Electricity consumers increase to 12.12m in Q4 2023 – NBS
The number of electricity consumers in Nigeria increased by 410,000 in the fourth quarter (Q4) of 2023, according to a...
CBN Raises Minimum Capital Requirement for Banks to N500Bn
In a move to strengthen the Nigerian banking sector, the Central Bank of Nigeria (CBN) announced a significant increase in...
U.S. to launch initiatives to empower writers, Nigerian music artistes, others
The U.S. government announced a series of initiatives Wednesday aimed at strengthening ties with Nigeria's booming creative sector. Lee Satterfield,...
CBN Loosens Grip: PVS Limit Jumps from 2.5% to 15% to Combat Inflation
The Central Bank of Nigeria (CBN) has significantly increased the allowable deviation for import and export prices under its Price...
Super Eagles better than their opponents, says Peseiro
In a post-match statement, Super Eagles coach Jose Peseiro expressed his disappointment with the outcome of Nigeria's 1-1 draw against...
NBS Report Reveals Surge in Telecom Subscribers: Voice and Internet Trends in Q3 2023
The National Bureau of Statistics (NBS) has reported that in the third quarter of 2023, there were a total of...
LASRERA and EFCC Join Forces to Combat Real Estate Fraud in Lagos
The Lagos Real Estate Regulatory Authority (LASRERA) has announced its collaboration with the Economic and Financial Crimes Commission (EFCC) to...
Chinese Yuan weakens to 7 against dollar
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 32 pips to 7.1087 against the dollar...
DMO Opens Investment Opportunities in 2024: Two FG Savings Bonds Now Up for Grabs
The Debt Management Office (DMO) listed two Federal Government of Nigeria savings bonds on Monday for subscription at N1,000 per...
Nigerian stock market soars! Investors gain big over N899B as shares climb
Investors' net worth on the Nigerian Exchange Ltd. (NGX) increased by N899 billion or 2.11 percent, concluding the week's trading...
