Some workers of the Nigerian National Petroleum Company Limited (NNPCL) have stirred up a hornet’s nest over the claim by...
Japaul Gold and Ventures Plc has signed a N26 billion sand mining contract with Gravitas Investment Limited to mine 3.5...
MTN Nigeria to raise N50 billion from the capital market through the issuance of Commercial Paper Notes under its N250...
After years of laying fallow, the Port Harcourt Refinery has begun production and distribution of petroleum products, Premium Motor Spirit...
A former Governor of Kogi State, Yahaya Bello is in the custody of the Economic and Financial Crimes Commission (EFCC)...
The Nigerian Naira dipped by N2 against the United States Dollar on Tuesday at the parallel market popularly known as...
The Nigeria Deposit Insurance Corporation (NDIC) has explained the reason for the delay in the reimbursement of the insured deposit...
The Nigerian Electricity Regulatory Commission (NERC) has accused distribution companies and customers of being indifferent to the meter upgrade announcement...
President Bola Ahmed Tinubu has expressed confidence in his administration’s commitment to transform the Nigerian economy into a $1 trillion...
Nigeria is gearing up to introduce a significant upgrade to its airport security measures with the implementation of biometric clearance gates at international airports by March...
Following a high-level meeting between government officials and major cement manufacturers, consumers across Nigeria can anticipate a significant drop in cement prices with bags expected to...
The Nigerian Naira extended its decline to a record-low of N1,730 against the United States Dollar on the parallel market. This unprecedented depreciation exacerbates the economic...
The Abuja Electricity Distribution Company (AEDC) has issued an ultimatum to 86 government agencies, including the Presidential Villa, owing a collective debt of N47 billion. The...
Nigerian Breweries, a subsidiary of Heineken NV, has faced a setback as it disclosed a $99 million foreign exchange loss in its recent financial report. The...
Tunde Rahman, a senior aide to Nigerian President Bola Tinubu, has said Central Bank of Nigeria (CBN) Governor Olayemi Cardoso must start factoring in the political...
Shares of Barclays Plc surged by 6.9% following the announcement of a monumental £10 billion shareholder payout. The British banking giant’s decision to return such a...
Capital One Financial Corp. has announced its intention to acquire Discover Financial Services in a $35 billion deal. This strategic acquisition positions Capital One as the...
Nigeria’s unemployment rate surged to 5.0% in the third quarter (Q3) of 2023, representing an increase of 0.8% from the previous quarter, according to recent statistical...
As of February 19th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,650 NGN in the black...
