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...
As of January 31st, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1430 NGN in the black...
Global logistics giant UPS has announced its decision to cut 12,000 jobs or 2.4% of its extensive 500,000-strong global workforce. The decision comes as UPS seeks...
In recent years, online platforms have transformed the rhythm of trading. It’s almost like a new dance, where the moves are quicker, and the music never...
Amidst a backdrop of severe dollar scarcity in Nigeria, the Naira has plunged to a record-low of N1,460 against the US dollar at the black market....
The Central Bank of Nigeria (CBN) has completed the payment of all verified foreign exchange (FX) claims owed to airlines. The latest disbursement, totaling $64.44 million,...
Russia, in a new push to expand its influence in Africa, is recruiting for an armed force to replace the Wagner group’s mercenaries across the continent....
Flour Mills of Nigeria Plc (FMN) grew profit before tax by 29% to N8.5 billion in the third quarter (q3) ended December 31, 2023. According to...
Amidst a wave of controversy and mixed sentiments, the Central Bank of Nigeria (CBN) is forging ahead with its plan to redeploy approximately 1,500 staff members...
Despite the Central Bank of Nigeria’s (CBN) injection of $500 million to address the backlog of verified foreign exchange transactions, the Nigerian Naira plummeted to a...
As geopolitical tensions mount in the wake of the deadly attack on American troops in Jordan, the global oil market braces for potential ramifications, with Brent...
