Air Peace has announced plans to begin international flight operations from Ogun State’s Gateway International Airport to London this summer. The airline’s Chief Executive Officer, […]
Category: Business
Nbreakingnews.com Dive into Real Time Financial Markets, Corporate Insights, Startup Innovations, and Economic Policies. Empowering Professionals, Investors, and Entrepreneurs with Actionable Intelligence and Data-Driven Analysis.
Finance minister commends NUPRC as daily production hits 1.84m
Wale Edun, minister of finance has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for raising daily oil production to 1.84 million barrels. Edun spoke […]
Flutterwave secures CBN approval for banking services
Flutterwave has secured regulatory approval from the Central Bank of Nigeria (CBN) to provide banking services in Nigeria. Olugbenga Agboola, the founder and chief executive […]
World Bank approves $500m credit to boost Nigeria’s agriculture
The World Bank has approved a $500 million International Development Association (IDA) credit to support Nigeria’s agricultural sector. The funding will support the Nigeria Sustainable […]
Nigeria’s oil reserves drop to 37.01bn barrels – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that Nigeria’s crude oil and condensate reserves declined to 37.01 billion barrels as of January 1, […]
Stanbic IBTC Bank Nigeria PMI: New order growth sustained in March, but higher fuel costs lead to surge in prices
Growth slowed in the Nigerian private sector at the end of the first quarter of the year as higher fuel costs led […]
Afreximbank leads $4bn financing for Dangote Refinery with $2.5bn commitment
African Export-Import Bank has underwritten $2.5 billion in a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals. This is a move […]
Stock market sheds N276bn as sell pressure hits equities
The Nigerian stock market opened the week on a negative note, with investors losing N276 billion amid widespread sell pressure across key equities. Market capitalisation […]
Nigeria, 13 others eye $5.65m AfDB grant for renewable energy projects
Nigeria and 13 other African countries are set to benefit from a $5.65 million grant approved by the African Development Bank (AfDB) to support renewable […]
Profit-taking slows NGX rally as market indicators dip
Profit-taking by investors last week halted the upward momentum of the Nigerian Exchange Limited, leading to a marginal decline in key market indicators. Market capitalisation […]