Year: 2025

The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, says the ministry will establish carbon markets across the country to guarantee economic and industrial development. Oduwole said this when she featured at a ministerial briefing by the Ministry of Information and Cultural Orientation, on Tuesday in Abuja,

Seplat Energy Plc grew profit after tax by 16.9% year on year to about $144.8 million in 2024, details from its audited financial statement revealed. The independent energy company says it generated revenue of $1.116 billion (N1.652 trillion) for the 2024 financial year.  The figure represented a 5.2 percent increase when compared to $1.061 billion (N696.9 trillion) recorded in 2023.

Naira Rallies, FX Inflow Falls by 50% as CBN Halts Support The naira appreciated against the US dollar by 0.50%…

Equities Investors Lost N345bn as TRANSCORP, DANGSUGAR Fall Equities investors lost about N345 billion in the stock market due to…

Naira Stability Unsupported by Economic, Market Realities –Experts The Nigerian naira has shown relative stability in early 2025, trading at…

ECOWAS Pushes for Single Currency, Economic Stability The 11th ECOWAS Convergence Council convened in Abuja, bringing together Ministers of Finance…

US Dollar Falls Ahead of Trump Address to Congress The US dollar fell against its major trading partners early Tuesday…

NGX Index Bumps Intraday as Dangote Sugar, United Capital Plunge The Nigerian Exchange (NGX) All-Share Index (ASI) is tracking lower…

Stanbic Bank, EIB Launch €20m Credit Line for Women Entrepreneurs The European Investment Bank (EIB Global) and Stanbic have launched…

Oil Drops to $70 on Higher U.S. Inventories, OPEC+ Supply Oil prices come under pressures on Tuesday on expected increase…