Lekki Deep Seaport To Host 70% West Africa Cargoes
The Lekki deep seaport has the capacity to host 70% of cargo coming to West African countries through the Nigerian seaport.
Dangote Refinery Product To Be In Market By End Of July – Dangote
Aliko Dangote has said that the first refined product from the Dangote refinery will be on the market before the end of July.
98.5% Of eNaira Wallets Unused – IMF
The International Monetary Fund says 98.5% of eNaira wallets created has never been used.
Banking Sector Leads Local Stock Market N33.6bn Turnover
The financial sector dominated activities on the floor of the local stock market last week, contributing N21.8 billion to its turnover.
Bears Dominate Local Stock Market As Investors Lose N257bn
Investors on the floor of the Nigerian Exchange (NGX) Limited recorded a loss of N257 billion on Thursday, OduNews reports.
Local Stock Market Maintains Positive Momentum As Investors Rake In N88bn
Investors on the floor of the Nigerian Exchange (NGX) Limited gained N88 billion by the close of market activities on Wednesday.
Elon Musk Teases Two New Tesla Electric Vehicles at Shareholder’s Meeting
During Tesla’s highly anticipated annual shareholder’s meeting, CEO Elon Musk left investors and enthusiasts eager with excitement as he unveiled...
Local Stock Market Records N9bn Gain
The Nigerian Exchange (NGX) Limited recorded a N9 billion gain by the end of trading activities on Monday.
Nigeria’s Inflation Rate Hits 22.22% In April
The Consumer Price Index, which is used to measure the changes in the prices of goods, increased to 22.22% in April, OduNews reports.
Financial Sector Contributes 87.5% To Customs Street Turnover
The financial sector contributed 87.5% to the turnover of the Nigerian Exchange (NGX) Limited in the second week of May, OduNews reports.
Telecos Withdraw USSD Services from Banks Amidst Growing Debt Crisis
Starting from 7 pm today, bank customers may face difficulties accessing online banking transactions that rely on the Unstructured Supplementary...
Elon Musk Appoints Linda Yaccarino as Twitter’s New CEO
San Francisco, CA – In a surprising move, Elon Musk announced on Friday that media executive Linda Yaccarino would be...
Customs Street Loses N26bn
The Nigerian Exchange (NGX) Limited recorded a shortfall of N26 billion by the close of market activities on Friday.
Elon Musk Announces New Twitter CEO
Elon Musk, the entrepreneur and CEO of Tesla, has revealed that he has found a new chief executive to lead...
Dangote, Elumelu Praise NNPC Under Kyari
Nigerian billionaire businessmen, Aliko Dangote and Tony Elumelu hailed the performance of the Nigerian NNPC Ltd under its Group Chief Executive Officer, Mele Kyar.
CBN Clears Air On BVN Expiry Date
The Central Bank of Nigeria says the Bank Verification Number does not have expiry date as against reports making rounds.
Naira Gains At Official Market, Crashes At P2P, Black Market
The value of the naira rose by 0.11% at the Investors & Exporters window of the foreign exchange market on Tuesday, OduNews reports.
Local Stock Market Investors Record N14bn Gain
Investors at the Nigerian Exchanged (NGX) Limited recorded a N14 billion gain by the close of market activities, OduNews reports.
Transcorp Power Approved As Preferred Bidder For Abuja Disco
The federal government has granted Transcorp Power as the preferred bidder for the Abuja Electricity Distribution Company.
CBN Vows To Penalise Shipping Companies Exporting Undocumented Cargoes
The Central Bank of Nigeria has vowed to penalise shipping companies exporting undocumented cargoes to the country.