Nigeria’s raw material imports soar to N2.4tn – NBS
Nigeria spent at least N2.4tn to import raw materials from other countries in 2022, according to data collated from Foreign...
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Lekki Free Zone Company seeks N25b to refinance debts, new projects
Lekki Free Zone Company (LFZC) has launched a process to raise about N25 billion through issuance of long-term bonds. The...
Pension investments in FGN securities rise to N9.64trn
Pension Fund Administrators have increased the value of investments in FGN Securities from N9.19 trillion as of September 30, last...
NUPRC: First oil from 2020 marginal field bid underway
Some of 2020 marginal field bid round investors are on the stage of striking their first oil. It would be...
Nigeria records first foreign portfolio surplus in five years
Nigeria’s foreign portfolio investments (FPIs) status has witnessed a major turnaround with yearly inflows outweighing outflows for the first time...
New Naira Notes Policy: President Buhari never told AG and CBN GOV to defy Supreme Court order- Presidency
The Presidency has reacted to public concerns in some quarters accross the Country that President Muhammadu Buhari did not react...
Oil prices tick up on China demand and weaker dollar
Oil prices ticked up in Monday Asian late morning trade, reversing a weak start as a recovery in Chinese demand...
Economy loses N20tn on CBN’s 70% cash mop-up – Report
Nigeria’s economy is grinding to a halt and has lost about N20tn following the over 70 per cent mop-up of...
Nigeria records first foreign portfolio surplus in five years
Nigeria’s foreign portfolio investments (FPIs) status has witnessed a major turnaround with yearly inflows outweighing outflows for the first time...
Cultural Tourism syndicate Investigative Report: Ministry is not in support of Creative Sector bill -Sources
The controversial creative sector bill, allegedly championed by one Colonial Felix Alaita , a Senior Special Assistant in the presidency...