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PwC Nigeria admits three new partners   

July 1, 2024July 1, 2024 Markets Reporters 0 Comments PwC Nigeria, Sam Abu

PwC Nigeria has announced the admission of three new partners effective 1 July 2024. They are Marilyn Obaisa-Osula (Consulting and

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FEATURED Latest Technology TOP STORIES 

Nigeria’s telcos lose 6.8 million active voice subscribers in Q1

July 1, 2024July 1, 2024 Markets Reporters 0 Comments active internet subscribers, active voice subscribers, Telcos in Nigeria

Telecommunications companies in Nigeria lost about 6.86 million active voice subscribers in the first three months of the year, compared

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Economics FEATURED Latest TOP STORIES 

Rail freight gains steam as NRC’s Q1 revenue jumps 235%

July 1, 2024July 1, 2024 Markets Reporters 0 Comments Nigeria Railway Corporation, Rail freight in Nigeria

The Nigeria Railway Corporation saw its revenue from cargo transportation surge more than threefold to N607.32 million in the first

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Economics FEATURED Latest TOP STORIES 

Soaring prices push Nigeria’s PMI to lowest in seven months

July 1, 2024 Markets Reporters 0 Comments Muyiwa Oni, Nigeria PMI, Stanbic IBTC PMI

Business activity in Nigeria fell in June to the lowest level in seven months as companies jacked up their prices

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Economics FEATURED Latest TOP STORIES 

Foreign investment flows to Nigeria triple in Q1

July 1, 2024July 1, 2024 Markets Reporters 0 Comments Foreign investment, Nigeria capital importation

Foreign capital imported into Nigeria tripled in the first three months of this year compared to the last quarter of

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FEATURED Latest Thinkpiece TOP STORIES 

Exodus of multinationals from Nigeria is a worrying trend: CIoD

June 25, 2024June 25, 2024 Markets Reporters 0 Comments CIoD Nigeria, Forex crisis in Nigeria, Multinationals exit Nigeria

By Bamidele Alimi Introduction Over the past decade, Nigeria has seen a significant exodus of multinational companies (MNC). These exits have raised

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Energy FEATURED Latest TOP STORIES 

Dangote’s dirty fuel import allegation inaccurate, say depot owners

June 24, 2024 Markets Reporters 0 Comments

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has refuted the allegation by Dangote Industries Limited that the

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Energy FEATURED Latest TOP STORIES 

TotalEnergies, NNPC sanction new project for gas supply to NLNG

June 20, 2024June 20, 2024 Markets Reporters 0 Comments NLNG Train 7, NNPC, TotalEnergies, Ubeta gas field

TotalEnergies and the Nigerian National Petroleum Company Ltd have taken the final investment decision for the development of the Ubeta

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Economics FEATURED Latest TOP STORIES 

Annual FDI flows to Africa extend decline to $53bn

June 20, 2024June 20, 2024 Markets Reporters 0 Comments FDI flows, Foreign direct investment, UNCTAD

Foreign direct investment (FDI) flows to Africa fell by 3% to $53 billion in 2023, the latest World Investment Report released

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation nears 34% despite fall in monthly food price growth

June 15, 2024June 17, 2024 Markets Reporters 0 Comments Food insecurity in Nigeria, Inflation in Nigeria

Nigeria saw its inflation rate rise to 33.95 percent in May from 33.69 percent in the previous month, new data

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