Tuesday, June 23, 2026
Foreign reserves fall by $1.26bn in four weeks
Nigeria’s foreign reserves fell by $1.26bn from $41.76bn in October 2 to $40.5bn as of the end of October 30,...
Read moreDetailsAfrican Development Bank approves record capital boost of 125% to $208 billion
The African Development Bank’s board approved a 125% capital increase to $208 billion on Thursday, the largest in the lender’s...
Read moreDetailsInvestors gain N54bn on equities in two days
By Omobayo Azeez As MTN, Zenith, GTB lead in N6.79bn stock deals Investors have recouped a sum N54...
Read moreDetailsHadi Sirika: Arik Air not suitable for national carrier
Hadi Sirika, the minister of aviation, says the federal government has no intentions to convert Arik Air into a national...
Read moreDetailsHong Kong plunges into recession as protests, trade war take toll
Hong Kong on Thursday confirmed it had plunged into its first recession since the global financial crisis as months of...
Read moreDetailsEndure Short-term Pains for Long-term Gains, NCS Tells Nigerians
Hameed Ali, the comptroller-general of the Nigerian Customs Service (NCS), has urged Nigerians to endure short-term pains in order to...
Read moreDetailsPoS agents slam N50 charge, operators protest
Agent banking service providers are protesting the introduction of the N50 charge imposed on individual transactions above N1,000 carried out...
Read moreDetailsSummit: Saudi Arabia to invest in Nigeria’s oil, gas sector
President Muhammadu Buhari on Wednesday held talks with King Salman in Riyadh, during which both leaders committed to deeper partnership...
Read moreDetailsNNPC says data-focused ‘Operation White’ helping Nigeria with budgeting, planning
By Samson Echenim State oil company, the Nigerian National Petroleum Corporation (NNPC), says its data-focused programme tagged "Operation White" is helping...
Read moreDetailsBUA Group consolidates cement operations in Nigeria, merges subsidiaries; $450m Sokoto plant to be ready H2 2020
By Samson Echenim By Samson Echenim *Total capacity to hit 11 million mtpa One of Africa’s largest conglomerates, BUA Group, on...
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