Ecobank, a prominent pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have sealed a $200 million risk-sharing agreement. This collaboration,...
The Federal Government of Nigeria is poised to withdraw civil claims amounting to $1.1 billion against Eni SpA, signaling the conclusion of a protracted legal dispute...
The Executive Chairman of the Courier and Logistics Management Institute, Professor Simon Emeje, revealed that Nigeria is yet to fully harness the immense potential of its...
Amidst the persistent fuel queues in Abuja, Nasarawa, and Niger States, oil marketers and the Nigerian National Petroleum Corporation Limited (NNPCL) offer conflicting narratives on the...
In a strategic move to enhance connectivity and unite Nigerians across the northern region, United Nigeria Airlines is gearing up to inaugurate a new airline route...
Alibaba Group Holding Ltd. has abandoned its $11 billion cloud business spinoff and public listing plans, citing the escalating US-China technological rivalry. Chairman Joseph Tsai and...
Oil prices plummeted around 5% on Thursday as concerns over global oil demand following discouraging economic data from the U.S. and Asia intensified. Brent crude oil,...
Africa’s global bank, United Bank for Africa (UBA) Plc, has been named the African Champion of the Year 2023 at the just concluded Africa Financial Industry...
Nigeria’s annual inflation rate surged to 27.33% in October from the 26.72% recorded in the previous month, according to the National Bureau of Statistics (NBS). The...
Investor optimism propelled Oando Plc shares to a 10% surge at the close of trading on the Nigerian Exchange on Wednesday, resulting in a substantial N113...