Investors in the Nigerian capital market lost N50 billion at the close of trading on Wednesday. This followed a dip in the share prices of stocks like CWG, NNFM, and …
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Edun meets Customs on implementation of zero duty on food imports
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Board of the Nigeria Customs Service (NCS) has met on implementation of the zero percent duty …
Read More »GTCO makes N15.6bn from account maintenance charges
Tier -1 bank, GTCO Plc, has raked in the sum of N15.6 billion as account maintenance charges in the first half of this year. This was N5.2 billion higher than …
Read More »Innoson unveils first locally-made electric vehicle
Innoson Vehicle Manufacturing Company has proudly announced the launch of its first locally produced electric vehicle. Cornel Osigwe, Head of Communications and Corporate Affairs at IVM, shared the milestone …
Read More »Nigeria retains top spot as crude oil production surges to 1.35m bpd in August
Nigeria’s average daily crude oil production increased to 1.35 million barrels per day (bpd) in August. This is even as Nigeria retained its position as the biggest oil producer in …
Read More »Nigeria cannot develop without reliable access to electricity, says Elumelu
Billionaire businessman and chairman of the United Bank for Africa (UBA), Tony Elumelu has pointed out that development of any country is impossible without access to reliable electricity to drive …
Read More »Certifications boost remote job market growth – PMI boss
The Managing Director of the Project Management Institute, Sub-Saharan Africa, Mr George Asamani, has stated that certifications deliver specialised expertise that goes beyond the general knowledge provided by degrees, …
Read More »NGX: Equities market recovers as investors gain N343bn
Investors in the Nigerian equities market gained N343 billion at the close of trading on Tuesday. This followed an increase in the share prices of stocks like SFS REIT, RT …
Read More »Tinubu boasts his government restoring confidence in Nigeria’s economy
President Bola Tinubu declared on Tuesday his administration has started restoring confidence in Nigeria’s economy through its reforms. He stated this at the 17th Annual Chartered Institute of Bankers of …
Read More »NNPC, Chevron sign agreement to convert five OMLs to PPLs, PMLs, target 165,000bpd by Dec 2024
The Nigerian National Petroleum Company (NNPC) Limited has announced the signing of an agreement with Chevron Nigeria Ltd (CNL), its joint venture (JV) partner, on the conversion of five oil …
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