The Federal Government finds itself embroiled in a fierce backlash following its decision to implement a 240% increase in electricity tariffs, particularly for Band A consumers....
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, is set to stand trial over allegations of massive irregularities in forex allocations totaling $2 billion. The...
Mark Zuckerberg, the CEO of Meta Platforms Inc., has surpassed Elon Musk to claim the coveted third position, according to the Bloomberg Billionaires Index. This is...
Zimbabwe has announced the launch of a new currency called ZiG, backed by a combination of gold and foreign reserves. This decision represents a significant shift...
Options trading offers traders the opportunity to profit from fluctuations in stock prices without owning the actual shares. However, success in this dynamic market requires more...
African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria. This product, branded as ‘Afreximbank Tradelink,’ is...
Nigerian Breweries Plc has revealed plans to raise N600 billion through a rights issue to strengthen its capital base and address financial challenges exacerbated by currency...
As economic landscapes continue to evolve, Brent crude oil prices are teetering on the brink of $90 per barrel following the decision by the Organization of...
As investors continue to monitor the Federal Reserve’s monetary policy outlook, gold has surged to a fresh record high of $2,300 per ounce. The precious metal’s...
Egypt has initiated liquefied natural gas (LNG) purchases to mitigate potential supply shortages anticipated during the scorching summer months. The move is rare for a country...