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...
The Nigerian Exchange Limited (NGX) continued its bearish trend last week as investors lost another N1.826 trillion following the N1.989 trillion loss recorded in the previous...
Bitcoin, the world’s most dominant cryptocurrency, rose to $64,248 per coin in the early hours of Monday as demand for exchange-traded funds (ETF) continued to grow....
Oil prices saw a modest uptick on Monday following the announcement of OPEC+ extending voluntary output cuts until the end of the second quarter. The decision...
The Central Bank of Nigeria (CBN) has revoked the operational licenses of 4,173 Bureaux De Change (BDC) operators across the country. This action comes as the...
A series of videos posted by @fijnigeria on Twitter has sparked outrage and raised serious questions about corruption within Nigeria’s Customs agency. The footage captures IBD...
The Nigerian government has levied a historic $10 billion fine against the cryptocurrency trading platform, Binance, citing its alleged role in the nation’s forex crisis. The...
Amidst Nigeria’s persistent power crisis, the Federal Government has taken a pivotal step forward by clearing a significant portion of its debt to gas companies. A...
OPay, a prominent financial services firm, has called upon its customers to finalize the verification of their accounts by linking their Bank Verification Numbers (BVN) or...
Lafarge Africa’s Board of Directors has recommended a dividend payout of N30.60 billion for the year ended December 2023, a reduction from the previous year’s dividend....
At a time of renewed geopolitical interest in Africa, and an increasing questioning of traditional development finance models, Harvard Business School today released a case study...
