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...
We are pleased to announce that the Central Bank of Nigeria has approved the framework for the merger between Providus Bank Limited and Unity Bank Plc,...
Oil prices experienced a notable decline on Monday amidst a turbulent global stock market selloff. However, the drop in prices was tempered by concerns over potential...
Despite the gradual reopening of businesses across Nigeria as protests ease in Africa’s most populous nation, the equities market opened the new week on a negative...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has made a significant addition to the global oil market with the introduction of a new crude oil...
In a strategic response to the continued depreciation of the naira and the resultant financial turbulence, MTN Nigeria Communications Plc and Airtel Africa Plc have significantly...
A recent report by PricewaterhouseCoopers (PwC) has revealed that corporate deals between privately held businesses and investors have plummeted to their lowest level in eight years....
Two students accused of hacking into MTN Nigeria Communication’s computers and unlawfully obtaining airtime and data worth N1.9 billion have been granted bail. The students, Timothy...
Global stocks showed a strong rebound on Tuesday following a tumultuous day driven by US recession fears, which had sent investors scrambling and caused a global...
The Naira appreciated by N9.93 against the United States dollar on Monday to N1,607.15 at the official market. This gain represents a 0.61 percent increase from...
The tax authorities in Osun and Delta states have levied hefty fines on tech giants Google Nigeria and Meta Platforms, Inc., amounting to $150 million and...
