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Latest report released by the National Bureau of Statistics (NBS) shows that Nigeria's inflation rate dropped by 0.37 percent points to 17.01 percent in August  2021. According to the report, the consumer price index (CPI),…

The Courier and Logistics Regulatory Department (CLRD) of the Nigerian Postal Service, (NIPOST), has clamped down on illegal Logistics Operators in Abuja, the Federal Capital Territory (FCT). The enforcement was carried out by…

The gains recorded on the equities market of the Nigerian Exchange (NGX) on Tuesday were sustained on Wednesday as trading closed bullish with the all-share index rising by 0.12% to close at 38,968.34 points, being 47.84 points higher than…

Equities transactions on the Nigerian Exchange (NGX) closed positive on Tuesday with the All -Share Index inching up by 0.01% or 4.88 points to close at 38,920.50 as against 38,915.62 points recorded on Monday. Similarly, the…

Brent crude futures rose by 0.63% to a more than 6-week high of $73.9 a barrel on Tuesday, gaining for the second day, amid concerns about tight supply in the US during hurricane season, with onshore oil refiners reportedly beginning to…

The President of the African Development Bank Group (AfDB), Dr. Akinwumi A. Adesina, has received the "Leadership Person of the Year" award from the Leadership Newspaper Group in Nigeria. The award was given “in recognition of…

The Nigerian Exchange (NGX) equities market closed in the red with market capitalization shedding N3 billion on the first trading day of the week, reversing the gains recorded at the close of trading last week. The market…

The Central Bank of Nigeria (CBN) has refuted purported claims that the apex bank has plans to convert domiciliary account holdings into Naira. In a circular signed and issued by the CBN’s Director for Corporate Communications,…

The Nigerian equities market closed bearish for the fifth consecutive day as more blue-chip stocks depreciated in price. At the end of the day's trading, the market capitalization of listed equities declined by 0.71% to close…

The British High Commissioner to Nigeria, Ms Catriona Laing, has visited the Governor of Nasarawa State, His Excellency, Abdullahi Sule,  for high-level discussions with the State governor, key stakeholders in the State government, civil…