Economy

The Nigerian Exchange Group (NGX Group) is taking steps to attract more private capital and reduce the trend of companies delisting from the stock market. This was made known by …

The Dangote Group has called on the Nigerian government and private sector players to invest massively in technology to help Nigeria’s industrial sector grow and gain global respect. This call …

The new Managing Director of the Bank of Agriculture (BOA), Ayo Sotinrin, has promised to restructure the bank and reposition it to better serve farmers and boost food production in …

Archlight Nigeria Limited has denied the claims that it transferred over 50 percent of its equity shares in the Ibadan Electricity Distribution Company (IBEDC) to 86 Gardens Limited. The company …

Afreximbank has pumped over $50 billion into Nigeria’s economy in the last ten years. The bank said the money was spread across major sectors like energy, manufacturing, healthcare, transport, infrastructure, …

The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will begin the payment of the first tranche of liquidation dividends to depositors of the now-defunct Heritage Bank. The move …

The Non-Academic Staff Union of Educational and Associated Institutions (NASU) has warned the Federal Government against the selective release of the N50 billion Earned Allowance and delays in implementing agreements …

APM Terminals has restated its readiness to invest $500 million to expand its operations in Nigeria, as part of efforts to boost the country’s maritime industry and improve port efficiency. …

Temile Development Company Limited (TDC), a Nigerian firm, has announced a major boost in its investment in the country’s gas sector. The company now has over $450 million worth of …

The Central Bank of Nigeria (CBN) has announced that personal remittances into Nigeria rose to $20.93 billion in 2024, representing an 8.9% year-on-year increase. This was revealed in a statement …