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...
CBN Licenses 366 New BDC Operators The Central Bank of Nigeria issued new operational licences to 366 Bureau De Change operators between January 2018 and May...
Wizkid’s Nike Jersey Sold Out in 10 Minutes Nigerian Afro pop star Ayodeji Balogun a.k.a Wizkid is on top of the world as his new creation...
BoI, CEXIM seal $500m Pact for Refineries, Gas Recovery The Bank of Industry (BoI), and the Export-Import Bank of China (CEXIM), have signed a Memorandum of...
NCC, CPC Investigate Teleco Sector The Nigerian Communications Commission (NCC) and the Consumer Protection Council (CPC), yesterday in Abuja, inaugurated a joint investigative committee for consumer...
ATCON Faults CBN Over $8.1b Refund Order to MTN The Association of Telecoms Companies of Nigeria (ATCON) has faulted the order to refund $8.1billion handed to...
New Zimbabwe Finance Minister Wants to Clear World Bank Arrears Zimbabwe’s new Finance Minister said on Monday he would accelerate the country’s plan to pay arrears...
Oil up as U.S. Drilling Stalls, Iranian Sanctions Bite Oil prices rose on Monday as U.S. drilling stalled and investors anticipated lower supply once new U.S....
SpaceX Launches Telstar 18V into Orbit SpaceX launched the second largest communications satellite, Telstar 18 Vantage, into geostationary transfer orbit on Monday. SpaceX Falcon 9 lifted...
China Devt Bank, Afreximbank in $500m Agreement to Support Africa’s Trade Infrastructure The China Development Bank (CDB) has signed an agreement with the African Export-Import Bank...
Moody’s: Nigerian Banks May Resume Expansion in Africa Following an improvement in their asset quality as well as the increased foreign currency liquidity in the banking...
