The Nigerian Exchange Limited (NGX) has seen a significant increase in trading activity, with total transactions hitting an impressive N5.59 trillion in 2024. This marks a remarkable rise in market participation, driven largely by domestic investors. According to the NGX’s equity trading summary, domestic transactions accounted for a dominant 85% of the total volume, totaling … Read more
Bluefern Immigration Services, a trusted name in Canadian immigration consulting, has pledged to ease the process of immigrating to Canada, a country widely recognized for its thriving economy, world-class education system, and inclusive society. With Canada being one of the most sought-after destinations for individuals and families, Bluefern aims to provide an accessible, smooth, and … Read more
Nigeria’s real estate sector is poised for significant growth, with projections indicating a market value of $2.25 trillion by the end of 2025, according to the Federal Government. Minister of Housing and Urban Development, Ahmed Dangiwa, made this announcement during the Saudi Real Estate Forum, urging foreign investors to seize opportunities in Nigeria’s thriving housing … Read more
Africa’s mounting debt crisis is becoming an obstacle to economic growth and prosperity. During the recent launch of the Debt Management Forum for Africa in Nigeria, African leaders discussed strategies to tackle the continent’s growing debt distress, which is exacerbated by a global financing system that often ignores Africa’s unique challenges. The rising debt burden … Read more
Nigeria’s equity market has experienced impressive growth, with total equity transactions reaching N10.82 trillion by the end of 2024, a significant leap driven by robust local investor participation. Domestic investors were at the forefront of this growth, accounting for 84.02% of the total market transactions, which amounted to N4.91 trillion in 2024. Foreign investors contributed … Read more
The Federal Government has officially attributed the deadly explosion in Sabon Pegi, located in Niger State’s Mashegu Local Government Area, to the illegal stockpiling of explosives by a local resident, Yushua Maikampala. The tragic incident, which resulted in the loss of three lives and the destruction of 40 homes, has prompted the Minister of Solid … Read more
The Nigerian Communications Commission (NCC) and telecommunications companies have confirmed that there will be no extension for banks to settle their outstanding Unstructured Supplementary Service Data (USSD) debts, leaving the lenders scrambling to meet the deadline set for the close of business on Monday. Initially, nine banks were in arrears, but by Friday, this number … Read more
The National Agricultural Development Fund (NADF) and the Niger State Government have formalized a landmark N5 billion partnership aimed at boosting agriculture and improving food security in the region. The agreement, which was signed on Tuesday, marks a major step in the development of large-scale rice and maize production across 4,000 hectares in Niger State. … Read more
The Nigeria Internet Group (NIG) has reacted to the Nigerian Communications Commission’s (NCC) approval of a 50% increase in telecommunications tariffs, demanding that the tariff hike should lead to improved service quality for consumers. NIG President, Destiny Amana, expressed the group’s acknowledgment of the economic realities that led to the tariff adjustment but stressed that … Read more
Toyota Nigeria Limited (TNL) has marked another significant milestone in its journey, having been listed as one of Nigeria’s top 50 brands and awarded the prestigious Auto Company of the Decade title. This recognition was presented at the Nigeria Auto Journalists Association (NAJA) awards in Lagos, a highly respected event in the automobile industry. It … Read more