Cement Price to Drop to N7000

There are reports that the Cement manufacturers have agreed to bring down the price of the product to between N7,000 and N8,000 per 50kg depending on ...

Tunde Babs M

Submitted on 19 February, 2024 11:56 am

Foreign Investment: Rivers Records Highest Inflow Under Gov Fubara

Rivers State, South-south Nigeria, recorded $6 million investment inflow in the fourth quarter (Q4) of 2023, according to the National Bureau of Stati...

Bina F

Submitted on 18 February, 2024 09:10 am

BREAKING: FG Summons Manufacturers Over Rising Cost Of Cement

David Umahi, the Minister of Works, has convened a meeting with prominent cement manufacturers to discuss the escalating cost of cement. He expressed...

Tunde Babs M

Submitted on 17 February, 2024 06:46 am

CBN will bring inflation down to 21.4% — Cardoso

The Central Bank of Nigeria, CBN, governor, Mr. Olayemi Cardoso, has said that the apex bank was working to reduce the headline inflation rate to 21.4...

ELUWA MERCY CHINONYE F

Submitted on 24 January, 2024 08:17 am

We won’t allow CBN to print money, says Budget Minister

Amidst revenue pressures facing the 2024 national budget, the Federal Government, FG, has indicated that it would no longer allow Central Bank of Nige...

ELUWA MERCY CHINONYE F

Submitted on 19 January, 2024 10:15 am

Nigeria’s Stock Market Displaces Argentina To Emerge World Best

Nigeria's stock market surpassed Argentina's stock market on Wednesday, claiming the top position as the world's best-performing market. The developm...

Tunde Babs M

Submitted on 18 January, 2024 09:58 am

NGX breaks record as ASI hits all time high of over 90,000 points

The Nigeria Exchange Limited, NGX, yesterday, recorded a new high as its All Share Index, ASI, hits 90,063.26 points the highest in the history of the...

ELUWA MERCY CHINONYE F

Submitted on 17 January, 2024 10:53 pm

CBN uncovers abuses in $7b FX backlogs, vows sanctions

The Central Bank of Nigeria (CBN) revealed yesterday that it discovered “grave infractions” through an independent forensic review, as it ...

ELUWA MERCY CHINONYE F

Submitted on 17 January, 2024 10:43 pm

Naira falls to N1,295/$ in parallel market

The Naira, on Tuesday, fell to N1,295 per dollar in the parallel market. It was N1,265 per dollar yesterday, Monday. However, the Naira depreciated t...

ELUWA MERCY CHINONYE F

Submitted on 16 January, 2024 02:13 pm

US$3.3BN Crude Facility Sponsored By NNPC: Afreximbank, UBA Announce Initial Disbursement of US$2.25 billion

African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian...

ELUWA MERCY CHINONYE F

Submitted on 14 January, 2024 12:14 pm