FMDQ Exchange Admits Dufil Prima Foods PLC ₦30.00 Billion Series 5 and 6 Commercial Papers
FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”), a wholly owned subsidiary of FMDQ Group PLC (“FMDQ Group”), has...
Trade Tech Firm Norebase Raises $1M in Pre-Seed Round
Norebase, a Nigeria-based trade technology firm announced on Wednesday that it has secured $1M pre-seed funding round. The funding round...
OnePort 365 secures $5 million Seed Funding to Digitize Freight Management in Africa
Nigeria's digital freight forwarding company OnePort 365 has raised $5 million in seed funding to drive the end-to-end digitisation of...
Power firms owe banks N861.14bn amid worsening electricity crisis
The debt owed to Nigerian banks by operators in the power sector rose by 12.83 per cent in one year...
Cooking gas: Nigeria needs $750m for 5MMT annual consumption
Nigerians requires about $750m investment in the transportation and retailing infrastructure for Liquefied Petroleum Gas, popularly called cooking gas, to...
World Bank to review poverty index over inflation, others
The World Bank plans to revise the global poverty line from $1.90 to $2.15 due to increases in the costs...
Nigeria Looks to Canada for Emergency Potash Supply to Replace Russia
Nigeria bought emergency supplies of Canadian potash in April after the country was unable to import the key fertiliser ingredient...
Nigeria-Morocco gas pipeline: OPEC, Russia show interest
The Organisation of the Petroleum Exporting Countries (OPEC) and Russia are some of the international interests showing willingness to buy...
Bonds, Stocks Struggle Before Pivotal Fed Decision
Bonds came under pressure Wednesday and U.S. equity futures were subdued as investors braced for the biggest Federal Reserve interest...
Oil climbs 1% after U.S. crude stocks signal tighter supply
Oil prices rose at the start of Asian trade on Wednesday after industry data showed drawdowns in U.S. crude and...
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