Nova Commercial Bank has petitioned the Federal High Court in Lagos to grant an order winding up Sunrise Products Limited...
The Nigerian Communications Commission (NCC) is set to publicly name 18 banks that owe a combined debt of ₦200 billion...
Chinese oil companies and private refiners have started increasing crude oil purchases from the Middle East, Africa and the Americas...
Chinese officials consider Elon Musk a potential buyer for TikTok’s US operations if the company fails to fend off the...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting persistent challenges in the country’s...
Members of the Lagos State House of Assembly have impeached Speaker Mudashiru Obasa, accusing him of multiple frauds. The lawmakers...
Crude oil production rose to 1.51 million barrels per day (bpd) in Africa’s largest economy in December 2024, the highest...
Nigeria’s upcoming GDP rebasing is set to reshape the nation’s economic narrative, with emerging sectors such as fintech, digital services,...
Nigeria secured $7.6 billion in investment interests at the just concluded Africa Investment Forum (AIF) held in Rabat, Morocco, in...
Stanbic IBTC Pension Pays Over N300bn to Retirees Over N300bn has been paid out by Stanbic IBTC Pension Managers to retirees under the Contributory Pension Scheme...
SEC to Issue Technology Regulations for Capital Market The Securities and Exchange Commission has said it will soon come out with regulations that will guide technology...
Libya’s PM Says Conditions for Elections not Yet Ripe: Paper Conditions in Libya are too unstable to hold elections, Prime Minister Fayez Seraj was cited as...
U.S. Producer Prices Post First Drop in One-and-a-half Years U.S. producer prices unexpectedly fell in August, recording their first drop in 1-1/2 years, as declines in...
Chinese Rui Group Invests $2bn in Nigeria’s Cotton Industry Federal government’s efforts at deepening growth and diversifying the economy has started paying off, according to the...
Chinese Companies Relocate to Dodge Trump’s Tariffs A growing number of Chinese companies are adopting a crafty way to evade US President Donald Trump’s tariffs: remove...
Fayose Softens EFCC, to Submit Self With less than 35 days to vacate the government house, Ekiti governor Ayodele Fayose, has prepared to submit self to...
US-Iran Disagreements, US Crude Inventories Pushes Crude Oil to $79 Oil price rose above $79 a barrel on Wednesday after a report of declines in U.S....
NERC Puts Power Sector Q1 Shortfall at N112 Billion The Nigerian Electricity Regulatory Commission (NERC) has put the total financial shortfall recorded by Nigeria’s electricity market...
Ambode Fights Back, Moves to Neutralise Mandate Group The political intrigues shaping the governorship race in the ruling All Progressives Congress (APC) in Lagos State intensified...
