Business

Nigeria’s inflation rate rises to 34.6%

The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate increased to 34.6 per cent in November 2024.…

3 weeks ago

FG, States, LGs share N1.727trn November revenue

The Federation Accounts Allocation Committee (FAAC) has shared N1.727 trillion as November 2024 Federation Accounts Revenue to the Federal Government,…

3 weeks ago

FG issues N1.1trn Sukuk bonds for road projects

The Federal Government has issued six Sovereign Sukuk worth N1.1 trillion ($657.6 million) to finance 124 federal road projects in…

3 weeks ago

Access Bank to acquire 100% stake in South Africa’s Bidvest Bank

Access Bank has signed an agreement with South Africa-based Bidvest Group Limited for the acquisition of a 100 per cent…

4 weeks ago

Stock market continues bullish trend as investors gain N183bn

The Nigerian stock market continued its bullish trend on Wednesday, December 11, 2024, with investors gaining N183 billion. The Nigerian…

4 weeks ago

MTN, Oando, others raise stock market by N60bn

The stock market rebounded from its previous trading session’s loss, adding N60 billion as investors renewed interest in MTN Nigeria,…

4 weeks ago

Stock market records N62bn loss

The Nigerian stock market commenced the week on a bearish note, reversing prior session gains with a loss of N62…

4 weeks ago

World Bank announces record $100bn support for poorest countries

The World Bank announced it has raised close to $24 billion to provide loans and grants for some of the…

1 month ago

Investors lose N36bn at stock market

The Nigerian Stock market closed on a negative note as the market capitalisation dropped by N36 billion or 0.06 per…

1 month ago

AMCON: Our intervention pushed Aero Contractors back to profitability

Asset Management Corporation of Nigeria (AMCON) says its intervention pushed back Aero Contractors to profitability following its takeover of the…

1 month ago

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