Category : Search result: equities N100 trillion


N3.8tr Loss: Lagos Traffic Crisis and Tech Solutions

Lagos traffic costs the economy N3.8 trillion yearly. As Yuletide approaches, experts push for tech-driven solutions like e-Call-Up systems and mass transit to salvage the situation. Read more.

Delta Assembly Passes N1.73tr 2026 Budget

Delta State House of Assembly passes a N1.73 trillion budget for 2026, raising the governor's proposal by N65.6 billion. Read details on the budget breakdown and legislative process.

Lawmaker seeks sack of Finance Minister over N4tr debt

Rep. Ikenga Ugochinyere calls for the dismissal of Finance Minister Wale Edun and FIRS Chairman Zacch Adedeji over N4 trillion unpaid contracts, accusing them of sabotaging Tinubu's agenda. Contractors protest non-payment.

Nigerian Equities Market Gains N997bn in Week

The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.

FG to Clear N4tr Road Contractors' Debt by Dec 20

The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.

72 Data Centres Needed for Nigeria's $1 Trn Economy

Digital Realty CEO Ikechukwu Nnamani says Nigeria requires 72 edge data centres to power a $1 trillion economy by 2030. He highlights a severe infrastructure gap and lack of AI-ready facilities.

16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline

CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.

Stock Market Dips 1.7% on Tax Jitters

The Nigerian stock market fell sharply last week, losing N1.5 trillion as panic selling over a proposed capital gains tax caused a major sell-off. Discover the key winners and losers and what's next for investors.

N100,000 Grant for Petty Traders: Apply Now!

Federal Government launches new portal for petty traders to apply for N100,000 grant. Batch C beneficiaries list released. Application process simplified for small business owners across Nigeria.

Nigeria-Germany Alliance for $1 Trillion Economy

Budget Minister Atiku Bagudu announces strategic collaboration with Germany to accelerate Nigeria's ambitious journey toward a $1 trillion economy through targeted investments and economic reforms.

House Scrutinizes Tinubu's N1.15T Loan Request

Nigeria's House of Representatives launches thorough investigation into President Tinubu's massive N1.15 trillion loan request amid growing economic concerns and national debt worries.

Tinubu Seeks Senate Approval for ₦15.4 Trillion Loan

President Bola Tinubu has formally requested Senate approval for a ₦15.4 trillion loan facility to address critical infrastructure gaps and economic challenges. Get the full details on this major financial move.

Nigeria's $1 Trillion Economy Target Now Within Reach

Minister of Industry, Trade and Investment Doris Anite announces Nigeria's ambitious $1 trillion economy target is more achievable than ever, citing recent economic reforms and investor confidence.

Nigeria's $1 Trillion Economy Target Achievable - Bagudu

Nigeria's Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has expressed strong confidence that the country can achieve its ambitious $1 trillion economy target by 2030 through strategic reforms and economic diversification.

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