NairaDay

The Nigerian Stock Exchange extended its bearish performance on Tuesday as the market capitalisation dropped by N1.064tn, closing at N63.23tn. The All-Share Index declined by 1.66% to 103,622.09 points, despite...

Nigerian airlines are paying 10–20% higher insurance premiums than their foreign counterparts due to perceived risks within the country’s aviation sector, according to Festus Keyamo, the Minister of Aviation and...

1. NUPRC Enhances Oil Export Tracking to Combat Losses The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has launched initiatives to address oil export losses. These include the Advance Cargo Declaration...

Ecobank Nigeria has unveiled ‘Kong in a Cage,’ an art installation by Nigerian artist Toyeeb Ajayi, crafted entirely from recycled materials. The piece is now on display at the Ecobank...

The U.S. Trade and Development Agency (USTDA) has awarded Zenith Bank Plc a training grant to facilitate its adoption of Microsoft Azure, a hyperscale cloud platform aimed at enhancing the...

The Nigerian Electricity Regulatory Commission (NERC) has finalized the transfer of regulatory oversight to four states—Enugu, Ekiti, Ondo, and Imo—granting them full control over their electricity markets. This development is...

Telecommunications and ICT firms in Nigeria owe Deposit Money Banks a total of N1.69tn as of September 2024, reflecting a 3.9% year-on-year decline in debt from N1.77tn in September 2023....