Markets
NFEM Records Impressive $12.98bn Turnover amid Robust Trading Activity
Nigeria's foreign exchange market sees significant activity in September, with a total turnover of $12.98 billion reported.
Business
Markets
Stock Market Drops by N813bn on Profit-taking in BUA Foods
The Nigerian stock market took a hit last week, with losses totaling N813 billion. The drop was largely due to profit-taking in shares of BUA Foods Plc, MTN…
Economy
Dangote Emphasizes Domestic Production for Economic Resilience
Nigerian business magnate, Aliko Dangote, has advocated for increased domestic production as a key strategy for economic resilience.
NITDA Warns Against Sharing Sensitive Data with ChatGPT and Gemini
The National Information Technology Development Agency (NITDA) has issued a warning to Nigerians about the potential risks of sharing sensitive data with AI models like ChatGPT and digital…
Nigerian Ports Authority (NPA) Aims to Streamline Exports and Boost Foreign Exchange Inflow
The Nigerian Ports Authority (NPA) is taking steps to address export bottlenecks and increase foreign exchange inflows, according to multiple reports.
Economy
Petroleum Marketers Back Nigerian Government’s Push for Increased Gas Supply to Industries
The Petroleum Marketing Association of Nigeria has thrown its support behind the federal government's plan to channel more natural gas to the industrial sector, according to reports.
North-east Governors Launch Regional Airline with ₦10.8 Billion
The North-east governors have formed a regional airline, pooling together ₦10.8 billion in counterpart funding.
Industry Leaders and Stakeholders Unveil Strategic Plan for the Future of Nigeria’s Hospitality Sector
Nigeria's hospitality business is set for a major overhaul as industry leaders and stakeholders gather to chart a new course.
G7 Countries Announce Plans to Release Oil and Diesel Reserves
The G7 countries have announced plans to release up to 100 million barrels of oil and diesel from their reserves, according to Premium Times Nigeria.
Standard Chartered Foundation Announces Winners of Women in Tech Accelerator in Nigeria
The Standard Chartered Foundation has announced the winners of its Women in Tech Accelerator program in Nigeria, with 11 female entrepreneurs graduating from the initiative.
Nigeria Unveils 11-Digit Digital Postal Code System for Business and Emergency Services
The Nigerian government has launched a new 11-character digital postal code system to streamline business operations and emergency services. Developers are encouraged to build applications around the new…
Nigeria Unveils N125 Billion Distributed Renewable Energy Fund
The Federal Government of Nigeria has launched a new initiative aimed at boosting renewable energy in the country.
Dangote Refinery IPO Offers Free Shares to Nigerian Students
The Aliko Dangote Foundation is launching a Student Share Grant Initiative, offering free shares of the upcoming Dangote Refinery IPO to Nigerian students.
Finance
Navigating Nigeria’s Trading Landscape: A Pragmatic Approach
In a nation where trading platforms abound, finding the right one can be daunting. Vanguard News offers a street-smart guide.
Economy
Explaining Fuel Subsidy Removal and FX Policy Changes: A Group’s Perspective on Addressing Nigeria’s Economic Challenges
A support group offers insights into the government's recent economic measures and their potential impact on Nigeria's longstanding structural issues.