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Transcorp Hotels Reports a Half-Year Profit Rise of 188% in 2024
In the first half of 2024, Transcorp Hotels reported a profit before tax of N10.5 billion, an 188% increase over the N3.6 billion reported...
FG Raises N225.71 Billion at the July Auction, as Investors Avoid Short-Term Bonds
The federal government raised N225.714 billion at the bond auction held in July 2024, around 75% of its target amount given the declining market...
Bean, Tomato, Yam, and Potato Prices Increase by More than 250% in a Single Year
In the past year, the cost of important staple foods such as beans, yams, potatoes, plantains, and tomatoes has increased by more than 250%...
Dangote Refinery Plans to Import Crude Oil from Libya
The Dangote Refinery in Lagos is in talks with Libya about importing crude oil for its 650,000 barrel-per-day plant as it expands production.
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Debt Service Charges Eat Up 74% of FG’s Revenue in Q1 2024
In the first quarter of 2024, debt servicing expenditures accounted for almost 74% of the federal government's retained revenue.
The Central Bank of Nigeria's (CBN)...
