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...
‘Airports Recorded 4.9% Decline in Passenger Traffic in Q2’ The number of air passengers dropped by 4.9 per cent from 3.85 million in the first quarter...
Power Firms Fail to Provide Meters for 58% of Customers Electricity consumers have expressed disappointment as nine of the 11 power distribution companies in the country...
We’ll go After Billionaire Tax Defaulters – FIRS The Federal Inland Revenue Service will soon go after the bank accounts of defaulting taxpayers, who are raking...
ENL, Chinese Firms to Move Cargoes Using Barges As part of efforts to find a lasting solution to the perennial gridlock in Apapa, the ENL Consortium,...
Egypt’s Foreign Debt Rises to $92.64 Billion Prime Minister Mostafa Madbouly has said Egypt’s foreign debt rose from $88.2 billion at the end of March 2017...
US Creates More Jobs than Expected in August The world’s largest economy, U.S., added more jobs than expected in August as businesses were said to be optimistic despite...
China Exports to Nigeria Hit $75bn; Nigeria’s just $9.6bn Recently calculated total exports to Nigeria from China amounted to about $75 billion while on the Nigerian...
With Weak Appetite for Bonds, Foreign Investors Embrace Treasury Bills Nigeria’s investment climate recorded a mixed performance in the month of August in line with global...
Germany’s Business Success Keys Revealed During Chancellor Merkel’s Visit As President Muhammadu Buhari met with Chancellor Angela Merkel behind closed doors last week, a lively business...
FMDQ: Investors Splash N99.5tn on Short-term Instruments Investors desirous of quick gains from their investments have invested about N99.50trillion in short-term money market instruments in seven...
