guardian.ng markets news headlines

FX crisis, insecurity will force more industries to shut down

Chairman of theManufacturers Association of Nigeria (MAN), Apapa Branch, Raphael Danilola, has expressed worry over the fate of existing industries, saying that if the problems of FX scarcity, raging insecurity and the harsh The post FX crisis, insecurity will force more industries to shut down
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21 Aug 2024

FG opens for subscription $500m-denominated bond at 9.8%

The Federal Government has opened offers for its dollar-denominated domestic bond of $500m at an interest rate of 9.75 per cent per annum for The post FG opens for subscription $500m-denominated bond at 9.8%
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20 Aug 2024

Nasarawas one million tonnes lead deposit can boost Nigerias economy Expert

A mining sector expert has stated that the lead deposits in Nasarawa State have the potential to significantly boost Nigeria's mining industry and economy. The expert noted that the state's estimated one million tonnes of lead reserves could greatly enhance Nigeria's mining industry and overall econ
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19 Aug 2024

Ex-NANTA boss implores FG to protect travel agencies from airlines extortions

A former Vice Chairman, National Association of Nigeria Travel Agencies (NANTA), Segun Adewale, has urged the Federal Government to protect travel agencies from alleged extortion by airline operators. The post Ex-NANTA boss implores FG to protect travel agencies from airlines extortions
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17 Aug 2024

Aviation workers to shut down airports over revenue cut

Aviation workers have announced plans to shut down airports across Nigeria on Wednesday, August 21, 2024 over the Federal Government's 50% reduction in their revenue. The workers announced their plan to protest in a circular dated Wednesday, August 14, 2024 and signed by Comrades Ocheme Aba, Frances
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15 Aug 2024

Two French military aircraft collide mid-air

Two Rafale fighter jets collided in mid air before crashing to the ground in north eastern France on Wednesday, civil and military authorities said. A search for one of the crews was under way. The two jets were from the Saint-Dizier air base, an air force spokesman in Paris told AFP. READ ALSO:Suda
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14 Aug 2024

MSMEs financing gap widens to N13tr amid low consumer spending

Micro, small and medium-scale enterprises (MSMEs) will require an estimated N13 trillion ($32.2 billion) to bridge the financing gap currently in the sector, a new study has revealed. The post MSMEs financing gap widens to N13tr amid low consumer spending
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14 Aug 2024

Nestl commits to sustainable production, support for local economy

Nestl Nigeria has reaffirmed its commitment to embracing sustainable manufacturing and promoting the circular economy in Nigeria. The post Nestl commits to sustainable production, support for local economy
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14 Aug 2024

Challenging business environment hindering real sectors competitiveness

Stakeholders have said that unless conscious efforts are made to revive and reposition the real sector, Nigerian manufacturers will not be able to compete. The post Challenging business environment hindering real sectors competitiveness
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14 Aug 2024