Latest news on business in Nigeria – Page 15 of 28

NIN-SIM Linkage: Poor Sensitisation, System Hitches Blamed For 72.8m Unlinked Subscribers

Telecom Companies Threaten To Withdraw USSD Services Over Lingering N120bn Debt

Telecommunication companies in Nigeria have issued fresh threats to withdraw Unstructured Supplementary Service Data (USSD) services, adding another layer of controversy to the ongoing dispute over N120 billion owed to them by

Emmanuel Ochayi

1 year ago

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

Business·Markets

Nigerian Equities Market Surges with N409bn Gains In One Week

In a week marked by positive price movements in the industrial goods sector, the Nigerian Exchange Limited witnessed a surge in market capitalization, resulting in a substantial N409 billion gain for equities

Emmanuel Ochayi

1 year ago

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

CPPE CEO Calls For Nigerian Govt’s Intervention As Inflation Hits 26.7% In September

Economic exerts have reacted to the upward spiral of the Nigerian inflation rate, calling for critical government intervention measures to save the situation. In a report released on Monday, by the National

Emmanuel Ochayi

1 year ago

Nigeria's Inflation Rate Increases To 26.72%, AS Food Prices Soars

Business·Finance & Economy

NBS Releases Latest Data On Food Prices As Nigeria’s Inflation Hits 26.72%

The National Bureau of Statistics (NBS) on Monday disclosed that Nigeria’s annual inflation rate rose to 26.72 per cent in September from 25.80 per cent in the previous month, even as the

Victor Ezejaand

Admin

1 year ago

Customs Exchange Rate For Import Duty Rises By 2.04% In 4 Days

Business·Latest News

‘It’s More Burden On Nigerians’ – Importers Bemoan 200% Spike In Customs Duty

Nigerian importers have decried the soaring costs of getting goods and commodities cleared from the country’s ports, pointing out that import duty has surged by over 200 per cent compared to previous

Victor Ezejaand

Admin

1 year ago

Business

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Nigeria has catapulted itself to a global investment powerhouse by securing the third-highest returns worldwide. The latest data from The Nation’s Market Intelligence shows a renewed surge in Nigerian equities, thanks to

Victor Ezeja

1 year ago

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Business·Oil & Gas

Nigeria’s NNPC Ends Crude Swap For Cash

The Nigerian National Petroleum Company Limited (NNPCL) has ended the crude oil swap deal and adopted cash tenders for fuel procurement. The move, as reported by Reuters, signifies a departure from a

Emmanuel Ochayi

1 year ago

Business·Oil & Gas

Nigeria’s September Oil Production Hits 1.5 Million Barrels, Bolsters OPEC Output

Nigeria, a vital member of the Organization of Petroleum Exporting Countries (OPEC), recorded a surge in crude oil production in September 2023.

Emmanuel Ochayi

1 year ago

Business

SEC Urges Private Sector To Spearhead Infrastructure Financing In West Africa

Mr. Lamido Yuguda, the Director General of the Securities and Exchange Commission (SEC), has implored the private sector to take the lead in sourcing long-term financing from the capital market to address

Emmanuel Ochayi

1 year ago

Business·Currency

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

Nine years after the Central Bank of Nigeria (CBN) under its former Governor, Godwin Emefiele, placed restriction on access to the official foreign exchange (forex) market for the importation of some

Victor Ezejaand

Admin

1 year ago

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Latest news on business in Nigeria - Page 15

Telecom Companies Threaten To Withdraw USSD Services Over Lingering N120bn Debt

Nigerian Equities Market Surges with N409bn Gains In One Week

CPPE CEO Calls For Nigerian Govt’s Intervention As Inflation Hits 26.7% In September

NBS Releases Latest Data On Food Prices As Nigeria’s Inflation Hits 26.72%

‘It’s More Burden On Nigerians’ – Importers Bemoan 200% Spike In Customs Duty

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Nigeria’s NNPC Ends Crude Swap For Cash

Nigeria’s September Oil Production Hits 1.5 Million Barrels, Bolsters OPEC Output

SEC Urges Private Sector To Spearhead Infrastructure Financing In West Africa

CBN Finally Lifts Forex Restrictions On 43 Items Banned By Emefiele [FULL LIST]

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