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Business and Economy

Bitcoin Surges to $89,000 All-Time High as Crypto Market Rallies

By   Milcah    TanimuBitcoin, the leading cryptocurrency by market cap, has reached a new all-time high, soaring to $89,360 on Tuesday morning, according to...

Dangote Refinery to Hold Fuel Supply Talks with PETROAN

By Abigail Philip DavidThe management of Dangote Refinery is preparing to meet with the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN)...

Nigerian Stock Market Gains N84 Billion as NGX Starts Week on a Positive Note

By   Milcah   TanimuThe Nigerian Exchange Ltd. (NGX) opened the week on a bullish note, adding N84 billion to investors’ portfolios on Monday. The market...

NDIC to Commence Sale of Heritage Bank Assets on December 4

By   Milcah   TanimuThe Nigeria Deposit Insurance Corporation (NDIC) will begin selling Heritage Bank’s assets on December 4, 2024. In line with its statutory role...

Concerns as Nigerians’ Per Capita Income Drops by Over 200% in 10 Years

By   Milcah   Tanimu Nigeria's dream of achieving a $1 trillion economy is under threat. The country has seen a dramatic drop in per capita income....

Petrol Landing Cost Falls to N971 per Litre Despite Rising Retail Prices

The landing cost of Premium Motor Spirit (PMS), also known as petrol, in Nigeria has dropped by 20.34% over the last three months, now...

Adelabu Orders Immediate Overhaul to Prevent Future Grid Collapses

By   Milcah    TanimuAdebayo Adelabu, Nigeria’s Minister of Power, has instructed the Transmission Company of Nigeria (TCN) and related agencies to implement recommended measures...

Nigeria undergoing major reset after subsidy removal — Soludo

By Abigail Philip DavidAnambra State Governor, Prof. Chukwuma Soludo, stated that Nigeria is experiencing a profound transformation following the removal of subsidies by...

SGF Reaffirms Tinubu’s Commitment to Socio-Economic Growth

Secretary to the Government of the Federation, Senator George Akume, reaffirmed President Bola Tinubu's dedication to Nigeria's socio-economic progress on Thursday. His remarks came...

FBN Holdings Surpasses CBN Recapitalisation with N730bn Target

By   Milcah   TanimuFBN Holdings aims to exceed the Central Bank of Nigeria's (CBN) minimum recapitalisation requirement by increasing its capital base to N730 billion...

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