Newscenter Media News Lagos State, the economic hub of Nigeria and Africa’s biggest city, is a lively and fast-growing place with great potential for real estate investment. As a key center for business, …
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Total blackout as Nigeria’s power grid collapses again – 4th time in 2024
The national power grid collapsed again on Saturday afternoon. The incident which is the fourth this year is expected to throw the country into total blackout. Nigeria recorded its last …
Read More »Swedish ambassador hints at partnership to boost Nigeria’s solid minerals
The Swedish Ambassador to Nigeria, Annika Hahn-Englund, has hinted at a partnership with a Nigerian firm, UBACLE Group, to boost Nigeria’s solid minerals. According to a statement on Saturday, …
Read More »NGX WEEKLY ROUND-UP: Investors lose N20.75bn as equities market crumble
It was a week to forget for investors in the Nigerian equities market following a cummuative loss of N2.75bn in the just ended trading week. The bourse recorded loses in …
Read More »Nigeria eyes domestic ethanol production with cassava
Nigeria’s Minister of Innovation, Science and Technology, Uche Nnaji, on Friday, announced a plan to develop domestic ethanol production using cassava as a feedstock. This initiative, marked by a Memorandum …
Read More »Nigeria pushes for ECOWAS single currency, despite challenges
Nigeria’s Minister of Finance, Wale Edun, has reaffirmed the country’s commitment to implementing the Economic Community of West African States (ECOWAS) single currency, the ECO. This comes despite recent setbacks, …
Read More »Avolta expands investment, launches duty-free store at Lagos airport
Avolta, a Swiss-based travel retailer, has expanded its investment base to $5m in Nigeria. The new feat was made known to journalists on Thursday, by the Chief Executive Officer …
Read More »Naira recovers to trade N1, 509/$1 at official window
The naira recovered from its recent slump against the United States dollar on Friday to close the week on a positive note. Data from the Nigerian Autonomous Foreign Exchange Market …
Read More »Nigeria’s equities market closes week on negative note as investors lose N23bn
The Nigerian equities market closed the week on a negative note as investors lost N23 billion at the close of trading on Friday. This followed the dip in the share …
Read More »New NGX Limited CEO, Jude Chiemeka charged with driving growth of group
The newly confirmed Chief Executive Officer (CEO) of the Nigerian Exchange Group, Mr Jude Chiemeka has been charged with the onerous task of propelling the NGX towards long-term success. This …
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