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Economy1 hour ago

Discontent Among Electricity Consumers as Band A Prioritization Leads to Supply Shortages

In Nigeria, discontent among electricity consumers is brewing as Band A prioritization by distribution companies (DisCos) exacerbates supply shortages for...

Mrs. Nneka Onyeali-Ikpe, MDCEO of Fidelity Bank Plc Mrs. Nneka Onyeali-Ikpe, MDCEO of Fidelity Bank Plc
Banking Sector1 hour ago

Fidelity Bank Grows Profit by 131.5% in FY 2023

Leading financial institution, Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in...

Crude Oil Crude Oil
Crude Oil2 hours ago

IEA Cuts 2024 Oil Demand Growth Forecast by 100,000 Barrels per Day

The International Energy Agency (IEA) has reduced its forecast for global oil demand growth in 2024 by 100,000 barrels per...

Dangote Refinery Dangote Refinery
Crude Oil3 hours ago

Federal Government Allows Indigenous Refineries to Purchase Crude Oil in Naira or Dollars

The Federal Government of Nigeria has announced that domestic crude oil refiners and other operators in the sector are now...

Indian Rupee Indian Rupee
Forex3 hours ago

Indian Rupee Plummets to Record Low Against Dollar Amid Regional Turbulence

The Indian rupee found itself on a downward spiral on Tuesday as it plummeted to a historic low against the...

growth growth
Economy3 hours ago

China’s Economic Growth Surges to 5.3% in Q1, But Challenges Loom Ahead

China has kicked off the year with positive economic growth as its gross domestic product (GDP) expanded by 5.3% in...

gold bars - Investors King gold bars - Investors King
Commodities3 hours ago

Citigroup Predicts $3,000 Value Amidst Investor Surge

Citigroup Inc. has predicted that the world’s leading safe haven asset, gold will reach $3,000 per ounce. This announcement comes...

broadband broadband
Technology1 day ago

Nigeria’s Broadband Penetration Stalls at 42.53% Amid Connectivity Challenges

Nigeria’s broadband penetration has stalled at 42.53% as of January, according to the latest report. Subscriptions currently stand at 92.19...

cybercrime - Investors King cybercrime - Investors King
Finance1 day ago

Financial Institutions Lost $12 Billion to Cyberattacks in 20 Years – Says IMF

The International Monetary Fund (IMF) has disclosed that financial institutions worldwide have lost to$12 billion due to cyberattacks over the...

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