Business

Stock market opens week bullish with N173bn gain

The stock market began the week on a positive note on Monday as investors gained N173 billion and performance indices soared by 0.25per cent. Specifically, the Nigerian Exchange Ltd. (NGX)…

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FG to deploy 7m smart meters via PMI, says Tinubu’s Aide

The Federal Government says it will deploy seven million smart meters, through its Presidential Metering Initiative, to end estimated billing and revenue leakages. Special Adviser to President Bola Tinubu on…

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Naira holds steady at N1,586.15 against Dollar

The Naira remained unchanged on Friday, closing the week at ₦1,586.15 to the Dollar at the official foreign exchange market. It traded at the same rate on Thursday, having gained…

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CBN Gov Cardoso emerges African Central Bank Governor of the Year

Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has been named Central Bank Governor of the Year at the 2025 African Banker Awards Gala, held on Wednesday, May…

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NLNG launches human capital devt programme under Train 7 Project

The NLNG has stated that it is committed to building Nigerian capacity as it launches its Train 7 Project Human Capital Development (HCD) Basic Training Supplementary Programme in Port Harcourt…

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Nigeria’s economic growth slows amid global uncertainties – AfDB

Nigeria’s economy is projected to grow at a slower pace with its real Gross Domestic Product (GDP) growth at 3.2 per cent in 2025 and 3.1 per cent in 2026.…

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Seplat Energy bags Acquisition deal award

Seplat Energy Plc has clinched the ‘Merger and Acquisition  Deal of the Year’ award at the Nairametrics Capital Market Choice Awards. This is in line with Seplat Energy’s completed  deal…

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Q1 2025 revenue hits ₦1.3trn due to Tinubu’s reforms — CG Customs

The Nigeria Customs Service (NCS) has recorded an unprecedented revenue of ₦1.3 trillion in the first quarter of 2025, more than double the ₦600 billion collected during the same period…

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Naira strengthens steadily against Dollar

The Naira, which has seen steady appreciation against the Dollar all week, closed stronger on Friday, trading at ₦1,580.44 in the official forex market. Data from the Central Bank of…

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ECOWAS Bank disbursed $2.5bn for 300 projects since inception —President

The ECOWAS Bank for Investment and Development (EBID) has disbursed more than 2.5 billion dollars supporting about 300 projects across the ECOWAS subregion since its inception in 1999. EBID President,…

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