Business interviews
The equities market on Monday continued on bearish position, with investors losing about N363 billion to sustained profit-taking in several mid-tier stocks. The downward trend was driven by sustained profit…
The equities market, after a day of bullish session, reversed its bullish trend on Tuesday, recording a loss of N1.33 trillion due to sell-offs.this Sell-offs in major stocks like: Dangote…
President Bola Tinubu has ordered a review of deductions and revenue retention practices by major federal revenue-generating agencies in the country. Minister of Finance, Wale Edun, announced the directive after…
The Federal Executive Council (FEC) has approved major funding to upgrade power infrastructure across the country, in a bid to boost electricity supply and support national industrial growth. Minister…
The Debt Management Office (DMO) has announced an offer of two FGN savings bonds for subscription at N1,000 per unit. According to a statement by the DMO on Wednesday in…
The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, says the Federal Government is concessioning Enugu Airport due to huge cost involved. Keyamo stated this during the launch of…
The International Monetary Fund (IMF) has commended the Central Bank of Nigeria (CBN) over its monetary policy reforms, which are significantly contributing to the nation’s economic recovery. IMF gave the…
The Nigerian Exchange Ltd. (NGX) rebounded on Wednesday, reversing four days of bearish trend with a gain of N378 billion. The NGX market capitalisation rose by N378 billion representing 0.5…
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) says there will be temporary disruption of SIM-related services across all mobile networks in Nigeria. ALTON disclosed this in a statement…
The Nigerian stock market began the second half of the year on a negative trajectory, resulting in a N150 billion loss for investors. Specifically, the Nigerian Exchange Ltd. (NGX) market…