Africa’s digital payment ecosystem is on track to reach $1.5 trillion in annual transaction value by 2030. This would be...
Dangote Refinery has deepened its footprint in the global energy market with the export of approximately 130 million litres of...
Nigeria’s Dangote Oil Refinery has launched a fresh tender to sell 128,000 metric tons of residual fuel oil for April...
Nigeria’s mobile landscape is set for a transformation with smartphone penetration projected to hit 91% by 2030, according to new...
The Dollar to Naira exchange rate is a crucial indicator of Nigeria’s economic landscape, affecting businesses, travelers, and investors alike....
First City Monument Bank (FCMB) has come under legal fire following a ₦2 billion compensation claim filed by Pastor Sunday...
Oil services company, Zumax Nigeria Limited, has filed a ₦4.1 billion lawsuit against the Central Bank of Nigeria (CBN), accusing...
Seplat Energy Plc has announced that it will redeem the entire outstanding principal on its U.S. dollar-denominated notes issued under...
Trading activity on the Nigerian Exchange Limited (NGX) dipped in February 2025 as foreign portfolio transactions declined amid rising economic...
Investor participation in the Central Bank of Nigeria’s (CBN) latest treasury bill auction fell sharply, despite the apex bank offering a sizable ₦800 billion worth of...
Liquidity conditions in Nigeria’s money market strengthened last week as total system liquidity rose by 62.3% to ₦2.2 trillion. According to a market update by Afrinvest,...
Electricity Distribution Companies (DisCos) across Nigeria recorded an improved collection efficiency of 77.44 percent in the fourth quarter of 2024 and generated ₦509.8 billion in revenue...
The Federal Government paid ₦471.6 billion in electricity subsidy bills in the fourth quarter (Q4) of 2024. This was disclosed in the Q4 2024 report released...
The Nigerian Electricity Regulatory Commission (NERC) has reported that neighbouring countries Benin Republic and Togo owe Nigeria a combined sum of $8.84 million for electricity supplied...
Nigeria’s aviation sector may face major operational setbacks as three leading unions have issued a joint ultimatum demanding the immediate removal of a customs officer allegedly...
A powerful earthquake struck off the southern coast of New Zealand early Monday, sending tremors across the region and prompting thousands of residents to report the...
A coalition of petroleum product marketers and depot operators in Nigeria has accused Dangote Refinery of attempting to manipulate public sentiment against the Federal Government through...
Registered voters in Kogi Central Senatorial District have formally petitioned the Independent National Electoral Commission (INEC) to commence the recall process of Senator Natasha Akpoti-Uduaghan from...
Diplomatic efforts to de-escalate the war in Ukraine advanced on Monday as senior U.S. and Russian officials convened in Riyadh, Saudi Arabia, for closed-door talks centered...
