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,...
U.K. House-Price Gains Are Slowing Again U.K. house-price gains slowed in July, dropping back below 3 percent again in what Nationwide Building Society says is a...
Euro-Area Economy Steams Ahead as ECB Waits for Inflation The euro-area economy expanded apace in the second quarter, a sign the bloc’s upswing is becoming increasingly...
Euro Halts Bullish Rally as Traders Eye $1.1850 Resistance The euro plunged for the first time this week against the US dollar as traders refrained from...
Foreign Reserves Near Three-month High at $30.8b The foreign exchange reserves have risen to an almost three-month high of $30.74 billion, latest Central Bank of Nigeria...
Heritage Bank Eyes 1, 000 Agent Banking Partners Heritage Bank Plc, has taken steps to support the Central Bank of Nigeria (CBN’s) initiative to curb the...
Canon to Create Jobs, Promote Skills Acquisition A leader in imaging and business solutions, Canon, has said it will complement Federal Government’s efforts at creating jobs...
About 80 per cent of cargoes landing at Apapa Ports, Lagos would be freighted by the railway by December, the Minister of Transportation Mr Rotimi Amaechi...
Oil Hits two-month High at $53 Oil prices hit a two-month high yesterday – thanks to a tightening United States (U.S.) crude market and the threat...
NCC: 90% of Nigerian ISPs Dead About 90 per cent of Internet Service Providers (ISPs) in Nigeria are dead, the Nigerian Communications Commission (NCC), has said....
Naira Closes Lower Despite Intervention, N365/$ The Nigerian Naira closed lower against the United States dollar on the parallel market on Monday, despite the Central Bank...
