Inside CBN’s N10 trillion intervention where N193 billion loans have been declared lost
The apex bank report indicates that N289 billion of the loans are performing, N67.9 billion is substandard and N418.9 billion...
Nigeria’s imported food inflation jumps to 29.8% as naira depreciation triggers record high rate
Imported food inflation in Nigeria rose to its highest level, reaching 29.8% in February 2024 from 26.3% recorded in the...
FX devaluation, increased production spurs 37% growth in Nigeria’s oil export in 2023
Nigeria recorded a total crude oil export revenue of N29 trillion in 2023, a 37% increase compared to N21.1 trillion...
These are the shareholders of newly listed Transcorp Power Plc
As of December 31, 2023, a detailed analysis of the company's register of members provides an insightful glimpse into its...
Foreign investors still wary as Cardoso pitches for hot money inflows
Data from the Nigerian Exchange (NGX) reveals that foreign participation in the Nigerian equities market dropped to 8.15% in January...
Price of rice surges to N88,000 as expert proposes solution to food problem in Nigeria
The price of a 50kg bag of foreign rice has surged to over N88,000 across major stores in Nigeria, 22.2%...
CBN sells another N1.58 trillion in Treasury Bills, interest rate at 19% for 364-day bill
The Central Bank of Nigeria (CBN) has sold an impressive N1.58 trillion in its latest Treasury Bills auction as the...
Best performing Nigerian PFAs in January 2024
Seventeen Pension Fund Administrators (PFAs) in Nigeria printed an average return of 2.81% in the month of January 2024, recording...
Top 10 sectors that attracted the most foreign investment in Nigeria 2023
In the fiscal year of 2023, Nigeria saw a shift in foreign investment trends amid economic challenges, with a total...
No dividends, no taxes as beer makers post a combined pre-tax loss of N266.6 billion in 2023
Nigeria's top brewers reported a combined staggering loss before tax of N266.6 billion in the calendar year of 2023, marking...
