The Central Bank of Nigeria (CBN) has announced a tenfold increase in the minimum capital requirements for lenders. The new regulations, unveiled by the Abuja-based institution,...
Egypt has secured an augmentation of its International Monetary Fund (IMF) loan program to a total of $8 billion. The decision reflects a recognition of Egypt’s...
In the wake of stringent sanctions imposed on Russian and Venezuelan oil, the United States has seized the opportunity to assert its dominance in global energy...
Access Holdings Plc, the parent company of Nigeria’s leading bank, Access Bank Plc, has unveiled ambitious plans for a $1.8 billion capital raise aimed at fueling...
Oil price surged past the $87 price level on Thursday on the back of production cuts by OPEC+ nations and escalating geopolitical tensions. Brent crude oil,...
Heirs Insurance Group has launched a website designed to revolutionize the insurance experience for its customers. With a focus on simplicity, accessibility, and personalized service, the...
Nigeria’s currency in circulation surged to a historic high of N3.69 trillion, according to data released by the Central Bank of Nigeria (CBN). This figure represents...
Amidst growing concerns over surging U.S. stockpiles and indications of static output policies from major oil-producing nations, oil prices declined for a second consecutive day by...
Guinness Nigeria Plc has announced a delay in its plan to halt the importation of spirits as it extended its agreement with multinational alcoholic beverage company...
Nigeria is setting its sights on attracting $5 billion worth of investments in its oil and gas sector, according to statements made by government officials during...
