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Cooking Gas Prices Surge by 114% in 16 Months
The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has seen a significant increase of 114% in...
Read moreAll-Share Index Falls 0.21% as Trading Volume Declines
The Nigerian stock market ended Thursday’s trading session in the red, with the All-Share Index (ASI) dipping by 0.21%, losing...
Read moreAll-Share Index Drops by 249.40 Points, Closing Wednesday’s Session in Decline
On October 16, 2024, the All-Share Index (ASI) saw a significant downturn, losing 249.40 points to settle at 98,291.53, marking...
Read moreNNPCL Pledges 8 Million Barrels Monthly to Service $8.8 Billion Crude-for-Loan Debt
The Nigerian National Petroleum Company Limited (NNPCL) has committed 272,500 barrels of crude oil per day, amounting to 8.17 million...
Read moreNigeria’s Import Bill for Used Vehicles Drops by 83% in H1 2024
Nigeria’s expenditure on importing used vehicles, commonly known as *tokunbo* cars, significantly declined by 83% year-on-year in the first half...
Read moreNGX Reports N3.48 Trillion in Transactions for the First Eight Months of 2024
The Nigerian Exchange Limited (NGX) has reported total transactions amounting to N3.48 trillion between January and August 2024. According to...
Read moreStock Market Sustains Bullish Trend as CBN’s MPR Meeting Holds Today
The Nigerian stock market continues to maintain its bullish trend as anticipation builds around the Central Bank of Nigeria's (CBN)...
Read moreFG Offers N150bn Bonds for September 2024 Auction
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced the offering of three bonds totaling N150...
Read moreNigeria’s First Foreign-Currency Domestic Bond Garners $900 Million in Subscriptions
Nigeria’s groundbreaking issuance of its first-ever foreign-currency domestic bond has achieved significant success, attracting a substantial $900 million in subscriptions....
Read moreGold Steady Above $2,500 as U.S. Inflation Data Awaits
Gold prices maintained their strength above the $2,500 mark on Tuesday, as investors braced for upcoming U.S. inflation data, which...
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China Lowers Benchmark Lending Rates by 25 Basis Points to Boost Economy
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FG Proposes Tax Exemptions on Sanitary Products and Baby Items in New Bill
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FG Proposes 5% Excise Duty on Telecom, Gaming, and Betting Services
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Cooking Gas Prices Surge by 114% in 16 Months
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CBN increases Fines and Penalties for Non-Compliance of Customer Due Diligence Regulation.