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...
Indian and Nigerian nationals have emerged as the top contributors to job market growth between 2019 and 2023, surpassing British workers in numbers. This development is...
Nigerian manufacturers have shown signs of financial improvement in the second quarter of 2024 with losses significantly reduced following a drop in finance costs and the...
The long-awaited launch of the Port Harcourt refinery has been postponed once again, making it the sixth delay for a project that was initially scheduled to...
The naira experienced its first loss at the official foreign exchange (FX) market on Tuesday after a four-day streak of gains to close at N1,582.09 per...
The Nigerian stock market experienced a setback as it shed N279 billion in value on Tuesday to extend its decline. This latest dip marks a 0.50%...
Crude oil prices rose modestly on Wednesday, driven by a significant drop in U.S. crude inventories and mounting concerns over the potential widening of the Israel-Gaza...
Karl Toriola, the Chief Executive Officer of MTN Nigeria, has declared the sector to be in a “deep crisis,” calling for immediate action to prevent its...
The Federal Government has frozen cryptocurrency assets valued at over $37 million, reportedly linked to individuals associated with the #EndBadGovernance protests. The action followed a court...
Nigerian government bond yields have dropped to 20.01% as of Monday, a significant shift in the local debt market driven by a surge in investor demand....
BUA Cement Plc has seen a significant drop in its market value, losing over 20% in just two days following the release of its disappointing first-half...
