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Equity Market Extends Downturn By N16bn

Transactions in the Nigerian equity market on Tuesday closed on a negative note, as losing streak extends to the second consecutive trading day, following sell-off on some high-valued stocks. [...]

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Fiscal Deficit Climbed To N451.22bn in October – CBN

The Federal Government recorded a fiscal deficit of N451.22bn in October 2020. The Central Bank of Nigeria disclosed this in its monthly economic report for October which was released on Tuesday. [...]

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Nigeria’s Cooking Gas Consumption Rises, Exceeds 1m MT

The Petroleum Products Pricing Regulatory Agency on Tuesday announced that the consumption of Liquefied Petroleum Gas in Nigeria, popularly called cooking gas, exceeded one million metric tonnes [...]

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FG To Pay 24.3 Million Poor Nigerians N729bn, Says Minister

The Federal Government on Tuesday said about 24.3 million poor Nigerians would get N5,000 each for a period of six months. This translates to N729bn within the six-month period. Minister of [...]

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Airfares Fluctuate Amid COVID-19 Second Wave

The cost of air tickets along several routes have reduced as business activities have resumed for the New Year, findings by The PUNCH have shown. The decrease in the price regime was reflected by [...]

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Equity Market Extends Downturn By N16bn

Transactions in the Nigerian equity market on Tuesday closed on a negative note, as losing streak extends to the second consecutive trading day, following sell-off on some high-valued stocks. [...]

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Stock Market Down By N25bn On Profit-Taking

The Nigerian equity market, on Thursday, returned to negative trajectory as investors continued to take profits to increase capital gains. The Nigerian Stock Exchange All-Share Index declined by [...]

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21 Million Subscribers Still Without NINs, Say Telcos

A total of about 143 million Subscriber Identification Modules are now identifiable according to the National Identity Management Commission for registration with their respective National [...]

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NIGERIA RECORDS $90M FDI IN ONE MONTH

Nigeria recorded Foreign Direct Investment totaling $90M in October according to figures obtained from the Central Bank of Nigeria on Wednesday, 20th of January 2021.The CBN disclosed in its [...]

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NIGERIA OVERTAKES US AS INDIA’S FOURTH BIGGEST OIL SUPPLIER

Nigeria emerged as the fourth biggest supplier of crude oil to India in December, pushing the United States down to the sixth position just after Brazil. Reuters reported on Wednesday, 20th of [...]