JUST IN: CAC EXTENDS POS REGISTRATION DEADLINE TO SEPT 5
The Corporate Affairs Commission (CAC) has announced the extension of mandatory Point of Sales agents, super agents, and sole agents registration to September 5, 2024....
DANGOTE CRITICIZES CBN’S LATEST 30% INCREMENT IN INTEREST RATE
Aliko Dangote, the chairman and CEO of the Dangote Group, has criticized the Central Bank of Nigeria (CBN) for its most recent interest rate increase,...
NIGERIA’S CAPITAL IMPORTATION SURGES 210% TO $3.37M IN Q1 2024
According to recently published National Bureau of Statistics (NBS) data, total capital imports into Nigeria increased by 210.16% to $3,376 million during the first quarter...
GAC MOTOR PRESENTS DAVIDO AND HIS WIFE, CHIOMA WITH GN8 MPV AS WEDDING GIFT
In an unparalleled display of grandeur and opulence, GAC Motor has set a new standard for automotive excellence and collaboration by gifting Davido and Chioma...
‘MINOR FIRE’ AT DANGOTE REFINERY EFFLUENT PLANT PUT OUT
On Wednesday, a "minor fire" incident was reported at the Dangote Refinery's effluent treatment plant in Lagos. Firefighters and other emergency personnel responded quickly, putting...
NAIRA APPRECIATES AGAINST DOLLAR AT BLACK MARKET
The Naira appreciated marginally to N1,480 against the dollar at the parallel foreign exchange market, also known as the black market, amid the Sallah holidays....
DANGOTE SET TO EXPAND REFINERY STORAGE CAPACITY BY 600 MILLION LITRES
According to Aliko Dangote, President of the Dangote Group, the corporation is increasing the refinery's storage capacity by 600 million liters. On Wednesday, Dangote delivered...
NO PLAN TO REVOKE WEMA, POLARIS, UNITY, FIDELITY LICENCES – CBN
…Reassures Public About Safety of Their Bank Deposits The Central Bank of Nigeria has said there is no plan to revoke the operating licences of...
NIGERIA RECORDS N6.52 TRN TRADE SURPLUS IN Q1’24
The first quarter of 2024 (Q1'24) saw a trade surplus of N6.52 trillion for Nigeria. This is a quarter-on-quarter (QoQ) rise of 79 percent over...
NGX RECORDS N132BN MARKET CAPITALIZATION GAIN
The Nigerian Stock Exchange recorded a N132 billion market capitalization gain at the close of trading on Wednesday. Accordingly, the market capitalization opened at N56.031...