- Rand Firmer on Improved Investors’ Appetite for EM Currencies
- Bullish T-Bills Run Ahead as CBN Rejects Bids, Prices 1-Year Bill at 17.66%
- FG Boosts Global Authentication of Nigerian Passports
- Jack-Rich, Eric Trump Advocate Closer U.S.-Nigeria Ties
- Nigeria’s Economy on Steady Growth, Tinubu Tells Deloitte Africa
- Federal Govt. Unveils $500m Niger Delta Agric Investment Fund
- Court Orders Final Forfeiture of 48 Properties Linked to Ex-Attorney General Malami
- FAAC: Nigeria’s Three Tiers of Government Share N2.55trn in June
Author: Ogochukwu Ndubuisi
Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.
NNPCL is Not Paying Fuel Subsidy, CFO Says The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has not paid fuel subsidy to anybody in the last nine years. The Chief Financial Officer (CFO) of the company, Alhaji Umar Ajiya made the clarifications on Monday in Abuja. Ajiya said the NNPC Ltd. was only taking care of Premium Motor Spirit (PMS) importation shortfalls between the company and the federation. “In the last eight to nine years the NNPC Ltd., has not paid anybody a dime as subsidy, no one has been paid kobo by the NNPC Ltd. in the…
MTN Nigeria Announces Ratings from GCR, Agusto & Co MTN Nigeria Communications Plc has said that GCR Ratings and Agusto & Co. have affirmed their respective ratings for the telecommunications company. In a regulatory filing, the telecom company told the Nigerian Exchange that GCR affirmed the national scale long and short-term issuer ratings of AAA and Al1+, respectively as well as the national scale long-term issue rating of AAA accorded to each of the Company’s existing senior unsecured bond issues. In addition, Agusto & Co affirmed the Aa+ issuer rating. The ratings reflect MTN Nigeria’s strong competitive position, earnings generation…
SUNU Assurances Nigeria Plc says it paid N2.08 billion as claims in the 2023 financial year.
The United Capital Group (UCAP) has unveiled the first digital MicroFinance Bank in the country.
The Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October.
Nigeria government targets retails investors subscription in its $500 million US domestic US dollar bond offering, Debt Management Office (DMO) said in a note.
The Nigerian naira strengthened against the US dollar in the foreign currency market on Monday, according to data obtained from the FMDQ Exchange platform.
Dangote Cement Plc lost more than N1 trillion in the market today as the company’s share price tumbled by 10% in a late hour’s sell down.
Equities market capitalisation fell by about N749 billion on Monday as investors offloaded their shares in two Dangote’s brands – the cement and sugar companies.
The Bayelsa Government said on Monday it received N10.8billion from the N570 billion grant from the Federal Governments to states.