Equity market sheds N748 on first trading day
The domestic equity market on Monday opened on a negative note declining by N748 billion. Market capitalisation of listed equities...
Month: August 2024
Tinubu approves NNPC request to use 2023 dividend for petrol subsidy payment
President Bola Tinubu has approved the request by Nigerian National Petroleum Corporation (NNPC) Limited to utilize the 2023 dividend meant...
NNPC Ltd posts N3.3trn net profit, declares N2.1trn dividend in 2024
…Targets 2mbpd crude oil production by Dec 2024 Omeiza Bilal The NNPC Limited has released its 2023 Audited Financial Statement (AFS),...
2024: Union Bank reports 20% growth in H1 PBT
Union Bank of Nigeria has reported a profit before tax of N79.8 billion at the end first half of 2024...
PPP: New ICRC DG, Ewalefoh vows to accelerate infrastructure development
Benjamin Orisemeke The Director General of the Infrastructure Concession Regulatory Commission (ICRC), Dr Jobson Oseodion Ewalefoh, has vowed to streamline...
DBN commences 2024 entrepreneurship training programme for MSMEs
Omeiza Bilal The Development Bank of Nigeria (DBN) has released the eligibility criteria for the commencement of the 2024 edition...
NiMet forecasts 3-day thunderstorms, rains from Monday
The Nigerian Meteorological Agency (NiMet) has predicted thundery and rainy weather conditions from Monday to Wednesday across the country. NiMet’s...
PPP: A sure way out of NPTF funding challenges – Perm Sec
Omeiza Bilal The Permanent Secretary in the Ministry of Police Affairs (MPA), Mr. James Sule says private-public collaboration will help...
Innovative financing and policy support: Accelerating renewable energy development in Africa
Ana Hajduka Africa's renewable energy potential is undeniable, but it remains largely untapped. The problem is that the financing landscape...
How will the domestic dollar bond impact the Nigerian economy?
Context According to news reports, the Federal Government is set to issue dollar-denominated bonds in the domestic market and hopes...
