The data also reveals states in the Western parts of Nigeria have been hit hardest by the border closure recording the highest rise in food inflation for the month.
Nigeria’s inflation increased to 11.61% in October 2019. According to the NBS report, inflation rose by 0.37% points, higher than the 11.24% recorded in September and 11.02% for August 2019.
For Aluminium Extrusion Industries Plc, the only aluminium manufacturer currently listed on NSE, 2019 has not been such a good year.
Most analysts report read by Nairametrics suggest the recent rally is a combination of several factors which if sustained could prolong the rally.
The best leaders have figured out how to overcome the complexity it takes to generate market growth. They have a growth plan.
Today, November 13, Palmpay, an African-focused mobile payment startup, will launch in Nigeria.
CBN has directed banks and other financial institutions to stop selling treasury bills to individuals and small firms with effect from November 29th.
Locally-produced rice in Nigeria has gained huge momentum, as Nairametrics Research Team found that various brands of local rice have now flooded major markets in the country. As a result, the prices of local rice slightly dropped.
Halima Aliko Dangote has been named the new Group Executive Director, Commercial Operations of Dangote Industries Limited.
Visa is thought to be paying $200 million, valuing Interswitch at about N1 trillion. Helios bought 52 percent of Interswitch for $96 million in Dec. 2010.
China’s economic exploits across Africa have continued to fascinate observers.
Etop Ikpe is the Chief Executive Officer of Cars45, one of Africa’s largest digital automotive trading platform.
Bamidele Ayemibo, a trade finance expert, has thrown more light on why Nigerians need to support Buhari’s decision to close Nigeria’s borders.
Nigeria’s top brewers are considering increasing the prices of their products in a bid to survive.
Nigeria lost $41.9 billion to crude oil and refined products theft between 2009 and 2019, a report obtained by Nairametrics disclosed.
Governor Gboyega Oyetola would be engaging the capital market community on areas of support to finance projects and invest in the state tomorrow.
Over the past couple of weeks, consumers across Lagos and beyond have been in search of Cadbury’s Hot Chocolate Drink beverage.
Buhari appoints former deputy CBN Governor as Special Adviser on Finance, Economy
Telcos in Nigeria are trying hard to offer quality services and affordable plans in a bid to outdo one another.
Listed companies on the Nigerian Stock Exchange posted a combined profit after tax of about N4.2 trillion between 2015 and 2018.
GTB, Zenith Bank, Access Bank, FBN, UBA and 10 others spent over N8 billion on their Corporate Social Responsibilities in 2018.
How to Apply for Canadian Permanent Residency from Nigeria on Your Own
Following the OMO ban, Investors scrambled after treasury bills but the CBN rejected over N430 billion in bids