In a significant stride towards bolstering the power infrastructure in Imo State, the Egbema Power Plant project has reached a commendable milestone of 70% completion. The...
Nigerian brewers collectively faced a significant setback in the first quarter of 2024. According to a comprehensive analysis of financial statements from leading brewing companies, including...
French multinational oil company TotalEnergies has decided to steer its investment focus away from Nigeria to bolster its exploration in the Republic of Congo by $600...
Nigeria’s digital landscape has transformed in the past five years with monthly internet usage soaring by an astonishing 501.99%. The surge in online activity, driven primarily...
Nigeria’s economic outlook for the second quarter of 2024 is clouded with uncertainty as economists and analysts express concerns over the impact of the Central Bank...
The United Bank for Africa Plc (UBA), Africa’s leading global bank, has announced the appointment of Emmanuel Nnorom as its new non-executive director, effective April 30,...
The Nigerian Stock Market dipped last week as the Central Bank of Nigeria (CBN) implemented further tightening measures to address rising inflation. The Nigerian Exchange Limited...
Oil prices stabilized in Asian trading on Monday as markets turned their attention to an upcoming OPEC+ meeting, where producers are expected to discuss maintaining voluntary...
The Bank of Ghana is anticipated to keep its benchmark interest rate steady at 29% to curb soaring inflation and stabilize the nation’s currency, the cedi....
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 27th, 2024 stood at...