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  • US Reopens Credit Lifeline for Nigeria Food Imports, Targeting Surge in Farm Trade
  • Nigerian Breweries Posts 26% Profit Growth Despite Headwinds from Middle East Crisis
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Economics FEATURED Latest TOP STORIES 

Global public debt nears $100trn, spurs call for urgent action

June 5, 2024 Markets Reporters 0 Comments Global debt, UNCTAD

Global public debt reached a historic peak of $97 trillion in 2023, up by $5.6 trillion from the previous year,

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Economics FEATURED Latest TOP STORIES 

[BREAKING] Tinubu agrees to increase proposed N60,000 minimum wage

June 3, 2024June 4, 2024 Markets Reporters 0 Comments Blackout in Nigeria, Labour union strike, New minimum wage

President Bola Tinubu has agreed to increase the proposed new minimum wage of N60,000 after labour unions embarked on an

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Energy FEATURED Latest TOP STORIES 

Blackout: Labour union obstructing national grid recovery, says TCN

June 3, 2024June 3, 2024 Markets Reporters 0 Comments Labour union strike, National grid

The Transmission Company of Nigeria has said the labour union is obstructing the restoration of the national grid. It said

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Energy FEATURED Latest TOP STORIES 

Nigeria faces more blackouts on national grid instability 

June 3, 2024June 3, 2024 Markets Reporters 0 Comments Blackout in Nigeria, Ikeja Electric, National grid

Blackouts have worsened in many parts of Nigeria as the national power grid suffered increased instability.  “We have received multiple

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Economics Latest TOP STORIES 

Flour Mills of Nigeria begins exports to neighbouring countries

June 2, 2024June 2, 2024 Markets Reporters 0 Comments Flour Mills exports, Flour Mills of Nigeria

Flour Mills of Nigeria, a food and agro-allied company, said it had started exporting its products to neighbouring African countries,

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FEATURED Latest Stocks TOP STORIES 

Flour Mills of Nigeria swings to pretax loss, cuts dividend

June 2, 2024June 2, 2024 Markets Reporters 0 Comments BAGCO, Flour Mills of Nigeria

Flour Mills of Nigeria, a food and agro-allied company, reported a loss before tax of N236.68 million for the year

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Energy FEATURED Latest TOP STORIES 

Nigeria says OPEC+ cuts won’t distract efforts to boost output

June 2, 2024June 2, 2024 Markets Reporters 0 Comments Heineken Lokpobiri, OPEC+

Nigeria, a member of the Organization of the Petroleum Exporting Countries (OPEC), has said the production adjustment by the group

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FEATURED Latest Money TOP STORIES 

Naira extends gain as weekly forex liquidity hits $1.82bn

June 1, 2024 Markets Reporters 0 Comments Naira against dollar, Naira gains, Nigeria forex liquidity

The naira strengthened further this week as the turnover in the official foreign exchange market rose by more than a

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FEATURED Latest Money TOP STORIES 

AIICO Insurance posts sevenfold jump in quarterly profit

June 1, 2024June 1, 2024 Markets Reporters 0 Comments AIICO Insurance

AIICO Insurance Plc has reported a profit before tax of N10.08 billion for the first three months of this year,

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Energy FEATURED Latest TOP STORIES 

Oando swings to profit as non-operating income surges

May 31, 2024 Markets Reporters 0 Comments Oando

Oando Plc, a major player in the Nigerian oil and gas sector, has returned to profitability as its other operating

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