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Author: Markets Reporters

Energy FEATURED Latest TOP STORIES 

NNPC’s most valuable subsidiary grows profit by 125% to N2.83tn

October 15, 2020October 15, 2020 Markets Reporters 0 Comments Mele Kyari, NAPIMS, NNPC

The National Petroleum Investment Management Services, a subsidiary of the Nigerian National Petroleum Corporation, more than doubled its profit to

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FEATURED Latest Technology TOP STORIES 

US firm, Stripe, buys Nigeria’s five-year-old Paystack

October 15, 2020October 15, 2020 Markets Reporters 0 Comments Stripe

Stripe, a United States technology firm, said on Thursday that it had entered into an agreement to acquire Paystack, a

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Energy FEATURED Latest TOP STORIES 

COVID-19: More Nigerians, others will lack access to electricity, says IEA

October 13, 2020October 13, 2020 Markets Reporters 0 Comments Access to electricity, COVID-19, Sub-Saharan Africa

The International Energy Agency said on Tuesday that the COVID-19 pandemic had reversed several years of declines in the number

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FEATURED Latest Technology TOP STORIES 

Nigeria aims to become Africa’s digital economy capital by 2023

October 12, 2020October 12, 2020 Markets Reporters 0 Comments Digital economy, Isa Pantami, NCC

Nigeria is working hard to become the digital economy capital of Africa by 2023, the Minister of Communications and Digital

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Economics FEATURED Latest TOP STORIES 

Nigeria, SSA peers received $39bn long-term debt inflows in 2019 – World Bank

October 12, 2020October 12, 2020 Markets Reporters 0 Comments Long-term debt inflows, Sub-Saharan Africa, World Bank

Countries in Sub-Saharan Africa accounted for the largest share (24 per cent) of $162 billion net long-term inflows to low-

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Energy FEATURED Latest TOP STORIES 

‘We’re coming after you’ – Port Harcourt Disco warns energy thieves

October 12, 2020October 12, 2020 Markets Reporters 0 Comments Energy thieves, Henry Ajagbawa, Port Harcout Disco

Port Harcourt Electricity Distribution Plc, one of the power distributors in Nigeria, has said it will “name and shame” anyone

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Energy FEATURED Latest TOP STORIES 

FG introduces another metering scheme as MAP disappoints

October 12, 2020October 12, 2020 Markets Reporters 0 Comments Federal Government, Metering scheme, NERC, Sale Mamman

The Federal Government has said it is set to introduce another metering scheme in the Nigerian power sector, the second

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Economics FEATURED Latest TOP STORIES 

Nigeria’s fashion industry rakes in N2tn yearly, says FG

October 12, 2020October 12, 2020 Markets Reporters 0 Comments Lai Mohammed, Nigerian fashion industry

Nigeria’s fashion industry generates annual revenue of around N2 trillion and employs over 30,000 practitioners, the Minister of Information and

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Economics FEATURED Latest TOP STORIES 

LCCI laments challenges facing businesses at Nigerian ports

October 11, 2020October 11, 2020 Markets Reporters 0 Comments LCCI, Nigerian ports

The Lagos Chamber of Commerce and Industry has said Customs processes and procedures for the clearance of cargo at Nigerian

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Economics FEATURED Latest TOP STORIES 

Nigeria becoming economic basket case, says ex-President Obasanjo

October 11, 2020October 11, 2020 Markets Reporters 0 Comments Economic basket case, Nigeria, Olusegun Obasanjo

A former President, Chief Olusegun Obasanjo, has said Nigeria is becoming an economic basket case. The country has seen its

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