MTN Group Ltd., Africa’s largest wireless carrier by revenue, has reported its first loss in seven years due to the steep devaluation of the Nigerian naira....
Standard Bank, one of Africa’s leading financial institutions, is making strategic moves to deepen its investments in Nigeria and Angola, according to CEO Sim Tshabalala. The...
Nigeria has initiated a $2 billion dollar-denominated bond program targeting domestic investors to bridge infrastructure finance gaps. The program, arranged by United Capital Plc, is designed...
Oil prices declined marginally in early Asian trading on Monday as concerns over weaker demand from China, the world’s largest oil importer, persist. Brent crude oil,...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of August 19th, 2024 stood at...
Nigeria’s headline inflation rate eased slightly to 33.40% in July 2024, down from 34.19% in June 2024. Despite this modest reduction, the inflation rate remains high...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of August 16th, 2024 stood at...
The Nigerian equity market continued its downward spiral on Thursday with investors losing N56 billion by the close of business. This latest decline extends the market’s...
Aviation workers have announced plans for a nationwide strike on August 21, 2024. This action is in response to the Federal Government’s ongoing policy of deducting...
Guaranty Trust Bank Plc (GTBank) has confirmed an isolated hacking attempt aimed at compromising its website domain but reassured customers that no data was compromised. The...
