On Wednesday, the Federal High Court in Lagos ordered the interim forfeiture of $1,426,175.14 linked to the former Governor of the Central Bank of Nigeria (CBN),...
Oil prices surged during Asian trading hours on Wednesday amid mounting expectations that major oil-producing nations will uphold output cuts at an impending meeting of the...
In a move that underscores growing tensions between the Central Bank of Nigeria (CBN) and the Association of Bureau De Change Operators of Nigeria (ABCON), the...
Kenya Airways, the East African aviation giant, is gearing up to significantly expand its footprint in Nigeria by establishing a new operational hub in Abuja, as...
Nigeria has set an ambitious target of generating N2 trillion in annual revenue from this sector by the year 2027. The revelation came from the Minister...
In a bid to revitalize the Nigerian automotive industry and reduce dependency on imported auto parts, the Federal Government has unveiled an ambitious plan to kickstart...
The Nigerian equity market continued its bullish momentum on Tuesday, delivering significant gains for investors. By the close of trading, the market capitalization of the Nigerian...
The Nigerian Exchange Limited (NGX) experienced a significant downturn in April with foreign investment inflows dropping by 19.14% month-on-month to N42.58 billion from N52.66 billion in...
One year into President Bola Tinubu’s administration, the initial investor enthusiasm over his ambitious economic reforms is fading. Despite significant changes aimed at revitalizing Nigeria’s economy,...
South Sudan is seeking $250 million in financing from the International Monetary Fund (IMF) to address its ongoing balance of payment challenges and stimulate economic growth....
