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Economy

Latest Economy News

Osinbajo Presides over 4th Economic Sustainability Committee Meeting

Vice President Yemi Osinbajo on Thursday at the Presidential Villa, Abuja, presided

Firstbank stay ahead of COVID-19, keeps faith with customers

Amid shuttering of social activities especially commercial services, through various lockdown measures

COVID-19: OPS Seeks Exit Strategy on Current Lockdown

Nigeria’s Organised Private Sector (OPS) has called on the Federal Government to

Trading Rebound on NSE, Index up by 0.66%

Trading on the Nigerian Stock Exchange (NSE) closed upbeat on Wednesday following

Global Oil Price: NSE Market Capitalisation Loses N152bn

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday inched lower by

Nigerian Man Reacts After Receiving $2,290 From Canadian Government

A Nigerian man based in Canada has taken to Twitter to praise

FBN Holdings gross earnings hits N159.7bn in Q1 2020

FBN Holdings Plc. on Monday announced gross earnings of N159.7 billion for

Oil Glut: Global Crude Oil Prices Plunge Below $2 Per Barrel

A full oil glut has fit the international Crude Oil market as

NSE: Market Indicators Resume Week with 0.01% Loss

Activities on the Nigerian Stock Exchange (NSE) opened for the week on

Donations to COVID-19 Relief Fund Now N25.8bn- CBN

The Central Bank of Nigeria (CBN) on Friday said that monetary contributions

Nigeria Equities Market Improves Marginally by 0.07%

Trading on the Nigerian Stock Exchange (NSE) remained upbeat on Thursday with

COVID-19- FG releases N200bn to Power Sector to Improve Supply -NNPC

Mr Mele Kyari, Group Managing Director of Nigerian National Petroleum Cooperation (NNPC)

COVID-19: IMF calls for Multilateral Cooperation on Medicine, Essential Supplies

The International Monetary Fund (IMF) has called for multilateral cooperation on medicines

Electricity: GenCos Fail to Generate 3,666 Megawatts Due to Gas Shortage

Electricity Generation Companies (GenCos) comprising gas-fired and hydro stations said they could

No Fee Charged on COVID-19 Loan Application — CBN

The Central Bank of Nigeria (CBN) says the bank does not charge

COVID-19: LCCI recommends Palliatives for Banking, Aviation Sectors

The Lagos Chamber of Commerce and Industry (LCCI) has recommended palliatives for

KDIRS set to Penalise 10,000 Tax-Evading Companies in Kaduna

The Kaduna State Internal Revenue Service (KDIRS) says on Friday it is

Nigeria Making Progress in Rice Production, Processing – AfDB

The African Development Bank (AfDB) says Nigeria is making progress in rice

COVID-19: Total Shutdown Will Affect Edo Economy – Commissioner

Edo Commissioner for Health, Patrick Okundia, on Thursday, expressed worries over possible

Forensic Audit on NDDC not Targeted at Individuals, Sen Enang says

Sen. Ita Enang, Senior Special Assistant to the President on Niger Delta

‘We Are Ready To Give Two Months Free Electricity To Nigerians’- DISCOs

The Power Distribution Companies in Nigeria have agreed to give Nigerians two

NSE: Market Capitalisation rises N77bn, Amid Renewed Interest in Blue Chips

The Nigerian equities market maintined upward trend on Wednesday with the market

COVID-19: FG’s Stimulus Measures Stabilises Nation’s Economy – BMO

The Buhari Media Organisation (BMO) says the new fiscal stimulus measures by

COVID-19: Bayelsa Govt. Expresses Worries over Decline in Oil Revenue

The Bayelsa State government has expressed concern over decline in revenue from

Stock Trading in Nigeria

The traditional medium where stocks are exchanged between a stock market and

Yobe Aluminum, Flour, Feeds Factories begin Production

The Sahel Aluminium Company Ltd. , Potiskum, and Yobe Flour and Feeds

COVID-19: Customs Boss approves release of Rice, other items worth N3.2bn

The Comptroller-General of Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), has

COVID-19: SON to adopt International Standards on Essential Products

The Standard Organisation of Nigeria (SON) has assured the nation of its

World Bank releases $82m support to strengthen Nigerian public health response

The World Bank Group has released 82 million dollars for immediate support

FBN Holdings declares N73.67bn profit in 2019, reduces NPL to 9.9%

FBN Holdings Plc on Monday declared profit after tax of N73.67 billion