Economy

Nigeria accounted for $7bn of the $38.7bn inflows that were secured for the African continent at the maiden edition of the African Investment Forum, which held in South Africa in…

Nigerian equities continued on their losing streak as investors appeared to overlook new audited reports and accounts, dividend recommendations and prospects of interim dividends by many large-cap commercial banks.  For…

Nigerian stock market slumped by 3.55 per cent in June as investors recorded losses totalling N479bn. The market, which opened the month of June with a market capitalisation of N13.685tn,…

CBN Governor, Mr Godwin Emefiele The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele on Monday unveiled his economic blueprint for the country, promising to recapitalise banks within…

Nigeria’s crude oil reserves dropped by 481 million barrels to 36.972 billion barrels in 2018, according to a new report by the Organisation of Petroleum Exporting Countries. OPEC, in its…

Liquefied Petroleum Gas Nearly half of the Liquefied Petroleum Gas, also known as cooking gas, consumed in the country in the first three months of the year was imported from…

Zainab Ahmed The Federal Government has commenced moves to block the over N4.61tn revenue lost to the non-implementation of the Import Duty Exemption Certificate portal. The Minister of Finance, Mrs…

File photo Nigeria’s economy expanded more slowly in the first quarter of 2019 than it did in the fourth quarter of last year, the National Bureau Statistics said on Monday.…

MTN Nigeria Communications Plc will lift the market capitalisation of the Nigerian equities market by N1.836 trillion as Nigeria’s largest telecommunications company lists its shares on the premium board of…