Nigeria wants to corner 20 per cent of the $90 billion in financing available for deepwater projects around the world in an ambitious move to boost its oil and gas sector. This was disclosed by the ...
One of the top cement makers in Nigeria, Dangote Cement Plc, may again approach the capital market to source fresh funds, a notice from the company disclosed. In the disclosure filed to the Nigerian ...
There are strong indications that Jendol Superstores, founded by Mr Mark Akhabue, may soon open an outlet in the Ifo area of Ogun State. Business Post gathered that barring all unforeseen ...
The National Bureau of Statistics (NBS) on Friday said inflation in Nigeria increased by 1.18 per cent in October 2024 to 33.88 per cent from 32.70 per cent in September 2024. The agency disclosed ...
Some housing units allotted to beneficiaries by the Lagos State government but have been unoccupied for over two years have been revoked. According to the Commissioner for Housing in the state, Mr ...
It was a bad day for the Nigerian Exchange (NGX) Limited on Thursday as it depreciated by 0.25 per cent at the close of business due to profit-taking. The decline suffered by the bourse happened ...
Nigeria will be seeking to borrow $2.2 billion from external bodies, including a potential Eurobond and Sukuk bond offer, this year. The Minister of Finance and Coordinating Minister of the Economy, ...
Nigeria’s Securities and Exchange Commission (SEC) has said that the Investments and Securities Bill (ISB) 2024 is proposing a penalty of N20 million or a 10-year jail term or both for Ponzi scheme ...
The NASD Over-the-Counter (OTC) Securities Exchange was pulled down by 0.28 per cent on Thursday, November 14 by four securities admitted to the trading platform. Yesterday, the market capitalisation ...
Subscription for the N239.4 billion rights issue of United Bank for Africa (UBA) Plc is commencing today, Friday, November 15, 2024. The bank is offering to its shareholders one new share for five ...
Subsidy Removal: Poor Approach Worsening Shocks in Nigeria, a Comparative Study of Nigeria and India
The removal of fuel subsidies has been a recurring policy issue for many countries, including Nigeria and India. While both nations face similar challenges in the petroleum sector, their approaches to ...
The Supreme Court has dismissed the suit instituted by 16 states of the federation against the Attorney-General of the Federation, challenging the constitutionality of the Acts establishing three anti ...
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