The Nigerian Exchange Group Plc (NGX Group) says its shareholders have approved a capital raise of N10 billion through a rights issue. The decision was made at the 63rd annual
Business
MTN Nigeria Plc has reported a pre-tax loss of N575.69 billion in its operations for the first six months of 2024. The result is a sharp reversal of the N162.9
Adebayo Adelabu, minister of power, says investors are now showing interest in the electricity sector because the federal government increased electricity tariff for Band A customers. On April 3, the
The Nigerian Electricity Regulatory Commission (NERC) has announced the deregulation of meter prices under the meter asset provider (MAP) scheme for end-user customers. This is contained in a circular issued
The naira further depreciated to N1,350 per dollar at the parallel section of the foreign exchange (FX) market on Monday.
Vice-President Kashim Shettima says Nigeria is poised to produce 4,000 tonnes of lithium per day. Shettima spoke on Monday in
Two Nigerian fintech companies have paused enrollment of new customers following a directive from the Central Bank of Nigeria (CBN).
Yemisi Bamgbose, executive secretary of the Broadcasting Organisation of Nigeria (BON), has faulted the decision of the Federal Competition and
Dangote Group has denied creating an artificial intelligence (AI) tool to help Nigerians trade in the crypto and stock market.
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says it does not have access to petroleum products. Queues
