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Latest News in Nigeria - Page 84

Geregu Power Plc Surges With 15% Gain In 2 Days, Hits N2.875trn Market Cap

Geregu Surges With 15% Gain In 2 Days, Hits N2.875trn Market Cap

Geregu Power Plc Leads Market Momentum Geregu Power Plc, one of Nigeria’s major energy players, experienced a market rally over two consecutive days, with its stock price jumping by 15%. From the start of trading on September 17, when shares traded at

September 20, 2024

https://dangote.com/our-business/oil-and-gas/

Business·FEATURES·News·Oil & Gas

NNPCL VS Dangote Refinery: Price War Or Fraud?

NNPCL and Dangote Refinery in Pricing Controversy A fresh storm is brewing in Nigeria’s energy sector as the Nigeria Labour Congress (NLC) accuses the Nigeria National Petroleum Corporation Limited (NNPCL) and Dangote Refinery of engaging in fraudulent practices regarding fuel pricing. The

September 20, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Nigeria’s Equity Market Records First Loss After Positive Streak In Short Trading Week

Nigeria’s Equity Market Declines After Early Gains Nigeria’s equity market recorded its first loss of the week on Thursday, marking a shift from a series of positive closes seen in the earlier trading sessions. The NGX All-Share Index (ASI) fell by 0.19

September 20, 2024

New Tax Reforms: Ghana Walking Into Nigeria-type Trap?

Business·News

Nigerian Government Plans Lower Corporate Income Tax Rate To Boost Business Growth

FG to Cut Corporate Income Tax Rate The Nigerian federal government is set to reduce the corporate income tax rate within the next two years, as part of efforts to improve the business environment and attract foreign investment. This was revealed by

September 20, 2024

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

Business·News

CBN Reduces Cybersecurity Levy On Electronic Transactions To 0.005%

Cybersecurity Levy Slashed by CBN The Central Bank of Nigeria (CBN) has made a significant reduction in the cybersecurity levy on electronic transactions, lowering the rate from 0.5% to 0.005%. This decision comes after months of public outcry and protests against the

September 19, 2024

Business·FEATURES·News

Nigerian Economy: A Titanic Drifting Off Course Amid Policy Missteps

The Nigerian Economy’s Guiding Light in the Constitution The Nigerian Constitution presents a vision of prosperity. According to its provisions, the government is expected to harness national resources to ensure a self-reliant and dynamic economy. It is a promise of growth, abundance,

September 19, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigeria’s Equity Market Rises By 0.56% Amid Profit-Taking In Consumer Goods, Industrial Stocks

Equity Market Sees Steady Growth Amid Mixed Stock Performance The Nigerian equities market continued its upward journey on Wednesday, driven primarily by investor interest in banking, insurance, and oil & gas stocks. The market still recorded gains despite some profit-taking in the

September 19, 2024

Business·FEATURES·News·Oil & Gas

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

The oil sector has long been Nigeria’s economic lifeblood, contributing the bulk of its foreign exchange earnings and government revenue. Yet, despite the nation’s immense crude oil reserves, the industry is riddled with corruption, mismanagement, and leadership failures. The result is a

September 18, 2024

More Than 90% Of Nigerian Youths Fear Country Is Moving In The Wrong Direction- Report

FEATURES·News

More Than 90% Of Nigerian Youths Fear Country Is Moving In Wrong Direction- Report

Nigerian Youths Losing Faith in the Nation’s Future A new report from the 2024 African Youth Survey has shed light on a growing concern among Nigerian youths about the future of their country. According to the survey, an overwhelming 94% of Nigerian

September 18, 2024

Guinness Nigeria Plc Gains NGX Approval For Block Divestment Deal Worth N103bn

Business·Markets·News

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

Guinness Gets NGX Green Light for N103 Billion Block Divestment Guinness Nigeria Plc has secured the approval of the Nigerian Exchange Limited (NGX) for a significant block divestment deal valued at N103 billion. This move involves the sale of 1.27 billion ordinary

September 18, 2024

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Latest News in Nigeria - Page 84

Geregu Surges With 15% Gain In 2 Days, Hits N2.875trn Market Cap

NNPCL VS Dangote Refinery: Price War Or Fraud?

Nigeria’s Equity Market Records First Loss After Positive Streak In Short Trading Week

Nigerian Government Plans Lower Corporate Income Tax Rate To Boost Business Growth

CBN Reduces Cybersecurity Levy On Electronic Transactions To 0.005%

Nigerian Economy: A Titanic Drifting Off Course Amid Policy Missteps

Nigeria’s Equity Market Rises By 0.56% Amid Profit-Taking In Consumer Goods, Industrial Stocks

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

More Than 90% Of Nigerian Youths Fear Country Is Moving In Wrong Direction- Report

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

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