Nigeria’s foreign exchange reserves have plummeted by approximately $1.02 billion over an 18-day period. This significant drop underscores the intensifying pressure on the country’s currency and...
Renowned entrepreneur and philanthropist Tony O. Elumelu recently joined President Bola Ahmed Tinubu for an Iftar ceremony at the Presidential Villa in Abuja. The event, held...
The Central Bank of Nigeria (CBN) has announced the resumption of dollar sales to Bureau De Change (BDC) operators at a fixed rate. According to a...
Gold surged to yet another record high, breaking the $2,350 per ounce price level on Monday. The precious metal rally has been fueled by a combination...
The National Identity Management Commission (NIMC) has unveiled plans to launch three new national identity cards. These cards are aimed at providing improved access to government...
Nigerian Exchange Group Plc (NGX) has announced the acquisition of a 5% stake in the Ethiopian Securities Exchange (ESX). The investment marks a significant milestone for...
Oil prices retreated from a five-month high as Israel announced a partial withdrawal of troops from Gaza. The decision, coupled with looming market reports, has injected...
Goldman Sachs Group Inc. has raised concerns over the potential ramifications of President Donald Trump’s proposed tariff escalations on Chinese imports. The renowned financial institution’s analysis...
Canal+, a subsidiary of Vivendi SE, has formally tabled a $2.9 billion all-cash offer for MultiChoice Group Ltd., a major South African broadcaster. This move comes...
The Federal Government of Nigeria has announced the launch of a National Identity Card with integrated payment and social service functionalities. This initiative, spearheaded by the...