Onyeka Onwenu, the legendary Nigerian singer, songwriter, and actress, has passed away at the age of 72. The news of her death, which occurred late Tuesday...
Ethiopia’s defaulted international bond saw a significant surge following the announcement of a $3.4 billion loan agreement with the International Monetary Fund (IMF). The IMF’s decision...
The naira further depreciated against the dollar on Monday as challenges in Nigeria’s foreign exchange market persist. According to data from the FMDQ, the naira weakened...
The Nigerian Exchange (NGX) saw a significant boost in its market capitalization on Monday following the listing of 2,418,099,300 ordinary shares of Notore Chemical Industries Plc....
Funding to African startups contracted to $780 million in the first half of 2024 from the $1.8 billion recorded during the same period in 2023. Despite...
The Nigerian Ports Authority (NPA) has reported a drop in vehicle imports from 28,024 units in the first quarter of 2023 to just 10,991 units in...
The Federal Government of Nigeria has formally requested a $500 million loan from the World Bank to improve dam safety and enhance water resource management across...
The Nigerian equities market opened the week on a negative note with the Nigerian Exchange Limited (NGX) All-Share Index (ASI) declining by 0.07%. The ASI fell...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced a notable increase in daily crude oil production. As of July 23rd, production levels have surged to 1.61...
The Nigerian Airspace Management Agency (NAMA) has suspended its previously announced 800% increase in navigational charges. This decision comes in direct response to a directive from...
