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Twice as much reward value has been issued since the start of 2024 as during the entire preceding decade, while 79.1% of redemption value flows into supermarkets and groceries Nigerian organisations have moved more than ₦150 billion in non-cash reward…
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Nigerian Naira shed slight value against the British Pound in the Nigerian market (both NFEM and parallel). The post Naira trades at N1,838/£1 against British pound as traders await US inflation data appeared first on Nairametrics.
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The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will offer N700 billion across the 91-day, 182-day and 364-day Treasury Bills tenors in the second and final Treasury Bills (NTB) auction for August 2026. The…
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Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has insisted that he will restore petrol subsidy if elected president in 2027, despite comments by one of his media aides suggesting that the intervention would eventually be phased out.…
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The Federal Government has blamed the concessionaire of the Benin-Asaba Expressway for the deteriorating condition of the highway and is considering a review of the concession agreement. The post FG blames concessionaire for Benin-Asaba road failure, plans concession review appeared…
Read moreInvestors with controlling or significant stakes in ten of Nigeria’s largest listed companies hold shares with an estimated combined value of N73.11 trillion, highlighting the extraordinary concentration of ownership among the Nigerian Exchange’s mega-cap stocks. The post These 10 investors…
Read moreThe Lagos State Government has paid a cumulative N168.2 billion to over 48,000 retirees under the Contributory Pension Scheme since 2007, including a landmark N5 billion single-batch payment in July 2024 that cleared all outstanding pension backlogs at the time.…
Read moreNigeria recorded a sharp drop in domestic petrol supply and consumption in July 2026, even as inventory levels improved across major petroleum products. The post Nigeria’s petrol consumption drops 25% in July — NMDPRA appeared first on Nairametrics.
Read moreDiesel prices vary significantly across African countries, reflecting differences in fuel subsidies, taxation, domestic refining capacity, exchange rates and government pricing policies. The post Top 10 African countries with the cheapest diesel prices in August 2026 appeared first on Nairametrics.
Read moreThe NGX All-Share Index (ASI) settled below the 240K mark, maintaining massive year-to-date (YTD) gains of 54% at present. The post NGX correction deepens as investors lock in gains after record run appeared first on Nairametrics.
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