Business & Economy

The equity market continues its upward momentum, registering a significant gain of N329 billion

The Nigerian stock exchange continued its positive trading trend, marking a second consecutive day of gains, with an impressive N329bn increase. The All-Share Index and...

Kaduna DisCo raises employee wages despite grappling with a N110 billion debt

The Kaduna Electricity Distribution Company has declared a 10% salary hike for its employees, despite grappling with a N110bn debt and other challenges. The Nigerian...

Nigerians will have a say in shaping the future of state police and the parliamentary system, according to the National Assembly

The Senate has emphasized that Nigerians, through their representatives, will decide on the adoption of state and local policing and the type of government...

Banks offload $3.3 billion amid the Central Bank’s efforts to counter a renewed decline in the naira

The naira experienced a renewed decline in both the official and parallel foreign exchange markets on Friday. The national currency depreciated to N1,670/$ from the...

The Nigerian government plans to raise N2.5 trillion through bond issuance, according to the Debt Management Office (DMO)

The Nigerian Federal Government aims to generate N2.5 trillion in its upcoming FGN bonds auction, as outlined in a circular from the Debt Management...

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