The Debt Management Office (DMO) on Wednesday reported that its July 2023 Federal Government of Nigeria (FGN) bond offering received overwhelming investor interest, surpassing all expectations...
Nigerian stocks surged to an all-time high on Tuesday, with the all-share index climbing 0.5 percent to an impressive 66,490.3 basis points. This record high can...
Oil prices saw a notable uptick on Tuesday, driven by a weakening dollar and mounting concerns about the potential impact of Hurricane Idalia on energy supply...
The Central Bank of Nigeria (CBN) has announced that it has repaid 85% of the Chinese yuan (CNY) borrowed from the currency swap agreement with China....
Nigerian crypto platform Patricia recently announced a strategy to compensate customers who were affected by a $2 million hack. This innovative approach hinges on the introduction...
The Federal Ministry of Health has announced its unwavering commitment to doubling the tax on Sugar-Sweetened Beverages (SSBs). The current tax rate of 10 percent is...
The Board of Directors of Zenith Bank Plc has appointed Dr. Juliet Ehimuan as a Non-Executive Director of the bank effective August 29, 2023. The appointment,...
Nigeria, along with Angola and Kenya, is positioning itself as an attractive destination for foreign investment in the aftermath of sharp currency declines. Citigroup Inc. has...
In an alarming turn of events at the American embassy in Lagos, the dreams of numerous Nigerian applicants seeking visas to the United States were shattered,...
Google, Netflix, Facebook, and other foreign tech giants have significantly bolstered Nigeria’s revenue coffers, contributing N1.98tn in taxes over the course of 15 months. This figure...