Nova Commercial Bank has petitioned the Federal High Court in Lagos to grant an order winding up Sunrise Products Limited...
The Nigerian Communications Commission (NCC) is set to publicly name 18 banks that owe a combined debt of ₦200 billion...
Chinese oil companies and private refiners have started increasing crude oil purchases from the Middle East, Africa and the Americas...
Chinese officials consider Elon Musk a potential buyer for TikTok’s US operations if the company fails to fend off the...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting persistent challenges in the country’s...
Members of the Lagos State House of Assembly have impeached Speaker Mudashiru Obasa, accusing him of multiple frauds. The lawmakers...
Crude oil production rose to 1.51 million barrels per day (bpd) in Africa’s largest economy in December 2024, the highest...
Nigeria’s upcoming GDP rebasing is set to reshape the nation’s economic narrative, with emerging sectors such as fintech, digital services,...
Nigeria secured $7.6 billion in investment interests at the just concluded Africa Investment Forum (AIF) held in Rabat, Morocco, in...
Banks’ NPLs to Drop This Year, Says FSDH Improvement in Nigeria’s macroeconomic environment will reduce the Non-Performing Loans of deposit money banks this year, FSDH Research...
Power Tariff Shortfall Hits N420bn in Two Years The total shortfall in the amount of electricity tariff payable by consumers to the power sector between January...
Unity Bank Unveils Mobile Banking Options Unity Bank has rolled out its Unstructured Supplementary Service Data short code: *7799# in order to enhance customer access to...
Eagles World Cup Kits Unveiled The Super Eagles’ new kits for the Russia 2018 World Cup were unveiled by Sports manufacturers Nike in London on Wednesday....
FG Borrows $300m from Nigerians Abroad The Federal Government borrowed $300m from Nigerians in the Diaspora before it secured the approval of the National Assembly, the...
Ekiti Landlords Protest Outrageous Billing by BEDC The Ekiti State Landlords Electricity Consumers’ Association has declared a war on the Benin Electricity Distribution Company over “outrageous...
BDCs Canvass NFIU’s Autonomy Bureau De Change operators under the aegis of the Association of Bureaux De Change Operators of Nigeria say the body is worried...
US Solar Industry Loses 10,000 Jobs The United States solar industry lost nearly 10,000 jobs last year, led by steep losses in mature markets like California...
Profit-taking Hits Stock Market, Investors Lose N121.5bn The Nigerian stock market closed in losses on Wednesday resulting in equities investors losing N121.5bn. The market shrank for...
Rising US Shale to Keep Oil Prices Below $70 Oil prices would likely be below $70 per barrel this year, as the growing United States onshore...
