BUA Foods Plc, one of Nigeria’s leading food and beverage companies, has announced its financial results for the year 2022, showing an impressive performance despite challenges...
In a surprising move, the OPEC+ announced a reduction in its combined oil production by more than 1 million barrels per day. This announcement came as...
Nigeria’s borrowing from China jumped a whopping 209.15 percent under President Muhammadu Buhari’s administration. This startling revelation was disclosed by the Debt Management Office (DMO) which...
Nigeria’s external reserves declined by $1.46 billion in the first quarter (Q1) of 2023 from $36.67 billion to $35.53 billion, according to data obtained from the...
On Sunday, Saudi Arabia and other OPEC+ oil producers announced an unexpected reduction in oil output cuts of around 1.16 million barrels per day. The move,...
The World Bank Group’s Board of Executive Directors has announced that Ajay Banga, a United States national, is the only nominee for the position of the...
Oil prices were holding steady on Friday as investors awaited the release of key U.S. inflation data that could provide clues on future interest rate moves....
A report compiled by Comité Champagne shows that Nigeria, Africa’s largest economy imported 644,452 bottles of Champagne estimated at N11.525 billion or £25.3 million in 2022....
Asiwaju Bola Tinubu, the President-elect, has reportedly filed a petition with the National Broadcasting Commission (NBC), calling for the sanction of Channels Television for allegedly breaching...
First Bank of Nigeria Limited has issued a denial against the forgery allegation made by Francis Chukwumah Nwufor, the owner of Whiteplains British School. In the...
