Oil prices settled lower on Tuesday after Israel agreed to a ceasefire deal with Lebanon, reducing oil’s risk premium and...
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has said the bank’s efforts to tame inflation...
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...
India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor...
Nigeria’s central bank is expected to raise interest rates by as much as 500 basis points next month and provide clarity on foreign-exchange management that’s blamed...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of January 23rd, 2024, the dollar...
Dangote Cement, Nigeria’s biggest cement maker, has become the first listed company on the Nigeria Exchange to hit a N10 trillion market capitalisation. It closed trading...
New funding pledges of nearly $900 million ahead of a Eurobond repayment deadline are failing to defend Kenya’s shilling from fresh lows, with analysts forecasting further...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions...
Fitch, one of the leading global credit rating agencies, has said that the Central Bank of Nigeria (CBN) still lacks sufficient foreign exchange (forex) to clear...
The World Bank estimates that there has been a seven percent reduction in extreme poverty in Nigeria and Tanzania due to improved access to internet coverage...
The federal government’s budget deficit is on track to widen as the electricity subsidy to be incurred this year has more than doubled following last week’s suspension of...
The Dangote Petroleum Refinery is poised to supply fuel to approximately 150,000 retail outlets affiliated with the Independent Petroleum Marketers Association of Nigeria (IPMAN). The decision...
