The Nigeria Deposit Insurance Corporation (NDIC) has announced a significant increase in the maximum deposit insurance coverage for depositors of all licenced deposit-taking financial institutions. This…
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As Nigeria grapples with an unprecedented economic challenge, the specter of inflation looms large, casting long shadows over its economic landscape and the daily lives of…
Chairman of Dangote Industries Limited, Aliko Dangote has said that the devaluation of the Naira created the biggest mess for the company in 2023. Speaking on…
Reports say that on Tuesday, the Nigerian Government announced its intention to grant Dangote Refinery a fully valid operating license. This announcement was made during the Stakeholders’ Consultation Forum on…
Reports say the Naira appreciated by 2.02% against the Dollar at the official market on Tuesday. The Nigerian currency has been in free fall on both official and unofficial foreign…
The National Agency for Food and Drug Administration and Control, NAFDAC has shut down 50 locations in Kaduna State for selling edible oil in unsanitary conditions.…
Residents in Sokoto State have continued to deplore the immeasurable suffering they have had as a result of the gasoline scarcity that has made doing business…
The Federal Competition and Consumer Protection Commission (FCCPC) has stated that recent pricing rises in MultiChoice cable subscriptions will be evaluated by relevant stakeholders to ensure…
There are indications that PZ Cussons may consider exiting Africa following a significant decline in sales, particularly in Nigeria. Bloomberg reports that the company is reevaluating…
The Nigerian stock market has had a tough run since the start of April 2024 with the All-Share Index (ASI) declining by 6.16% and the market capitalisation falling by N3.63 trillion. The…