The Central Bank of Nigeria (CBN) has reaffirmed that the standard ₦100 banknote remains legal tender across the country, warning individuals, businesses and financial institutions against...
Dangote Industries Limited has commenced preliminary development activities for its planned 700,000-barrel-per-day oil refinery in Kenya. The project, which will be located in Lamu on Kenya’s...
Gold prices declined on Thursday as rising U.S. Treasury yields and renewed inflation concerns reduced demand for the precious metal, offsetting support from heightened geopolitical tensions...
Oil prices extended their rally on Thursday with Brent crude oil climbing above $78 per barrel as renewed geopolitical tensions in the Middle East reignited concerns...
The Dollar to Naira exchange rate in the Nigerian black market, also known as the parallel market, recorded a slight increase on Thursday as demand for the...
The Nigerian stock market continued its bullish momentum on Wednesday with investors gaining ₦3.45 trillion as sustained buying interest in large-cap stocks pushed the Nigerian Exchange...
ProvidusUnity Bank, in partnership with US-based global venture firm and accelerator, gener8tor, has announced the launch of Nigeria Lightning Rounds, an initiative designed to expand funding...
UTM Offshore Limited has secured a 15-year gas supply agreement for its proposed $3 billion Floating Liquefied Natural Gas (FLNG) project. The agreement provides the long-term...
Global oil prices moved higher on Wednesday as renewed geopolitical tensions in the Middle East heightened concerns over potential disruptions to crude supplies. Brent crude oil,...
Xenergi Plc has commenced a mandatory takeover offer to acquire up to 2 million ordinary shares of Premier Paint Plc at ₦38.00 per share following its acquisition...