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The Securities and Exchange Commission (SEC) is set to hold its 2023 third quarter Capital Market Committee (CMC) meeting on Thursday. The CMC is an industry-wide committee comprising the SEC,…

Nigeria's headline inflation rate for October 2023 has increased to 27.33 percent. The National Bureau of Statistics NBS  explained that the figure is 0.9 percent  short of the 28.2 percent recorded 18 years ago, in August 2005. In a…

The World Bank has released $299.99 million to Nigeria from the approved $800 million allocated for the National Social Safety Net Program-Scale Up. The financial institution disclosed that, with roughly 37.5% of the entire loan…

The Securities and Exchange Commission (SEC) has unveiled plans to create a new e-dividend portal that would help simplify the process of mandating accounts in the capital market. Besides, the commission also explained that processes put…

Emirates moved closer on Wednesday towards a potential agreement to buy dozens of Airbus (AIR.PA) A350-1000 jets. This comes after narrowing differences over performance and guarantees in talks with engine maker Rolls-Royce (RR.L),…

UK inflation has fallen more than expected in October 2023, data showed on Wednesday, easing a cost-of-living crisis and relieving pressure on Prime Minister Rishi Sunak. The Consumer Prices Index hit a two-year…

The Nigerian National Petroleum Company Limited has said the $2.8bn Ajaokuta–Kaduna–Kano gas pipeline project being constructed by Oilserve Limited will be inaugurated next month. The Executive Vice President, Upstream, NNPC Limited,…

The Nigerian Exchange Limited, NGX began this week's trading activities on a negative note with the benchmark index declining by 0.33%. The market capitalisation shed ₦130bn to close at ₦38,795trn from ₦38,925trn. While the…

After years of accelerating growth, Europe's electric car sales appear to be entering a go-slow zone as drivers wait for better, cheaper models that are two to three years down the road. Fully-electric sales in Europe were up 47% in the…

The House of Representatives Committee on Finance has given a 24-hour ultimatum to the Industrial Training Fund ITF, to account for the sum of over three billion naira difference recorded in their accrued budget actuals as at December 31,…