Business Scene
Nigeria’s manufacturing confidence index rose to 50.7 in Q4 2024 – MAN
The Manufacturers’ Chief Executive Officers’ Confidence Index (MCCI) for the fourth quarter of 2024 increased to 50.7 points in Q4...
Investors lose N72.51 billion on NGX
Trading on the Nigerian Exchange Ltd. (NGX) closed negatively, with investors losing N72.51 billion on Monday. The market capitalisation, which...
AEDC assures full restoration of power supply to Abuja
The Abuja Electricity Distribution Company (AEDC) has assured its customers in the Federal Capital Territory (FCT) that they will begin...
Diversification will help economy grow – Edun
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says Nigeria needs to diversify its economy into non-oil...
CBN announces MPC meeting in four local languages
The Central Bank of Nigeria (CBN) has announced its 299th Monetary Policy Committee (MPC) meeting using four indigenous languages –...
Nigeria’s capital inflow dropped to $1.63 billion in November 2024 – CBN
The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s capital inflow dropped to $1.63 billion in November 2024. This...
Oil theft has dropped to 5,000 Bpd – NUPRC
Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has disclosed that oil theft in the country...
CBN says personal loans by Nigerians rose to N3.3 trillion in November 2024
The latest monthly report by the Central Bank of Nigeria (CBN) has shown that Nigeria’s personal loan portfolio rose by...
FG aborts plan to merge NCAA, NAMA
President Bola Tinubu has cancelled the proposed merger of the Nigeria Civil Aviation Authority (NCAA) and the Nigerian Airspace Management...
Implementation of CBN forex policy has strengthened naira to N1,545/$1– ABCON
The Association of Bureau De Change Operators of Nigeria (ABCON) has said the implementation of the Central Bank of Nigeria...