Cocoa futures dropped to their lowest levels in more than a week as traders reassessed their positions following regulatory adjustments...
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...
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...
The manufacturing sector is facing a severe crisis following the Central Bank of Nigeria’s (CBN) delay in settling $2.4 billion worth of foreign exchange forward contracts....
The Nigerian Exchange rebounded on Thursday with market capitalisation soaring to N55.709 trillion. This increase was propelled by gains in key stocks, particularly Unilever Nigeria and...
Zarma Mustapha, Deputy President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has reassured the public that the Port Harcourt Refinery is poised to meet...
The recent withdrawal of pharmaceutical giant GlaxoSmithKline (GSK) from the Nigerian market has triggered a significant increase in antibiotic prices, creating a ripple effect across the...
The newly operational Dangote Refinery is poised to make significant waves in Europe’s oil industry, according to the latest report from the Organization of Petroleum Exporting...
Adebayo Adelabu, Nigeria’s Minister of Power, has announced a significant milestone in the nation’s energy sector, declaring a 25% increase in power generation within a year...
Africa’s largest oil refinery, the Dangote Refinery, has raised concerns over the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) failure to enforce domestic crude supply obligations. This...
Nigerians are grappling with an unprecedented surge in the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, which has risen to N1,250 per...
Oil prices saw a slight increase in Asian trade on Friday as tensions in the Middle East intensified and U.S. jobs data provided a boost to...
