Police Inspector Sentenced To Death Over Killing Of Phone Dealer in Delta

June 12, 2024. Azonuchechi Chukwu. An Inspector of the Nigeria Police...

‘I can love five different women at same time’ – Singer Ruger

June 12, 2024. Azonuchechi Chukwu. Nigerian artist Ruger has disclosed that...

UN President: Africa’s Great Green Wall Unlikely to Meet 2030 Restoration Goal

LONDON/DAKAR (Reuters) - Africa's ambitious Great Green Wall initiative,...

Angela Okorie blasts Yvonne Jegede over her recent podcast

June 12, 2024. Azonuchechi Chukwu. Angela Okorie lambasts her colleague, Yvonne...

Foreign Policy

Today: Browse our editor's hand picked articles!

Nigeria says Israel has lost its international moral authority

A former Foreign Affairs minister, Professor Bolaji Akinyemi,...

Nigeria and Canada Forge Economic Ties Through Trade Expo

Nigeria and Canada are set to strengthen their economic...

Nigeria Female Pilgrim Commits Suicide In Saudi Arabia

In a somber announcement, the Kwara State Muslim Pilgrims...

Tinubu to Submit Bill for New Minimum Wage Amid Nigeria’s Cost-of-Living Crisis

Nigerian President Pledges Continued Economic Reforms Amid Hardships, Proposes New Minimum Wage Bill ABUJA, June 12 - President Bola Tinubu of Nigeria vowed on Wednesday to...

The BigRead

“Investing in Africa: Easy Entry, Hard Exit, Say Top Investment Managers”

Despite Africa's abundant natural resources, its presence in the...

“Impact Investing: Investors Perspectives on Africa’s Fastest Growing Companies Revealed”

Skeptical Investor Perspective: "Impact investing is nonsense. It's a distraction...

Central Bank: Autonomy, Independence, and the Nigerian Economy

1. Introduction A Central Bank can be defined as...

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Consumer + Price

The Nigerian Economy

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Markets + Investing
Markets & Investing

Stock market declines by 0.16%

June 12, 2024. Azonuchechi Chukwu. Tuesday’s trading activities on the floor...

Nigeria Stock Market Rises By 0.58%

June 11, 2024. Azonuchechi Chukwu. Transactions on the floor of the...

Nigeria’s SEC Approves First Naira-Denominated Private Debt Fund

The Securities and Exchange Commission (SEC) has approved the...

Nigerian Stock Market Closes Lower, All Share Index Declines By 0.8%

June 10, 2024. Azonuchechi Chukwu. The Nigerian stock market last week...

Investment Opportunities: Analyzing Potential in Key Nigerian Stocks

The Nigerian stock market has seen a mix of...

Market Recap: NGX-ASI Faces Mixed Performance Amid Sectoral Shifts

In the past week, the Nigerian stock market exhibited...

Monetary + Fiscal Policy

Naira appreciates by 0.67% in the official market

June 12, 2024. Azonuchechi Chukwu. Nigerian Naira in the official market, ...

Naira appreciates to N1,483/$1 at Official Market

June 11, 2024. Azonuchechi Chukwu. The Naira marginally appreciated against the...

Naira depreciates by 0.17% at the Official Market

June 10, 2024. Azonuchechi Chukwu. Nigerian Naira on Friday depreciated against...

Naira appreciates to N1,495/$ in black market

June 7, 2024. Azonuchechi Chukwu. Nigerian Naira on Thursday appreciated to...

Commodities

Nigeria Gold Reserve Bill Passes Second Reading in Senate

Lagos — The Nigeria Gold Reserve Bill has successfully...

Commodity Market Report: Weekly Performance and Trends

  As of June 7, 2024, the commodity markets have...

Global Commodity Prices: Mixed Movements Recorded as of 3:30 PM GMT+1, Friday, May 24, 2024

As markets closed for the week, global commodity prices...

Ivory Coast Leads with 2.2 Million Tons of Cocoa Annually, Far Outpacing Nigeria’s 340,163 Tons

**ABUJA, May 17 (Reuters)** - Once the world's leading...

Oil + Renewable

Nigeria’s Oil Output Threatened by Escalating Conflict Between Aiteo and Nembe Kingdom

Nigeria's oil production may decline as tensions escalate between Aiteo Exploration and Production Ltd and the Nembe Kingdom in Bayelsa State. The ongoing dispute threatens...

Nigeria Expands Oil Blocks for 2024 Licensing Round

Nigeria's oil and gas sector is poised for growth...

Nigeria’s Dangote Refinery Postpones Petrol Production to Mid-July

Dangote Refinery, Africa’s largest oil refinery, has rescheduled the...

NNPCL Denies Allegations of Inflated Subsidy Claims Following KPMG Audit Report

The Nigerian National Petroleum Company Limited (NNPCL) has strongly...

Companies + Finance
Companies & Markets

Nigeria’s Weak Spending and Purchasing Power Hit MultiChoice Earnings as Subscribers Drop

Foreign exchange woes in Nigeria and a drop in subscribers significantly impacted the earnings of Africa’s largest pay TV group, MultiChoice, in the financial...

Nigeria’s AG Mortgage Plc Reports 92% Surge in Profit for 2023

AG Mortgage Bank Plc has announced a remarkable 92%...

Guaranty Trust Holding Company Plc Announces Proposed Offering

NOTICE OF PROPOSED OFFERING Guaranty Trust Holding Company Plc (GTCOPLC)...

African Development Bank Appoints Chioma Onukogu as Director of Board Affairs and Proceedings

ABIDJAN, Ivory Coast, June 11, 2024 - The African...

No plan to revoke Wema, Polaris, Unity, Fidelity licences – CBN

June 11, 2024. Azonuchechi Chukwu. The Central Bank of Nigeria has...

Coronation Merchant Bank Receives Fitch Ratings Upgrade

June 11, 2024 - Coronation Merchant Bank has achieved...

Singapore-headquartered Tolaram Acquires 58.02% Stake in Guinness Nigeria

In a strategic move, Tolaram has finalized an agreement...

Fitch Revises Fidelity Bank’s Long-Term Outlook to Positive, Affirms Rating at ‘B-‘

Fitch Ratings has revised the outlook on Fidelity Bank...

Tolaram to Acquire Diageo’s 58% Stake in Guinness Nigeria, Launch Mandatory Takeover Offer

Tolaram will acquire Diageo’s 58.02 percent shareholding in Guinness...

Nigeria’s Fidelity Bank leads trading as equities gain N324b

Fidelity Bank Plc was the most active stock...

Business News

TotalEnergies distributes 600 helmets to cyclists

May 30, 2024. Azonuchechi Chukwu. TotalEnergies Marketing Nigeria Plc on Thursday...

Dangote Cement Trucks To Run On CNG by 2025

L-R: Chairman, Dangote Cement Plc, Aliko Dangote; Non-Executive Director,...

BoI extends application for RAPID fund for MSMEs to June 12

May 28, 2024. Azonuchechi Chukwu. The Bank of Industry (BOI) has...

FirstBank Partners Proparco On Climate Performance

May 28, 2024. Azonuchechi Chukwu. First Bank of Nigeria Limited, in...

Minimum Wage: Private sector committed to N57,000 – NECA

May 27, 2024. Azonuchechi Chukwu. The Nigeria Employers’ Consultative Association says...

CEO+Conversation

Green+ Environment

Politics + Govt

State of The Nation

Fire Guts Soap Factory In Anambra

June 8, 2024. Azonuchechi Chukwu. Some properties have been destroyed in...

Missing Abuja nurse found by police, admitted to hospital

June 6, 2024. Azonuchechi Chukwu. A 28-year-old nurse, Lucy Likeh, who...

Seven Persons Rescued In Niger Collapsed Mining Site

June 5, 2024. Azonuchechi Chukwu. The Federal Government has rescued seven...

Three Dies In Rivers Tanker Explosion

June 5, 2024. Azonuchechi Chukwu. No fewer than three persons have...

Security + Safety

Religion + Faith