Business / Nigeria / NIN / World Bank
NIN: Nigeria gets $45.5 for World Bank project
by The World Bank says it has disbursed a total sum of $45.5 million to Nigeria under the Identity for Development project by the country’s National …
Category: Business
Why Dangote Refinery’s fuel supply won’t crash product price – Marketers, experts
Ahead of Dangote Refinery’s commencement of Premium Motor Spirit, known as petrol, supply in the Nigerian market, marketers and energy experts in Nigeria’s oil and …
Naira crashes further against dollar
The naira depreciated further against the dollar as the foreign exchange market resumed trading. At the parallel market, the naira weakened to around N1505 against …
abuja / Business / Hardship / Shoprite / Top Headlines
Hardship: Abuja Shoprite announces closure, blames ‘business climate’
A Shoprite Mall located in the Wuse area of the Federal Capital Territory, FCT, Abuja has announced its decision to close operations beginning from June …
NBS reveals most farming states in Nigeria
The National Bureau of Statistics, NBS, has revealed that Ebonyi, Jigawa and Benue states have the highest percentage of crop, livestock and poultry agricultural farming …
Otedola buys a 2.22% additional stake in First Bank Holdings
Nigerian billionaire, Femi Otedola, the Chairman of First Bank Holdings, has acquired an additional 2.22 per cent stake in First Bank. This was disclosed in …
Business / ICPC / News / REA Finance Director / Sambo
Alleged N1.84bn fraud: ICPC arraigns REA Finance Director, Sambo
The Independent Corrupt Practices and Other Related Offences Commission, ICPC, on Monday, arraigned Abubakar Sambo, Director of Finance and Account of the Rural Electrification Agency, …
NBS reveals price of five Nigerian foods increased by 219% under Tinubu
The National Bureau of Statistics has revealed that rice, beans, tomatoes, garri, and yam rose between 189.20 percent and 219.05 percent in the last 12 …
Nigeria’s Electricity customers hit 12.33m in Q1 2024
The total number of electricity consumers in Nigeria rose by 1.78 percent to 12.33 million in the first Quarter of 2024 from 12.12 million in …
Series 1 of FCMB-TLG Private Debt Fund opens for Investment today
Recently, FCMB Asset Management Limited (FCMBAM) held a signing ceremony for Nigeria’s first Naira denominated Private Debt Fund, the FCMB-TLG Private Debt Fund. The Fund, …