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...
Inflation Hits Low Bar Draghi Set as Stimulus Debate Gets Closer Mario Draghi kept expectations low for inflation this summer, and July’s number is proving him...
Miners Drive South African Stocks to Record High as Kumba Gains South Africa’s benchmark stock index advanced to a record Monday, joining a global rally as...
HSBC Earnings Beat Estimates HSBC Holdings Plc beats analysts’ prediction in the second quarter of the year, following the decision of the outgoing Chief Executive Officer...
Asia Raw-Material Producers Gain as Resources Jump Asian raw-material producers advanced after a surge in commodity prices bolstered optimism the global economy can gather momentum. Oil...
Oil Surges Above $50 as Producers Set to Meet Global oil prices climbed above $50 a barrel for the first time since May after OPEC announced...
China’s Factory Output Slows in July The activities of companies in China were affected by the authority’s decision to curb financial risks. Data released on Monday...
Innoson Sues GTBank for N400billion Over Defamation The chairman/chief executive of Innoson Nigeria Limited, Chief Innocent Chukwuma and the company have filed a fresh lawsuit against...
Japan Leads in Fish Market Japanese fish exporters have taken over the nation’s market, hitherto dominated by Norwegian mackerel. Investigation revealed that there is a lull...
The African Development Bank (AfDB) will invest $24 billion in agriculture as part of its Feed Africa programme – a strategy for agricultural development in Africa....
Euro Global Expands Market Terrain Euro Global Distilleries, a subsidiary of Sona Group conglomerate, has expanded its market territories with a view to make its products...
