The Nigerian Exchange Limited (NGX) sustained its downward trend on Tuesday as investors lost N269 billion amidst subdued trading activities. This decline represents the third consecutive...
The Nigerian Electricity Regulatory Commission (NERC) has given the green light for the upgrade of 60 additional feeders for the Eko Electricity Distribution Company (EKEDC), bringing...
Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) paid a sum of $1.09 billion in corporate taxes...
Tensions escalated in the bustling Wuse Zone 4 Market as operatives from the Economic and Financial Crimes Commission (EFCC) conducted a raid targeting Bureau De Change...
Nigeria has unveiled plans to offer 12 oil blocks and 5 deep offshore assets to global investors. The announcement was made during the ongoing 2024 Offshore...
In a significant development for Nigeria’s corporate landscape, several major companies have begun to settle their long-standing dollar debts following the Central Bank of Nigeria’s (CBN)...
Ghana’s Supreme Court is set to commence hearings on a case that threatens the country’s $20 billion debt restructuring deal while simultaneously testing the World Bank’s...
The global oil declined today as Brent crude prices plummeted below $83 per barrel, its lowest level since mid-March. This steep decline comes amidst a confluence...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 8th, 2024 stood at...
Binance CEO, Richard Teng, has made startling allegations against Nigerian officials, claiming they sought a $150 million bribe to resolve a legal dispute involving the cryptocurrency...