Nigeria’s GDP Rebasing; A Detailed analysis.
Nigeria last conducted a rebasing of its GDP in April 2014, when it changed the base year from 1990 to...
Naira Surges to Seven Month High in January 2025
Nigeria’s foreign exchange market witnessed a significant appreciation in its local currency this January, with the naira gaining N63.72 against...
U.S. President Trump Threatens Funding Cut to South Africa Over Contested Land Reform
U.S. President Donald Trump announced his intention to halt all future funding to South Africa, claiming that the country is...
Dangote Refinery Reduces Ex-Depot Price of Petrol to N890
Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS) commonly known as...
FBN Holdings Plc Delivers Outstanding 2024 Financial Performance, Profit Before Tax Soars by 142%
FBN Holdings Plc has reinforced its standing as a premier financial institution in Nigeria by delivering exceptional financial results for...
Nigeria Unveils $23.2 Billion National Energy Compact to Accelerate Energy Transition
The Federal Government of Nigeria has announced the National Energy Compact (NEC), a $23.2 billion initiative. Spearheaded by the Minister...
ICAN Presents Accountability Index to World Bank, Seeks Global Adoption
The Institute of Chartered Accountants of Nigeria (ICAN) has presented its Accountability Index (ICAN-AI) to the World Bank Group, seeking...
CBN Governor Assures Naira’s Stabilization Amid Economic Reforms
The Central Bank of Nigeria (CBN) has expressed optimism about the stabilization of the naira, attributing it to enhanced investor...
FCMB Group Achieves N117.2 Billion Pre-Tax Profit Amid Robust Financial Growth in 2024
FCMB Group Plc has reported a pre-tax profit of N117.2 billion for the fiscal year ending December 31, 2024, marking...
Stock market update
The Nigerian Exchange (NGX) All-Share Index (ASI) maintained its positive trend, closing at 104,744.43 points, reflecting a 0.19% increase from...
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