The National Assembly, comprising the Senate and House of Representatives, has expressed concerns over poor and low remittances by Ministries,...
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,...
OPEC January Oil Output Rises, Led by Nigeria Crude oil production from the Organisation of Petroleum Exporting Countries rose in January from an eight-month low as...
Afreximbank Gets New Shareholder African Export-Import Bank has announced the coming on board of Angola-based pan-African conglomerate, Aenergy, as a shareholder, following its successful subscription to...
Equities Shed N54bn as Insurance Stocks Lead Losers The Nigerian stock market on Wednesday halted its bullish run to close negative as equities investors lost N54bn....
Zimbabwe’s New President Eases Land Laws for White Farmers Zimbabwe’s government will allow white farmers to apply for 99-year leases on land, rescinding a policy implemented...
Kenyan Inflation Rate Rises in January Kenyan inflation accelerated for the first month in five in January as corn prices rose and crude costs increased. Consumer...
U.S Private Payrolls Grow by 234,000 in January The new year got off to a strong start for job creation, with businesses adding 234,000 in January,...
South Africa Trade Surplus Rises to Record High South Africa recorded its largest trade surplus in almost three decades in December following the drop in the importation...
Euro-zone Inflation Rate Dips in January Euro-area inflation rate dipped slightly in January, even with the strongest economic growth in over a decade. The consumer prices...
Inflation Stays Subdued in Australia The Australian inflation number remained below expectation in the final quarter of 2017, highlighting the challenges faced by the Reserve Bank...
Agric Sector Records 3% Growth The Director-General, Budget Office of the Federation, Ben Akabueze, has revealed that despite the economic downturn fuelled by recession, the agricultural...
