Senate assures SEC, NGX on capital market-driven reforms
Temi Popoola, CEO of NGX Ltd The Chairman, of the Senate Committee on Capital Markets and Institutions, Osita Izunaso has assured the commitment of the Senate to driving legislative reforms…
Nigeria’s Inflation Rate Will Drop To 21% In 2024, Says Cardoso
Amid the rising prices of foodstuff and other commodities in the market, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured Nigerians that the nation’s inflation…
Nigeria Was On The Road To Economic Disaster Before May 29 – Edun
Wale Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun believes the country is on the path to recovery, saying Nigeria was heading to economic disaster…
Volume Of Transactions In Exchange Market Hit $800m – Cardoso
CBN Governor, Olayemi Cardoso The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says that for the first time in a long while, Nigeria’s volume of transactions in…
Italy announces $6bn plan to strengthen partnership with Africa at Italy-Africa Summit
The government of Italy unveiled a near $6 billion plan to support African development at a one-day Italy-Africa summit in Rome on Monday. African Development Bank Group President Dr Akinwumi…
FBN Holdings 2023 earnings per share doubled on higher operating income
By Kayode Ogunwale The financial giant, FBN Holdings Plc have announced the unaudited full year 2023 financial statement which revealed a strong growth in earnings to billion with an earning…
Sustained operating momentum despite continued foreign exchange headwinds …Intention to buy back up to $100 million of shares
By Kayode Ogunwale Segun-Ogunsanya, GCEO Airtel Africa Airtel Africa Plc has announced improved operative key performance indicators in its unaudited results for nine-month period ended 31 December 2023. The…
FG Commends Dangote Cement for Vital Roles in Economic Diversification …Minister lauds Cement Plant’s promotion of best practices
L-R: Minster of State for Environment, Dr. Iziaq Salako (2nd right); Dangote Cement Ibese Plant Director, Azad Nawabuddin (2nd left); Dangote Senior General manager Special Duty Projects, Abdullaziz Kolo (left);…
Electricity consumers increase to 11.71m in Q3 2023 – NBS
The NBS review focuses on energy billed, revenue generated, and customers by DISCOS under the reviewed period. The number of electricity consumers rose by 240,000 from million in the second…
Nigeria Attains Steady Increase In Active Voice, Internet Subscription
Nigeria has witnessed a steady increase in active voice and internet subscriptions, including a drop in teledensity as contained in the latest telecommunications statistical indicators released by the Nigerian Communications…