Business
Nigeria’s Non-oil Exports Hit $1.79 Billion In Q1 2025-NEPC
The Nigerian Export Promotion Council (NEPC) says Nigeria’s non-oil exports have risen to $1.791 billion in the first quarter of 2025. The chief executive officer […]
Business
Business
Musk Becomes First Person Worth $500 Billion-Forbes Magazine
Elon Musk on Thursday became the first person estimated to reach a net worth of $500 billion. This is according to U.S. magazine Forbes, which […]
Business
14 Banks Fully Met CBN’s New Capital Requirement, Says Cardoso
The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says 14 Nigerian banks have fully met the new capital requirement in the ongoing […]
Business
Stock Market Gains N254 Billion On Sustained Bullish Sentiment
The Nigerian stock market sustained its bullish run on Tuesday, with investors’ wealth increasing by N254 billion on the back of renewed bargain hunting. The […]
Business
Nigerian Stock Market Closes Bullish Friday As Capitalisation Hits N85 Trillion
The Nigerian stock market closed the week on a bullish note on Friday as investors gained N793 billion. Market capitalisation rose by N793 billion, or […]
Business
CBN Retains Lending Rate At 27.5%
The Central Bank of Nigeria (CBN) has retained its key lending rate, known as the Monetary Policy Rate (MPR), at 27.5 per cent. The CBN […]
Business
Nigeria’s Oil Production Stands At 1.7 Million Barrels Daily; To Hit Two Million By End Of 2025- FG
The federal government says Nigeria is currently producing approximately 1.745 million barrels of crude oil per day (bpd) and aims to reach two million bpd […]
Business
Israel-Iran War Responsible For Increase In Oil Prices, Says IPMAN National President Chief Kolawole Adewoyin
Israel-Iran War Responsible For Increase In Oil Prices, Says IPMAN National President Chief Kolawole Adewoyin The Supreme Court affirmed National President of Independent Petroleum Marketers […]
Business
PETROAN Says Dangote Refinery’s Planned Fuel Distribution Will Threaten Downstream Sector
Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, on Monday raised alarm over the plan by Dangote Refinery to start direct nationwide distribution of […]
Business
LCCI Calls For Value Reorientation Amid Surge In Ponzi Schemes
The Lagos Chamber of Commerce and Industry (LCCI) has called for continued public enlightenment and value reorientation to prevent Nigerians from falling victim to Ponzi […]