SEC vows to clamp down on illegal capital market operators
The Securities and Exchange Commission (SEC) on Friday vowed to clamp down on illegal capital market operators, especially operators of Ponzi Schemes. The Director-General, SEC, […]
market
Nyanya Gridlock: FCTA issues 1 week ultimatum to traders to vacate site
The Federal Capital Territory Administration (FCTA) has issued a one-week ultimatum to property owners and traders around the Nyanya interchange to vacate the site. The […]
Prince Harry Reveals Where He First Met His Wife, Meghan Markle
Duke of Sussex, Prince Harry has revealed that he first met his wife, Meghan Markle in a supermarket and they pretended not to know each […]
‘Follow Me To The Market…’ By Azu Ishiekwene
Everyone has their meal of the day, and mine happens to be dinner. Having dinner, for me, is a ritual, but one that has evolved […]
CBN injects $1.47bn into forex market in 1 month
The Central Bank of Nigeria injected $1.47bn into the foreign exchange segment of the market as part of its efforts to stabilise the naira in […]
Sell-offs Persist As Market Shed N60bn
The equities market sustained a downtrend as market capitalisation declined by N57.9 billion to settle at N20.3 trillion while year to date loss worsened to […]
Zambia Orders Dangote, Others To Sell Cement For N1, 800 In Zambia
The Zambia Board of Commissioners of the Competition and Consumer Protection Commission has revealed why it ordered Dangote Cement Group to reduce its price and […]
U.K. to open first LGBT+ retirement home as market grows
Britain’s first LGBT+ retirement home is set to open in mid-2021, the housing association behind the London riverside apartments said, highlighting a growing market of […]
Fuel Marketing Companies’ Revenue Decline By N331.54bn
Five of the major oil marketing companies in the country saw their total revenue plunge by N331.54bn last year amid the impact of the COVID-19 […]
Wailings As Midnight Fire Razes Popular Ibadan Auto Parts Market
According to a report by The Nation, the popular Araromi auto spare parts market in Agodi-Gate, Ibadan has been razed by a midnight fire. Mostly […]
Benue Exco orders hawkers off streets
Benue State Executive Council (EXCO) has ordered street hawkers around Wurukum Market to vacate their positions or risk losing their wares. The Exco also directed […]
Fire guts Katsina Central Market
Some parts of the expansive Katsina Central Market were on Monday gutted by fire. The Nation learnt the fire started around 7 am from the […]
Market Capitalisation Plunges By N8bn
Transactions on the Nigeria Stock Exchange (NSE) reversed the previous session’s gains to close on a downturn yesterday, with market capitalisation depreciating by N8 billion. […]
Naira Crashes Further Against Dollar At Parallel Market
Despite moves by the Central Bank of Nigeria (CBN) to introduce moves to attract more dollar into the country through its Naira4Dollar scheme, the country’s […]
Afreximbank okays $350m to OCP
African Export-Import Bank (Afreximbank) has signed a seven-year $350 million Term Loan Facility to provide financing to OCP Group, the world’s largest phosphate mining and […]
#FuelPriceHike: No increase in petrol depot price this month, NNPC insists
The Nigerian National Petroleum Corporation has insisted that there is no increment in the ex-depot price of Premium Motor Spirit also known as petrol this […]
Oil Price Hits $71.28 Per Barrel
A report by SaharaReporters has shown that, for the first time in 2021, oil price has risen to $71.28 per barrel in the international market. […]
Fire guts Onitsha plastics market
A plastics market by Amobi Street, Onitsha in Anambra State, was in the wee hours of Friday gutted by fire. Though no casualty was recorded, […]
Bitcoin Moves Past $51,500
Bitcoin has surged past $51,500. The flagship crypto-asset reached a one-week high despite growing concerns facing the crypto industry. On Wednesday, Bitcoin traded above $51,508.78 […]
CBN defended naira with $10.3b in six months
The Central Bank of Nigeria (CBN) defended the naira in six months with $10.3 billion intervention in the inter-bank foreign exchange market, its half-year report […]