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...
American multinational phone brand, Motorola, is re-exploring the Nigerian mobile market, though this time, with advanced technology. The phone brand which was last seen in the...
Union Bank Grows Profit to ₦9.2bn in H1 2017 Union Bank of Nigeria has posted a 23 per cent growth in gross earnings for the half...
Senate Withdraws Report Acquitting MTN of Forex Transfers The Senate has withdrawn a report that largely exonerated MTN Nigeria of accusations of illegally repatriating $14bn and...
7-UP Posts N2.45bn Q1 Loss, e-Tranzact Profit Dips 7-UP Bottling Company Plc has reported a loss of N2.45bn for the first quarter of 2017. This represents...
Nigeria Ranks Eighth in Global Internet Growth With 91 million Internet users, Nigeria ranks first in Africa and eighth in the world in terms of Internet...
NBS, PEF Probe Daily Petrol Consumption The National Bureau of Statistics and the Petroleum Equalisation Fund on Friday commenced investigations to ascertain the actual volume of...
N8.94bn debt: Contractor Suspends Work on Lagos-Ibadan Expressway The contractor handling the reconstruction and expansion works on the Lagos-Ibadan dual carriageway, Section II, along Shagamu-Ibadan, with...
US Economy Expands 2.6% in 2Q The U.S. economy rebounded in the second quarter following pickups in consumer and business spending. The economy expanded 2.6 percent...
Gloom Gripping South African Economy Spilling Over Into Banks Barclays Africa Group Ltd. just delivered further proof that South Africa’s economy won’t be climbing out of...
U.K. Consumer Confidence Drops Back to Post-Brexit Vote Low Sentiment among U.K. households dropped this month to match the weakest reading since just after the Brexit...
