Electricity distribution companies (DisCos) in Nigeria have quietly increased tariffs by as much as 18.5 percent from December 1, 2022, leaving Nigerians confused. Two Discos in...
The Central Bank of Nigeria (CBN) has denied any wrongdoing in the sale of Polaris Bank, noting that the divestment was executed based on the relevant...
The Debt Management Office (DMO) has raised concerns as Nigeria’s public debt is set to hit N72 trillion. Patience Oniha, the DG of DMO raised the...
Naira on Wednesday depreciated against the dollar across official and parallel foreign exchange (FX) markets. Nigeria’s FX market resumed for the New Year on Tuesday, with...
JUST before the commencement of the Federal Executive Council (FEC) meeting on Wednesday, November 23, 2022, President Muhammadu Buhari unveiled (the redesigned) new Naira bank...
The Nigerian Exchange Ltd. (NGX) on Wednesday gained N34 billion as market capitalisation closed at N28.136 trillion from N28.102 trillion recorded on Tuesday. Also, the All-Share...
Former Minister of Education, Oby Ezekwesili, has described as tragic and hopeless the recently signed budget for 2023 fiscal year. President Muhammadu Buhari had on Tuesday...
The Nigeria Employers’ Consultative Association (NECA) has expressed dissatisfaction over some of the provisions of the financial bill, including the increased Tertiary Education Tax (TET), from...
Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced the appointment of new directors across its subsidiaries. In a statement sent to NGX,...
Nigeria’s producers raised selling prices of their output strongly as foreign currency (FX) scarcity adds to companies’ cost pressures by the end of 2022. The headline...