Economy

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Iran-US-Israel war: Nationwide petrol price hike to hit Nigerians

Nigerian petroleum marketers and retailers say the retail price of Premium Motor Spirit will go up from today, Tuesday and…

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Sit-at-home: Soludo reopens Nkwo Nnewi motorcycle spare parts market

Traders at the New Motorcycle Spare Parts Market, otherwise known as Nkwo Nnewi, on Monday complied with Gov. Chukwuma Soludo’s…

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Tinubu directs ICRC on strict PPP framework for national gas centre

President Bola Tinubu has directed the Infrastructure Concession Regulatory Commission (ICRC) to ensure strict Public-Private Partnership (PPP) compliance in implementing…

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Equities market sheds N74bn

The Nigerian equities market continued on a negative position on Wednesday as investors lost N74 billion amid sustained sell pressure…

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Ex-CBN director hails MPC for cutting interest rate

Dr Titus Okunrounmu, former Director, Research Department, Central Bank of Nigeria (CBN), has lauded the Monetary Policy Committee (MPC) for…

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Equities rally as industrial, insurance stocks drive N1.2trn surge

The Nigerian equities market sustained its positive trend on Friday, closing with N1.2 trillion gain in market value due to…

Greenback To Naira Commerce Rate For This day 14 September 2023

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Naira Closes In The Red At ₦1,341.35/$

The heightened demand tilted the market toward the bid side, exerting upward pressure on rates. As a result, benchmark rates…

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Budget Implementation: Senate Queries Economic Team, Mulls Cut To ₦58.7tn 2026 Estimate

During a tense budget defence session before the Senate Committee on Appropriations, several lawmakers expressed concern over widespread complaints of…