …

Senate President François-Xavier Kalinda has called on African youth to take full advantage of the growing regional trade opportunities across the continent, urging them to break free from colonial-era thinking …

insurance industry by becoming the first non-life insurance company to cross the N100 billion mark in gross premium income. The achievement was revealed during the company’s 55th Annual General Meeting …

The Securities and Exchange Commission (SEC) has disclosed that companies listed on the Nigerian Exchange paid a total of ₦1.1 trillion in dividends to shareholders in 2024, with ₦1.0 trillion …

First HoldCo Plc has announced a total dividend payout of N25.13 billion for the financial year ending December 31, 2024. The decision was approved at the company’s 13th Annual General …

Nigeria’s foreign direct investment (FDI) has continued to perform below expectations, with the World Bank revealing that the country attracted less than one per cent of its GDP in FDI …

Capital Hotel Plc, owners of Abuja Continental Hotel, has announced a revenue of N17.98 billion for the 2024 financial year, marking a 128 per cent increase from the N7.89 billion …

The Nigerian Exchange Limited (NGX) closed last week on a bearish note, breaking its four-week bullish streak, as investors’ wealth declined by N202 billion. This downturn followed the Central Bank …