Infinity Trust Mortgage Bank Plc has announced that it has received a two-year extension from NGX Regulation Limited to comply...
Operatives of the Economic and Financial Crimes Commission have arrested popular Lagos socialite and businessman, Emeka Okonkwo Daniel, popularly known...
Nigeria’s fiscal challenges deepened in January 2025 as the Federal Government’s retained revenue plunged by 69.19 percent compared to December...
The Central Bank of Nigeria (CBN) on Monday introduced new compliance measures mandating full documentation of export proceeds exceeding $2,000...
Nigeria’s efforts to diversify its economy away from crude oil dependency recorded a major milestone in the first quarter (Q1)...
Unilever Nigeria Plc grew profit after tax by 67.3% to ₦5.55 billion in the first quarter (Q1) of 2025 from...
Mastercard has introduced stablecoin payment options for merchants as the company moves to seize opportunities in the cryptocurrency space. In...
As of Tuesday, April 29, 2025, the Nigerian Naira continues to experience fluctuations in the foreign exchange market, particularly within...
Union Bank of Nigeria Plc is grappling with the fallout of a major internal breach that led to the unauthorized...
Egypt has secured a preliminary agreement with the International Monetary Fund (IMF) that should help unlock the next disbursement of the North African nation’s $8 billion...
South Africa’s economy is grappling with a new wave of uncertainty as the nation faces political turmoil following its recent elections. The country’s gross domestic product...
Nvidia has surpassed Apple in market capitalization as its dominance in the artificial intelligence (AI) sector continued to fuel interest in the company. On Wednesday, Nvidia’s...
The price of liquefied petroleum gas (LPG), commonly known as cooking gas, has experienced a remarkable drop in Nigeria. This reduction comes as a direct consequence...
Despite ongoing complaints about inadequate electricity supply from consumers and mounting concerns over outstanding debts owed to power generation companies, Nigeria’s power distribution companies (Discos) have...
The ambitious plans for constructing modular refineries across Nigeria, aimed at bolstering domestic refining capabilities, are encountering significant roadblocks due to apprehensions surrounding crude oil supply...
The Nigerian government announced plans to borrow an additional N7.24 trillion in 2024 to finance an ambitious intervention plan aimed at reviving the nation’s economy. This...
Oil prices experienced an upward trend on Thursday, driven by growing expectations that the U.S. Federal Reserve might cut interest rates in September. This optimism, however,...
The Nigerian equities market rebounded with a 0.24 percent gain on Wednesday following two consecutive losses recorded earlier in the week. The Nigerian Exchange Limited (NGX)...
Turkish Airlines is venturing into the manufacturing of aircraft components, including seats and engine parts. This initiative aims to leverage the airline’s substantial order book of...
