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...
(JUST IN) MINIMUM WAGE: N60,000 TOO HIGH, NOT SUSTIAINABLE – GOVERNORS
The proposed N60,000 minimum wage for Nigerian workers has been rejected by governors operating under the Nigerian Governors Forum's auspices. The NGF's Director of Media...
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...
BREAKING: NDIC TO COMMENCE PAYMENT OF HERITAGE BANK’S DEPOSITORS THIS WEEK
As of this week, depositors of Heritage Bank (in liquidation) will be paid their insured deposits. This was disclosed by the Managing Director (MD) of...
LATEST: FG, LABOUR IN EMERGENCY MEETING AS STRIKE GROUNDS ECONOMIC ACTIVITIES
The Federal Government of Nigeria has called labor leaders to a conference in Abuja, the nation's political capital, as the organized labor movement's statewide walkout...
UPDATE: NIGERIA NO LONGER INDEBTED TO FOREIGN AIRLINES – IATA CONFIRMS
The International Air Transport Association (IATA) has given an update on airline funds trapped in Nigeria, disclosing that 98% of the blocked funds have been...
FG, NESG SIGN MoU ON FINANCIAL FRAMEWORK FOR CREATIVE INDUSTRY
…as Minister reassures on $100bn contribution to GDP by 2030 On Friday, the Federal Government through the Ministry of Arts, Culture, and the Creative Economy...
LAGOS GOVT SET TO UNVEIL AGRIC, FOOD SYSTEMS ROADMAP 2.0, OTHERS
… Holds Agrinnovation Club Hangout 3.0 The Lagos State Government is set to unveil a Lagos Agriculture and Food Systems’ Roadmap 2.0, a Feedback Mechanism...
WE’LL CREATE CONDUCIVE ENVIRONMENT THAT’LL ATTRACT INVESTMENT, ENSURE BUSINESSES THRIVE IN LAGOS – MCCTI COMMISSIONER
By Ajape Sefiu A. The Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Ambrose-Medebem, has reiterated the Ministry and the State's commitment...
FOREIGN INVESTMENT OUTFLOWS IN NIGERIA SURGE BY 237% IN Q1 2024 AMID CBN POLICY
Foreign portfolio investment and FPI outflows in Nigeria surged by 237 percent in the first quarter of 2024 compared to the same period in 2023...