Oil Rises on Red Sea Tension, US Economic Growth
Oil Rises on Red Sea Tension, US Economic Growth Oil prices increased over sustained disruption at the Red Sea route, garnished by conflicts in the Middle East. Positive price movement…
CBN Releases Additional $500m to Clear FX Backlog
CBN Releases Additional $500m to Clear FX Backlog The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the…
Tether USDT Swings on Volatile Price Movements in Crypto Market
Tether USDT Swings on Volatile Price Movements in Crypto Market Tether’s USDt price slides to $0.999927 with a 24-hour trading volume of $27,421,704,478. Tether USDt is down 0.01% in the…
Exchange Rates Diverge as FX Supply Sinks 3.5%
Exchange Rates Diverge as FX Supply Sinks 3.5% The naira exchange rates diverged across the foreign exchange markets as US dollar scarcity persisted in Nigeria. At Nigeria’s autonomous foreign exchange…
Fiscal Commission to Verify Capital Projects Worth N2.9Trn
Fiscal Commission to Verify Capital Projects Worth N2.9Trn The Fiscal Responsibility Commission (FRC) is set to begin physical verification of selected Federal Government capital projects valued at N2.9 trillion across…
Economic Commission Sees Slowdown in Global GDP Growth
Economic Commission Sees Slowdown in Global GDP Growth The Economic Commission for Africa (ECA) says global Gross Domestic Product (GDP) will experience slow growth from 2.7 per cent in 2023…
NDLEA Declares Ex-Beauty Queen Wanted for Illicit Drugs Dealing
NDLEA Declares Ex-Beauty Queen Wanted for Illicit Drugs Dealing NDLEA declared Miss Commonwealth Nigeria Culture 2015/2016, Ms Oluwadamilola Aderinoye is the founder of Queen Christmas Foundation, a non-governmental Organisation wanted…
Access Plc. Gets Approval to Acquire ARM Pension Managers
Access Plc. Gets Approval to Acquire ARM Pension Managers Access Holdings Plc says it has obtained necessary approval for the acquisition of ARM Pension Managers (PFA), Ltd., by its subsidiary,…
NGX Hits N56Trn as Investors Gain N4.3Trn
NGX Hits N56Trn as Investors Gain N4.3Trn Equities investors in the Nigerian stock market recorded a bumper harvest amidst the ongoing boom in the local bourse. The total market capitalisation…
$2bn: EITI Faults NEITI on NNPCL Transparency
$2bn: EITI Faults NEITI on NNPCL Transparency The Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high in its…