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...
VAIDS Office Writes Tax Defaulters The Voluntary Assets and Income Declaration Scheme office in the Federal Ministry of Finance has identified thousands of tax defaulters across...
Nigeria’s Security Situation Remains Sensitive – Shell Global oil and gas giant, Royal Dutch Shell, has said the security situation in Nigeria, where it is the...
Global Foreign Direct Investment Slips to $1.52tr Global flows of foreign direct investment (FDI) fell by 16 per cent in 2017, to an estimated $1.52 trillion,...
‘Customs Strike Force to Block Revenue Leakages’ The Nigeria Customs Service (NCS) yesterday established a Customs Strike Force Team to block revenue leakages. The new team...
Dangote Pays N5b Premium to Insurers in 2016 Dangote Industries Limited paid over N5 billion as insurance premium in 2016 to insurance companies that insured its...
U.K. Manufacturing Sector Slows in January The U.K. manufacturing sector expanded at a slower pace in January, following increased in price pressures. The Manufacturing Purchasing Managers’...
Euro-zone Manufacturing PMI Ease in January The Euro-area manufacturing sector eased from near record high in January, according to the IHS Markit report. Manufacturing Purchasing Managers’ Index...
African Tech StartUps Raise $195 Million Africa’s tech revolution is picking up speedily with 2017 proving the best year on record for the continent’s tech startups...
Facebook Reports SME Revenue Rise on Its Platform Facebook, in its recent Economic Impact Study, revealed the growing importance of digital platforms to small and medium...
Osinbajo: Nigeria to Spend $3.1bn on Identity Mgt Infrastructure The Vice President, Prof. Yemi Osinbajo, has said that the federal government will spend about $3.1billion in...
