Geregu Power posts higher quarterly profit of N8.25bn
Geregu Power Plc has reported a 19 percent increase in its profit before tax for the second quarter of this
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Nigeria’s external reserves surpass one-year high
The external reserves of Nigeria have hit the highest point in more than a year, rising by about $3 billion
Read moreNigeria is on path to debt trap, Rewane warns
Nigeria, Africa’s third-biggest economy, is on the path to debt trap, Bismarck Rewane, chief executive officer of Lagos-based Financial Derivatives
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Eko Disco’s staff gets 20% pay raise amid cost-of-living crisis
Eko Electricity Distribution Company (EKEDC) announced on Monday that its Board of Directors has approved a 20% Cost of Living
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Access Holdings’ N351bn rights issue opens for subscription
Access Holdings Plc, the parent company of the country’s largest bank by assets, has announced the commencement of its N351bn
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Access Holdings gets SEC’s nod for N351bn rights issue
Access Holdings Plc says it has received approval from the Securities and Exchange Commission (SEC) for the commencement of its
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Naira falls further as weekly forex liquidity drops 23%
The naira weakened against the dollar this week as the turnover in the foreign exchange market declined by 22.99 percent.
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Nigeria suffers another power grid collapse
The national grid collapsed today for the second time in three months, plunging parts of the country into total darkness.
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Senate probes dirty fuel imports into Nigeria
The Senate constituted on Wednesday an ad-hoc committee to investigate the continued importation of hazardous petroleum products and dumping of
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Over 700,000 people of Nigerian descent live in US, says envoy
More than 700,000 people of Nigerian descent live in the United States, the largest of any African country, an envoy
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