The federal government has sanctioned a significant pay increase ranging between 25 and 35 percent, effective from January 1, 2024. The announcement, made on the eve...
Amidst geopolitical tensions and ongoing conflicts, oil prices remained relatively stable as hopes for a ceasefire between Israel and Hamas emerged, while attacks in the Red...
The proposed $2.4 billion asset sale by energy giant Shell to Renaissance Africa Energy has become the focal point of intense scrutiny as the Federal Government...
Governor Godwin Obaseki has announced a significant increase in the minimum wage from ₦40,000 to ₦70,000. The announcement was made during the commissioning of the newly...
Nigeria’s Treasury Bills market has witnessed an unprecedented surge in investor interest with subscriptions soaring to N23.75 trillion in the first four months of 2024. This...
The total Point of Sale (POS) terminals deployed across Nigeria have now reached 2.68 million as of March 2024. According to data released by the Nigeria...
Oil prices declined on Monday, shedding 1% of their value as Israel-Hamas peace negotiations in Cairo alleviated fears of a broader conflict in the Middle East....
A.P. Moller-Maersk, one of the world’s largest shipping and logistics companies, has committed a $600 million investment into Nigerian ports. The decision was unveiled during a...
In its latest World Economic Outlook (WEO), the IMF revised its global growth forecast for 2024 upward to 3.2% y/y from 3.1% y/y projected in its...
President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of...