NGX closes positive with market capitalisation up by N533 billion
The Nigerian stock market closed positive amidst buy-interests and sell-offs as bulls dominated proceedings...
Tag: Featured
Naira falls to N698/$1 at black market
The exchange rate between the naira and the US dollar fell to N698/$1 on Thursday morning, 25th August 2022.
Pre-election year fever: Investors of three top cement firms lose N291 billion as sell pressure heightens
Race to sell-offs for portfolio rebalancing ahead of the 2023 elections saw the shares of top cement manufacturers in the ...
NNPC Ltd to triple Nigeria’s natural gas reserves to 600 trillion cubic feet – Kyari
The NNPC has stated that the company plans to triple Nigeria’s natural gas reserves from over 200 trillion cubic feet ...
Dollar scarcity forces banks to ration $4,000 Personal Travel Allowance (PTA)
Given the rush for PTA and the scarcity of dollars, Nigerian banks have devised ways to ration the allocation of ...
What solar power vendors don’t tell you
Users' experience suggests solar power inverters are an expensive alternative to quality and reliable power supply.
So that one dollar does not sell for N1,000 by 2023
The prevailing economic conditions suggest that the drop in naira value will continue and we will be lucky if the ...
Banks N22 trillion Claims with Central Bank seen funding largest intervention funds in Nigeria’s history
The total claims Nigerian commercial banks have against the Central Bank of Nigeria rose to N21.5 trillion as of June ...
How Lagos hustlers make ends meet from tips
The tipping etiquette in Nigeria is not as complicated as in other countries but it is something noteworthy.
Domestic outperforms foreign transactions on Nigeria’s stock exchange in 7 months of 2022
The total transactions done by domestic investors on the floor of the Nigerian Exchange Limited (NGX) grew by N1.490 trillion...
