Kaduna Free CNG Buses Save Commuters N3.5bn in One Year
Kaduna State's free Compressed Natural Gas mass transit scheme has saved commuters more than N3.5 billion in transport costs, with over 3.2 million...
Nigeria Joins Africa’s Fastest Growing Solar Markets as Demand for Alternative Power Surges
Nigeria has emerged as one of Africa's fastest growing solar markets, according to a new BloombergNEF report.
Rising electricity costs and unreliable grid...
Germany Pledges More Investment in Nigeria as Trade Volume Rises by 10%
Germany says it will increase investment in Nigeria as trade between the two countries grows by 10 per cent.
Nigeria remains Germany's second-largest...
Nigeria Tops $52 Billion in Foreign Reserves as Oil Revenues, Capital Inflows Strengthen Economy
• Nigeria's external reserves have exceeded $52 billion, reaching their highest level in more than 17 years and surpassing the Central Bank of Nigeria's...
CBN Targets Stronger Lending, $1bn Monthly Diaspora Inflows to Boost Economy
The Central Bank of Nigeria has directed banks to channel the gains from recapitalisation into financing productive sectors of the economy.
CBN Governor...
Nigerian Stock Market Sheds ₦801bn As Nestlé, BUA Foods Sell-Off Overshadows Consumer Stocks Rally
Investors lost about ₦801 billion as profit-taking in heavyweight consumer stocks dragged the NGX lower despite a positive market breadth.
Cadbury and Unilever...
First HoldCo Tops N5tn Market Value After Strong H1 Earnings
First HoldCo's market capitalisation climbed above N5 trillion during Wednesday's intraday trading after investors responded positively to the group's impressive half-year financial performance.
...
Nigeria’s External Reserves Exceed $52bn, Beating CBN’s 2026 Forecast
Nigeria's external reserves rose to $52.02bn on July 20, marking their highest level since January 2009 and exceeding the Central Bank of Nigeria's...
5 Big Market Stories You Need to Know This Week
CBN Holds at 26.5%, rates remain unchanged as food inflation hits 17.52%.
Banking index jumps 9.30%, led by First HoldCo’s 38.7% surge.
BUA...
How to Apply for FG’s Loan for Laptops, Smartphones, Others
The Federal Government launched the C.L.I.C.K.D. programme (Credit for Laptops, Internet, Connectivity and Knowledge Digital Devices Programme) to give Nigerians credit-based access to...