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Day: November 11, 2024

Nigerian Presidency Allocates N5.4 Trillion Savings from Subsidy Removal to Infrastructure and Social Programs
Economy

Nigerian Presidency Allocates N5.4 Trillion Savings from Subsidy Removal to Infrastructure and Social Programs

Web AdminNovember 11, 2024November 11, 2024
The Nigerian Presidency has announced that the estimated N5.4 trillion savings from the removal of fuel subsidies in 2024 will be allocated to infrastructure development and social intervention programs, aiming...
Bitcoin Soars to New All-Time High of $81,000 Amid Post-US Election Bull Run
news

Bitcoin Soars to New All-Time High of $81,000 Amid Post-US Election Bull Run

Web AdminNovember 11, 2024November 11, 2024
Bitcoin has reached a new all-time high of $81,000, surpassing its previous peak and pushing its market capitalization to an astonishing $1.6 trillion. This surge represents a 17.6% increase over...
BUA Foods Continues to Deliver Impressive Shareholder Returns Amidst Profit Margin Declines and Premium Valuation
Business News

BUA Foods Continues to Deliver Impressive Shareholder Returns Amidst Profit Margin Declines and Premium Valuation

Web AdminNovember 11, 2024November 11, 2024
BUA Foods has remained one of the standout performers in the Nigerian stock market, continuing its strong growth trajectory into 2024. The company’s stock has seen a remarkable 104% year-to-date...
Nigeria’s Fiscal Deficit Swells to 7.6% of GDP, Exceeding Budget Targets
Economy

Nigeria’s Fiscal Deficit Swells to 7.6% of GDP, Exceeding Budget Targets

Web AdminNovember 11, 2024November 11, 2024
Nigeria's fiscal deficit has continued to widen, with recent figures showing a budget deficit of 7.6% of GDP as of August 2024, far surpassing the 3.8% target approved by the...
NLC Decries Rising Petrol Prices, Accuses Industry “Fat Cats” of Price Manipulation
Business News

NLC Decries Rising Petrol Prices, Accuses Industry “Fat Cats” of Price Manipulation

Web AdminNovember 11, 2024November 11, 2024
The Nigerian Labour Congress (NLC) has raised alarm over the escalating cost of petrol in the country, accusing key players in the petroleum sector of artificially inflating fuel prices. In...

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Fidelity Bank Empowers Osun Residents Through Grassroots Support Initiative

Investor Appetite Soars as CBN Treasury Bills Auction Pulls in ₦1.17 Trillion in Bids

Nigeria Targets Mining and Automotive Sectors to Drive New Industrial Era

Aliko Dangote Honoured Globally as TIME Names Him Among Top 100 Philanthropists

New Player Enters Nigeria’s Broadcast Market as Luft Pay TV Launches in Lagos

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