The Central Bank of Nigeria (CBN) has announced the commencement of a retail dollar auction to address the growing unmet foreign exchange (forex) demand. This move...
GCR Ratings has affirmed Dangote Industries Limited with national-scale long-term and short-term issuer ratings of AA+ and A1+, respectively. This affirmation highlights the company’s robust financial...
State governments and private sector investors are injecting over $10 billion into the construction of new deep and river seaports across Nigeria. The investments, aimed at...
Nigeria’s revenue from Nigeria Liquefied Natural Gas (NLNG) Limited has plummeted by 43 percent, largely due to ongoing gas supply challenges. According to the latest data...
Vice President Kashim Shettima announced on Tuesday a strategic partnership with the International Cotton Advisory Committee (ICAC). The initiative aims to create over 1.4 million jobs...
Union Bank of Nigeria, one of Nigeria’s foremost financial institutions, has added to its growing list of qualified personnel with the recent graduation of the 2024...
We are pleased to announce that the Central Bank of Nigeria has approved the framework for the merger between Providus Bank Limited and Unity Bank Plc,...
Oil prices experienced a notable decline on Monday amidst a turbulent global stock market selloff. However, the drop in prices was tempered by concerns over potential...
Despite the gradual reopening of businesses across Nigeria as protests ease in Africa’s most populous nation, the equities market opened the new week on a negative...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has made a significant addition to the global oil market with the introduction of a new crude oil...