Ayo Akinfolarin

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Naira undervalued by 30% – Renaissance Capital

Renaissance Capital Africa report suggests that 2024 has a positive outlook for Nigeria with a strengthening currency and a rise in oil prices. Its latest...

Electricity tariff hike looms as FG raises gas price

The Federal Government, on Monday, announced that the new price of natural gas for power generation companies is now $2.42 per metric million British...

Pipeline vandalism: FG may transport crude oil via trucks

The Federal Government has adopted a virtual means of evacuation of crude oil that involves the utilisation of barges and trucks for the transportation...

Local vehicle manufacturing begins soon, declares industry minister

Plans are underway to position Nigeria as a major player in the vehicle manufacturing industry, according to the Minister of Industry, Trade and Investment,...

CBN raises commercial banks capital base

The Central Bank of Nigeria has announced the increment of the capital base for commercial banks with international authorisation to N500bn and national banks...

Breaking

N1trn electricity subsidy savings will be used to boost power –

The Minister of Information and National Orientation, Mohammed Idris,...

Top four banks earn N8tr in 12 months, record N3.5tr FX gain

Four leading Nigerian banks by market capitalisation, achieved combined...

NLC sacks Abure, to audit LP accounts

Rising from a meeting of its stakeholders, the Nigeria...

NGX Group plans N10bn capital raise via rights issue

The Nigerian Exchange Group has indicated plans to raise...
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