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...
The European Union has successfully negotiated a €50 billion financial support package for Ukraine following Hungarian Prime Minister Viktor Orbán’s decision to rescind his veto on...
Airtel Africa, one of Africa’s leading telecommunications giants, grew its customer base by 9.1% to 151.2 million, see complete details below. This significant expansion reflects the...
Billionaire Femi Otedola, Chairman of Geregu Power Plc, stands to earn N15.728 billion in dividends for the 2023 financial year following Geregu’s announcement of a final...
BUA Foods, a leading Food and Fast-moving consumer goods (“FMCG”) grew revenue by 74% from N418.348 billion in 2022 to N728.477 billion in the year ended...
The Nigerian Exchange Group experienced its most substantial single-day decline in January, shedding a N1.07 trillion on Wednesday. This sharp dip is the third consecutive decline...
The Central Bank of Nigeria (CBN) has issued a directive ordering Deposit Money Banks (DMBs) to divest their surplus dollar holdings by February 1, 2024. This...
FBN Holdings has appointed Femi Otedola as its new Chairman of the Board of Directors, eliciting applause from shareholders and industry observers alike. The billionaire businessman’s...
Oil prices edged up on Thursday, supported by signals from the U.S. Federal Reserve on a possible start to rate cuts and as China unveiled new...
Nigeria’s naira dropped to a record low against the dollar on the official market on Tuesday, FMDQ Exchange data showed on Wednesday, slipping below rates on...
As of February 1st, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1510 NGN in the black...
