The Nigerian Exchange (NGX) closed Tuesday’s session on a negative note as the All-Share Index (ASI)…
Category: Business
FGN Savings Bond Allotment Hits N3.05bn in September with Over 2,000 Investors
The Debt Management Office (DMO) has announced that the Federal Government of Nigeria (FGN) Savings Bond…
GEREGU Leads Trading with N10.2bn as NGX All-Share Index Gains 0.79%
The Nigerian Exchange (NGX) closed positive on Monday as the All-Share Index (ASI) advanced by 0.79%,…
Nigeria Needs $575bn to Fix Transport Infrastructure – ICRC
Nigeria must mobilize about $575 billion over the next 20 years to close its transport infrastructure…
NAMA Pushes for Tariff Hike as Airlines Resist Over Soaring Aviation Costs
The Director-General of the Nigerian Airspace Management Agency (NAMA), Farouk Umar, has warned that the current…
Forex Traders Say IMTOs No Longer Diverting Remittances as Oil Firms Boost Dollar Supply
Foreign exchange traders report that International Money Transfer Operators (IMTOs) are no longer diverting remittance inflows…
Nigeria Unveils $60bn Gas-Backed High-Speed Rail Plan
Nigeria is set to launch a $60 billion high-speed rail project spanning 4,000 km, linking major…
NGX Equities Market Opens Week Strong with ₦704bn Investor Gains
The Nigerian Exchange (NGX) began the week on a positive note, recording a market capitalization increase…
FG Suspends 4% FOB Charge by Nigeria Customs Service
The Federal Government has suspended the enforcement of the 4 percent Free on Board (FOB) charge…
Farmers Say Food Prices Won’t Drop Without Lower Production Costs
Farmers are warning that food prices are unlikely to fall unless the high costs of producing…