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...
Ghana Cuts Key Rate to Lowest Since 2015 as Inflation Slows Ghana’s central bank reduced its key interest rate for a third straight meeting as consumer...
Pound Rises 2nd Day Even as IMF Downgrades U.K. Growth Forecast The pound advanced for a second day versus the dollar as investors looked past the...
Euro Halts Advance as Carmakers Weigh on Stocks The euro headed for its first decline in three days as data showed the region’s economy cooling at...
Euro Area Economy Grows at Slowest Pace in Six Months Growth in the euro-region economy started the third quarter at the weakest pace in six months...
Global Oil Demand Remains Healthy The Organization of Petroleum Exporting Countries, OPEC, meeting in St. Petersburg Russia has said global oil demand remains healthy on a...
IMF Revises Down U.K. Growth Forecast The International Monetary Fund cuts its 2017 growth forecast for the United Kingdom following weaker than expected first quarter data....
Fresh Hurdles for 9mobile The last few months, if you will, have been very eventful for Emerging Markets Telecommunication Services Limited (EMTS) which previously traded as...
Cross River Commences Cotton Cultivation, to Make First Harvest November As part of the backward integration policy of Prof. Ben Ayade’s administration, Cross River State Government...
Banks Battling to Meet IFRS 9 Deadline, Says CBN With less than six months to the implementation of the International Financial Reporting Standards 9 (IFRS-9) deadline,...
Elumelu Urges African Leaders to Tackle Rising Unemployment The Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu, has called on...
