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...
Chinese Firms Eye Animation Film Production in Nigeria Nine Chinese firms are seeking collaboration with Nigerian firms, including telecommunications companies and Internet operators, for the production...
NSE Capitalisation Sheds N72bn as Market Opens on Bearish Note The equities market opened on a bearish note yesterday with the market capitalisation declining by N72.1...
ECB Cuts Asset Purchase Program to 30 billion Euro The European Central Bank reduced its bond-buying program to 69 percent in January, the first full month...
Bitcoin Selloff Accelerates as Credit-Card Issuers Extend Ban Bitcoin declined for a fifth day, breaking below $7,500 and leading other digital tokens lower, as Lloyds Banking...
Banking Sector: 462m Transactions Done in Q4 2017 The Nigerian banking sector carried out a total of 461,980,541 transactions in the final quarter of 2017, according...
Business Activity Grew at Slower Pace Across Africa in January Business activities grew at a slower pace in most African nations surveyed by Stanbic Bank in...
U.K. Services Expands at 16-Month Low The U.K. services sector expanded at the slowest rate since September 2016 in January, following the drop in new orders...
Germany Services PMI Hits 7-year High Germany’s services activity rose to a record high in January as surged in demand fueled business growth and job creation...
Nissan to Invest $9 Billion in China in Race for EV Dominance Nissan Motor Co. intends to spend 1 trillion yen ($9 billion) over five years...
Global Stock Plunges on Rising Rates Equities in Asia declined further, extending the biggest selloff in almost two years as investors continued to adjust to the...
