INVESTOR’S WEALTH: Sustained Sell-offs Slash N2.57trn From Stock Market Cap In October
By Munachimso Obienyi With heavy profit-taking occasioned by the weak macroeconomic environment,…
MINISTRY OF POWER: Senate Summon Finance Minister Over N147bn Projects
By Munachimso Obienyi The Senate Committee on Power has summoned Minister of…
ELECTRICITY: 11 Discos Remit N291bn To CBN In Eight Months
By Munachimso Obienyi The eleven electricity distribution companies in Nigeria remitted a…
DIGITAL FINANCIAL INTEGRATION: CBN Highlights Weak Infrastructure, Low Income, Amongst Other Challenges
By Munachimso Obienyi The Governor of the Central Bank of Nigeria (CBN),…
OPEC: Dangote 650,000bpd Facility Expected To Account For More Than Half Of Africa Refinings
By Emegwoako C. Paschal According to OPEC, the much-anticipated Dangote Refinery's processing…
CBN: Interest On Deposits Hits 4.08% In September 2022
By Munachimso Obienyi Following the increase in Monetary Policy Rate (MPR) to…
ROAD CONSTRUCTION: FG Owes Contractors N10.4trn – Fashola
By Munachimso Obienyi The Minister of Works and Housing, Mr. Babatunde Fashola…
FOREX EARNINGS: FG Grants Operating Licenses To Export Terminals
By Munachimso Obienyi The Federal Government, through the Nigerian Ports Authority (NPA)…
FINANCIAL PERFORMANCE: Flour Mills Nigeria Plc Boosts Half-Year Revenue Up By 38%
By Munachimso Obienyi Despite the inflationary environment, Flour Mills of Nigeria (FMN)…
RESTRUCTURING: Twitter To Lay Off 25% Employees
By Munachimso Obienyi Twitter, which was acquired last week by billionaire Elon…