The Grimaldi Group has launched the first-ever direct shipping service connecting Shanghai, China to Lagos, Nigeria. The new service is...
OpenAI CEO Sam Altman has denied allegations of childhood sexual abuse filed against him by his sister, Annie Altman, in...
The China Development Bank (CDB) has approved a €245 million ($254.76 million) loan to support the construction of Nigeria’s Kano-Kaduna...
Nigeria’s foreign exchange reserves increased by $591.78 million in the month following the government’s $2.2 billion Eurobond auction. Data from...
The Central Bank of Nigeria (CBN) has disclosed that it injected a total of $1.25 billion into the oil sector...
The Pension Fund Operators Association of Nigeria (PenOp) has reported a 91% decline in the amount allocated for Real Estate...
The Dollar to Naira exchange rate remains a central topic in Nigeria’s financial landscape, reflecting ongoing foreign exchange challenges and...
The All Progressives Congress has denied threatening the life of the Presidential candidate of the Labour Party in the 2023...
Nigerian Governors who are yet to implement the approved N70,000 minimum wage have been criticised by the Director General of...
A French court has ordered the seizure of three Nigerian presidential jets as part of a long-standing contractual dispute between a Chinese company, Zhongshan, and the...
Passive investing, a strategy that focuses on long-term gains rather than short-term trading, has gained substantial popularity among investors. Unlike active investing, which involves frequent trading...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of August 15th, 2024 stood at...
Oil prices saw a modest rise on Thursday as investors remained optimistic that potential U.S. interest rate cuts could stimulate economic activity and boost fuel consumption....
Mars Inc. has announced its acquisition of Kellanova, the maker of popular brands such as Cheez-It, Pringles, and Pop-Tarts, for an estimated $36 billion. The deal,...
Access Holdings Plc has announced the extension of its ongoing Rights Issue acceptance period, originally set to close on August 14, 2024. The new deadline is...
The Nigerian equities market continued its downward trend on Wednesday, its third consecutive day of losses as investors increasingly adopt a risk-off stance. The All-Share Index...
The Nigerian Army has successfully dismantled 27 illegal refining sites and seized 100,000 litres of stolen crude oil in a series of raids across the Niger...
Nigeria’s crude oil production saw a modest increase in July 2024, according to the latest data released by the Organisation of the Petroleum Exporting Countries (OPEC)....
Dangote Refinery has issued a strong denial against claims that it has set the price of Premium Motor Spirit (PMS) at N600 per litre, dismissing the...
