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...
Brent crude oil prices surged past the $80 per barrel mark on Monday for a fifth consecutive day of gains as a combination of eased U.S....
Nigerian refineries, including the massive Dangote Refinery, have increased their domestic crude oil requirements by 24% for the second half of 2024 to 597,700 barrels per...
The Nigerian Exchange Limited (NGX) appreciated last week as market capitalization closed at N55.978 trillion. This growth, amounting to a gain of N481 billion, was primarily...
Ecobank Transnational Incorporated has reported profit after tax of N311 billion for the first half of 2024, representing a 96% increase from the N105 billion recorded...
The National Agency for Science and Engineering Infrastructure (NASENI) has launched a new initiative offering a 50% discount to Nigerian drivers who convert their vehicles to...
Business activity in Nigeria has taken a significant hit as steep price pressures have driven the Purchasing Managers’ Index (PMI) down to 49.2 in July, the...
Tomato prices across Nigeria have dropped sharply by 58% as the new harvest season begins, offering much-needed relief to families who have struggled with soaring food...
The West African Examinations Council (WAEC) is poised to release the results of the May/June 2024 West African Senior School Certificate Examination (WASSCE) today. This announcement...
The Dangote Group has issued a statement to clarify recent reports concerning its crude oil supply arrangements with the Nigerian National Petroleum Corporation (NNPC). Contrary to...
In a surprising turn of events at the Paris 2024 Olympics, Tobi Amusan, the world record holder in the 100m hurdles, was unable to advance to...
