Oando PLC, Nigeria’s foremost indigenous energy solutions provider, has announced that the Nigerian Government has approved its acquisition of 100% of the shares of Nigerian Agip...
Dangote Cement PLC, Africa’s largest cement producer, has announced profit after tax (PAT) of ₦189.9 billion for the first half of 2024. This represents a notable...
Guinness Nigeria Plc has reported a loss of N54.77 billion for the financial year ending June 30, 2024. This represents a 201% increase compared to the...
The Nigerian stock market experienced a downturn in the week ending Friday, July 26, 2024 as a result of a recent decision by the Central Bank...
The Nigerian financial sector is in turmoil as bankers and economic experts raised alarms over the proposed 70 percent foreign exchange (forex) windfall tax on banks...
The Nigerian Airspace Management Agency (NAMA) has announced a significant increase in navigational charges amid expensive air tickets. Umar Ahmed Farouk, Managing Director of NAMA, disclosed...
The Central Bank of Nigeria (CBN) has injected $148 million into the Nigerian Foreign Exchange Market (NAFEM). This initiative saw 29 authorized dealers participate in transactions...
The Dangote oil refinery has firmly denied recent allegations that it is reselling cargoes of U.S. and Nigerian crude. These claims were labeled as “outright falsehood”...
The Bank of Ghana has announced it will maintain the benchmark interest rate at 29% for the third consecutive time to rein in rising inflation. Governor...
Amid growing concerns over Nigeria’s escalating cost-of-living crisis, President Bola Tinubu has denounced plans for nationwide protests. In a statement posted on social media, he accused...
