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...
First Bank of Nigeria is charting a bold course for its Pan-African growth strategy with Ethiopia and Angola emerging as...
More manufacturers are opting for captive power as the national grid continues to struggle despite billions being spent on it...
The recent surge in global oil prices has triggered concerns over an impending rise in the cost of refined petroleum...
Bureau De Change (BDC) operators in Nigeria are exploring merger options as a strategy to meet the Central Bank of...
The US dollar rose on Monday to a 14-month high against a basket of major currencies during the Asian trading...
Nigeria Needs to Invest $267bn on Electricity by 2040 The G20’s Global Infrastructure Hub (GI Hub) has called for the investment of $267 billion into Nigeria’s...
Tanzania Hands Mining Company $190 Billion Tax Bill Tanzania sent Acacia Mining Plc a tax bill equal to almost two centuries worth of the gold producer’s...
ECB’s Mersch Says Stimulus Still Needed to Bolster Reflation The European Central Bank can be more “assured” about meeting its inflation goal, but it’s still too...
European Stocks Rebound From Three-Day Decline as Banks Advance Gains in lenders boosted European stocks for the first time in four days, with earnings reports also...
Pound Holds Two-Day Gain Before BOE’s Haldane Speech, GDP Data The pound held a two-day gain versus the dollar as investors waited to see if Bank...
U.K. Factory Production Hits Two-Decade High as Exports Grow U.K. factory production reached a two-decade high last quarter as optimism about export orders swelled to the...
95 Held as Customs Makes N2.5b The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’ Ikeja, Lagos has made N2.5 billion from its anti-smuggling activities and...
Stop Abusing ECOWAS Protocol, Agents Told Importers and clearing agents at the land borders have been urged to stop abusing the ECOWAS Trade Liberalisation Scheme (ETLS)...
Rice Smuggling Thrives in Lagos, Ogun, North Rice smuggling through land borders is still high despite its ban, a report has shown. The commodity, which is...
IMF: Nigeria’s Economic Growth to Overtake South Africa Next Year The International Monetary Fund (IMF) on Monday predicted that the Nigerian economy would expand by 1.9...
