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CBN sells Dollar to legible BDC operators at N1580 rate

CBN sells Dollar to legible BDC operators at N1580 rate

The Central Bank of Nigeria has approved the sale of 20,000 Dollar each to legible Bureau De Change operators at…
Zenith Bank’s half-year profit doubles to N578 billion

Zenith Bank’s half-year profit doubles to N578 billion

Zenith Bank reported roughly twice the net profit it earned in the first half of last year in the same period…
Nigeria: Stock market closes positively as investors gain N99bn

Nigeria: Stock market closes positively as investors gain N99bn

The Nigerian Exchange Limited on Friday closed the week on a bullish note with investors adding N99 billion to their…
Dealers, others frustrated plans to slash cement price – BUA Chair

Dealers, others frustrated plans to slash cement price – BUA Chair

Abdul Samad Rabiu, chairman of BUA Cement, says his company’s intention to slash the price of cement from N4,500 to…
Electricity: Nigeria’s Discos generate N3.95tn as revenue in five years

Electricity: Nigeria’s Discos generate N3.95tn as revenue in five years

Nigeria’s electricity distribution companies collectively generated about N3.95 trillion in revenue between 2019 and the first quarter of 2024. This…
How IPPG declines sale of 460,000bpd crude to Dangote refinery

How IPPG declines sale of 460,000bpd crude to Dangote refinery

Oil producers, under the aegis of the Independent Petroleum Producers Group, have warned against being forced to sell crude oil…
Five banks budget $1.20bn for cybersecurity

Five banks budget $1.20bn for cybersecurity

Financial institutions that have started raising capital have stated that they will allocate $1.20bn from the proceeds to invest in…
Prices of Garri, Fufu, and others drop as Nigeria’s food inflation falls – NBS

Prices of Garri, Fufu, and others drop as Nigeria’s food inflation falls – NBS

The reduction in the prices of Garri, Akpu(fufu), milk, and other items pushed Nigeria’s food inflation to fall by 39.53…
Crude sales in Naira to Dangote Refinery, others will crash petrol price – Marketers

Crude sales in Naira to Dangote Refinery, others will crash petrol price – Marketers

Nigeria’s oil marketers have said the sale of crude oil to Dangote Refinery and other local refineries in Naira would…
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