Yan Yuqing, China’s consul general in Lagos, says bilateral trade between China and Nigeria reached $15.48 billion between January and July. Ms Yuqing disclosed this on Sunday at a reception marking three historic occasions: the […]
More independent marketers have joined the growing list of distributors retailing Dangote Refinery’s high-quality petroleum products across the country. The development follows assurance of steady supply of petroleum products by the Dangote Refinery. New marketers […]
The Nigerian Exchange Limited (NGX) closed on a positive note on Friday, as the stock market gained N151 billion, driven by strong investor interest in select equities. The market capitalisation rose by N151 billion or […]
The naira depreciated on Friday at the official market, trading at N1,602.18 to the dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira lost N5.49. This represents a 0.34 per […]
The National Bureau of Statistics says Nigeria’s headline inflation rate rose to 24.23 per cent in March 2025. The NBS disclosed this in its Consumer Price Index and Inflation Report for March 2025, which was […]
Stock market investors traded 1.183 billion shares worth N28.868 billion in 42,397 transactions this week on the floor of the Nigerian Exchange Limited. This is in contrast to 7.521 billion shares valued at N398.949 billion […]
MRS Oil says it has generated N6.49 billion in profit after tax in 2024. This is according to a corporate disclosure released through the Nigerian Exchange Ltd., which revealed the company’s audited full-year financial results […]
The Nigeria Extractive Industries Transparency Initiative, NEITI, report said the Federation Accounts Allocation Committee, FAAC, disbursed an unprecedented N15.26 trillion to the federal, state, and local governments in 2024. The NEITI FAAC Quarterly Review, released […]
Dangote Petroleum Refinery & Petrochemicals has slashed the price of Premium Motor Spirit (PMS), or petrol, for the second time this month. It has cut N65 off the previous price of N890, bringing it down […]
The race to lead the African Development Bank (AfDB) has officially begun with the release of the list of candidates vying for the role of president. AfDB, in a statement, said this was the outcome […]
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