The World Bank has approved a $1.08 billion financing package for Nigeria to improve basic education, fight malnutrition, and strengthen...
United States President Donald Trump has imposed new tariffs targeting Nigerian exports and other goods from countries with trade surpluses...
President Bola Tinubu has enacted the Investments and Securities Act 2024, officially placing cryptocurrencies and other virtual assets under the...
Femi Otedola, one of Nigeria’s most prominent businessmen and philanthropists, has continued to shape Nigeria’s corporate and energy landscape. As...
Nigeria’s naira appreciated by 0.6 percent against the United States dollar on Wednesday after the Central Bank of Nigeria confirmed...
Diageo Plc has completed the sale of its entire 54.4 percent stake in Seychelles Breweries Limited to Phoenix Beverages Limited...
Business confidence in Nigeria rose to its highest level in 14 months in March, according to data from Stanbic IBTC’s...
First City Monument Bank (FCMB) has informed customers of a temporary disruption affecting its debit card services. The bank disclosed...
The Federal Government has appointed Bayo Ojulari as the new Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC)...
The European stock market experienced a significant decline for the second consecutive day, with the Stoxx 600 index dropping 1.3% by 9:02 a.m. in London. This...
Femi Otedola, chairman of FBN Holdings Plc, has called for banks to curb their extravagant spending and adopt a new windfall tax to regain public trust...
Masayoshi Son, the founder of SoftBank Group Corp., saw his fortune decrease by $2.6 billion in just two days as shares of his technology conglomerate plummeted....
A global stock selloff intensified on Friday as investors grappled with mounting concerns over the health of the US economy and the performance of major tech...
MTN Nigeria Plc has reported a significant foreign exchange net loss of ₦887.6 billion in its operations for the first six months of 2024. This represents...
UAC of Nigeria PLC (“UAC” or the “Group”) has announced ₦5.9 billion profit before tax for the period ended June 30, 2024. Revenue Surge The Group...
International Breweries Plc has announced its unaudited financial results for the period ended June 30, 2024. The report reveals significant financial challenges, with a pronounced increase...
Ecobank Group’s profit before tax rose by 5% year-on-year to $324 million. However, excluding the impact of foreign currency translation due to the strength of the...
FBN Holdings, Nigeria’s oldest financial institution, has doubled its pre-tax profit to a record N411.9 billion in the first half of 2024. This is the bank’s...
Saudi Arabia’s economy has experienced its fourth consecutive quarterly contraction due to continued declines in the oil sector. According to preliminary data released by the General...
