Amazon Web Services (AWS), the global cloud computing giant, has announced the acceptance of naira payments for its services. This...
OpenAI has announced the appointment of Adebayo “Bayo” Ogunlesi to its Board of Directors to advance artificial general intelligence (AGI)...
MassChallenge Switzerland opens the call for applications today until March 5 to the 10th edition of its Early-Stage Startup Accelerator program, for...
If the goal of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to increase Nigeria’s crude oil production to 2.1 million...
Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank)...
As Nigerians continue to battle darkness due to frequent collapse of the National Grid, the nation’s Minister of Power, Mr...
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...
As of February 20th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,710 NGN in the black...
Oil prices remained close to three-week highs on Tuesday, buoyed by ongoing tensions in the Middle East and signs of economic recovery in China. Brent crude...
In 2023, foreign loans dominated Nigeria’s capital importation, according to the latest report from the National Bureau of Statistics (NBS). The report reveals that out of...
Nigeria is gearing up to introduce a significant upgrade to its airport security measures with the implementation of biometric clearance gates at international airports by March...
Following a high-level meeting between government officials and major cement manufacturers, consumers across Nigeria can anticipate a significant drop in cement prices with bags expected to...
The Nigerian Naira extended its decline to a record-low of N1,730 against the United States Dollar on the parallel market. This unprecedented depreciation exacerbates the economic...
The Abuja Electricity Distribution Company (AEDC) has issued an ultimatum to 86 government agencies, including the Presidential Villa, owing a collective debt of N47 billion. The...
Nigerian Breweries, a subsidiary of Heineken NV, has faced a setback as it disclosed a $99 million foreign exchange loss in its recent financial report. The...
Tunde Rahman, a senior aide to Nigerian President Bola Tinubu, has said Central Bank of Nigeria (CBN) Governor Olayemi Cardoso must start factoring in the political...
Shares of Barclays Plc surged by 6.9% following the announcement of a monumental £10 billion shareholder payout. The British banking giant’s decision to return such a...
