The Federal Government says it will continue to engage and collaborate with the Nigerian Exchange Group (NGX Group) and the private sector to transform the economy and improve the welfare of Nigerians. President Muhammadu Buhari said this at the launch…
The Standards Organisation of Nigeria (SON) has promised to protect indigenous manufacturers and consumers through a more robust and effective market surveillance. Mr Olanrewaju Onipede, Coordinator of SON in Anambra gave the assurance in an interview with the Newsmen in…
Over 50 communities in Enugu State and two communities in Ebonyi have been thrown into darkness following the vandalization of the Amechi–Awgu 33KV mainline, which supplies electricity to the affected communities. Mr Emeka Ezeh, the Head, Corporate Communications of Enugu…
The Association of Capital Market Academics of Nigeria (ACMAN) said the final quarter Gross Domestic Product (GDP) development of 0.11 percent would help unfamiliar speculation and improve the nation’s credit score globally. The ACMAN president, Prof. Uche Uwaleke, said this…
Capital Market experts on Monday expressed optimism that the ban on cryptocurrencies by the Central Bank of Nigeria (CBN) would likely trigger enhanced activities in the nation’s stock market. They said this in an interview with newsmen in Lagos, while…
The Market Traders Association of Nigeria (MATAN) has appealed to the Federal Government to extend ‘Trader moni’ programme and other interventions to accomodate more petty traders. Dr Sadiq Auwalu, the National Publicity Secretary of the association, made this call in…
Malam Farouk Salim, Director-General of the Standards Organisation of Nigeria (SON), has warned gas plants and dealers against under-dispensing of oxygen and other medical gases as the nation grapples with the COVID-19 pandemic. Farouk, who gave the warning in a…
The People’s Bank of China, the central bank, says it will conduct this year’s first Central Bank Bills Swap (CBS) operation on Friday to improve the liquidity of perpetual bonds issued by commercial banks. The CBS, valued at five billion…
The safe-haven U.S. dollar fell on Thursday as risk sentiment improved after data showed that U.S. jobless claims fell in the latest week, while dire gross domestic product figures met expectations. The U.S. economy contracted at its sharpest pace since…
The Nigerian Ports Authority (NPA) said 17 ships at the Lagos ports were discharging general cargo, bulk wheat, petrol, frozen fish, container bulk sugar, automobile gasoline and base oil. It said it was expecting 24 others laden with petroleum products,…
