The domestic bourse extended losses from the previous session, bringing the All-Share Index down by 0.43% to close at 103,736.08 points. Bearish…
Business News Report
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The current exchange rate for customs import duties and cargo clearance payment is higher than the official foreign exchange market rate of…
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In a bid to enhance food sufficiency in the country, the Niger Delta Development Commission, NDDC, plans to purchase modern farming equipment,…
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Support is building among Africa and Caribbean nations for the creation of an international tribunal on atrocities dating to the transatlantic trade…
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One of the two executives from Binance, the world’s largest cryptocurrency exchange, detained in Nigeria appeared in an Abuja court on Thursday…
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Nigeria Customs Service (NCS), said in the first quarter of 2024, it collected a total revenue of N1,347,675,608,972.75. Comptroller General of NCS,…
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EconomyNews
NERC raises electricity tariff for customer having 20 hours power supply, electricity subsidy spending to crash by 52% on new tariff hike
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff for customers under the Band A classification. Musliu Oseni,…
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No fewer than 15 universities in the United Kingdom have announced plans to sack some workers and even stop running some courses…
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The Edo Refinery has received a total of 15,000 barrels of crude oil in 2024 for production from the Oza Oil Field…
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The negative sentiment continued in the local market as the All-share index dipped by 0.32% to settle at 104,181.32 points. Selloffs of GTCO (-1.23%), ZENITHBANK (-1.23%) and…
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Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award…
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Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) welcomes the release of the much-anticipated circular of the Central Bank of…
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Women Miners in Africa, IWoMA, has launched facility for women miners with access to loans and grants to upscale their productivity. The…
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The Economic Community of West African States (ECOWAS) has sounded the alarm over the dismal state of electricity access in rural areas…
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African Agricultural Technology Foundation, AATF, has said that the state-of-the-art equipment donated to the Institute for Agricultural Research, IAR, will facilitate year-round…