Flutterwave, one of Africa’s leading fintech companies, is poised to undertake a substantial recovery effort following a High Court ruling granting it the authority to recover...
French energy conglomerate TotalEnergies has announced its intention to divest its minority stake in a prominent Nigerian onshore oil joint venture. The decision follows Shell’s recent...
Amid persistent foreign exchange (FX) scarcity and sluggish economic growth in high-income economies, Nigerians living abroad have sent home the lowest amount of remittances in nearly...
Hermes, the esteemed French luxury brand renowned for its coveted Birkin bags, has reported a significant surge in sales, defying the broader slowdown in the luxury...
Barclays Plc has announced its acquisition of Tesco Plc’s banking business in a £600 million deal. The transaction marks Barclays’ endeavor to strengthen its presence in...
Exxon Mobil Corp., a key player in Equatorial Guinea’s oil sector for almost three decades, has announced its plans to withdraw from the country in the...
To better manage foreign currency transactions and bolster the nation’s forex reserves, the Central Bank of Nigeria (CBN) has directed mandating Nigerian banks to pay international...
In the latest trading session on the Nigerian Exchange, investors faced a minor setback as the All-Share Index (ASI) experienced a slight dip, resulting in a...
Nigeria’s one-year treasury bill was oversubscribed by 300% during the recent Primary Market Auction conducted by the Central Bank of Nigeria (CBN) on Wednesday. The auction,...
Nigeria’s electronic payment (E-payment) transactions rose by 66% to N664.21 trillion in 2023, a significant uptick from N387 trillion in the previous year. This surge in...
