Oil prices climbed on Thursday after Credit Suisse received a financial lifeline from Swiss regulators. Brent crude oil, the international benchmark for Nigerian oil, rose 0.7%...
Nigeria’s inflation rate continues to upward trend in February as economic uncertainty amid a chronic cash crunch crippled economic activities. The Consumer Price Index (CPI), which...
Africa’s most capitalised startup Flutterwave has secured two new licenses from the National Bank of Rwanda to deepen payments and broaden operations. In a press release...
The Edo State government-backed Edo modular refinery has ordered 150,000 barrels of crude to meet the growing demand of its clientele base, just weeks after commencing...
The Nigerian Naira has been on a steady decline against the US dollar, with a 3.8% decrease in value in the past month alone. This decline...
SVB Financial Group‘s recent failure has been making headlines as the largest bank to fail since the 2008 financial crisis. The reason for SVB’s failure was...
The Ghana National Petroleum Authority (NPA) has announced the removal of fuel subsidy and energy subsidies in the country as part of its implemented regulatory measures...
The Organisation of Petroleum Exporting Countries (OPEC) recently released its Monthly Oil Market Report, confirming that Nigeria produced 1.3 million barrels per day (bpd) of crude...
ByteDance Ltd., the Chinese parent company of TikTok, has been valued at $220 billion in a recent private-market investment by Abu Dhabi AI firm G42. This...
The CEO of Binance, Changpeng ‘CZ’ Zhao has denied rumors of his company’s interest in acquiring one of the world’s largest cryptocurrency media companies, CoinDesk. While reports...