The Organisation of the Petroleum Exporting Countries (OPEC) has said its crude oil production dropped by 120,000 barrels per day...
Lagos State Governor, Babajide Sanwo-Olu, will today sign the state’s historic N3.3 trillion 2025 appropriation bill into law at Lagos...
The pound fell 0.7% against the US dollar on Thursday to $1.2280 as growing concerns over the British fiscal outlook...
The global banking sector is predicted to experience significant job cuts amid the rising interest in artificial intelligence (AI) and...
Cocoa futures dropped to their lowest levels in more than a week as traders reassessed their positions following regulatory adjustments...
The Grimaldi Group has launched the first-ever direct shipping service connecting Shanghai, China to Lagos, Nigeria. The new service is...
OpenAI CEO Sam Altman has denied allegations of childhood sexual abuse filed against him by his sister, Annie Altman, in...
The China Development Bank (CDB) has approved a €245 million ($254.76 million) loan to support the construction of Nigeria’s Kano-Kaduna...
Nigeria’s foreign exchange reserves increased by $591.78 million in the month following the government’s $2.2 billion Eurobond auction. Data from...
PenCom Reviews Investment Regulations The National Pension Commission has reviewed the regulations of investment of pension funds. In the reviewed regulations, PenCom stated that the Pension...
New Vehicle Imports Fall by 90 Percent Only 350 new vehicles were imported by Nigerian auto firms in the first quarter of this year, which shows...
$1.2bn Debt: Etisalat Loses 2.9 Million Subscribers Etisalat Nigeria’s $1.2bn debt burden may have taken a toll on its operations as over 2.9 million subscribers left...
China Stocks Rise as PBOC Injects Funds; Hong Kong Edges up China’s main stock indexes extended gains on Friday morning, as the People’s Bank of China...
Forex Weekly Outlook May 15-19 The US economic data released last week showed the economy is growing at a steady pace ahead of the next Federal...
FG Pumps $500m into NSIA as Osinbajo Inaugurates New Board Acting President Yemi Osinbajo yesterday in the Presidential Villa, Abuja inaugurated the new board of the...
Ethiopian Airlines Leads Singapore’s Charm Offensive in Nigeria The Singapore Tourism Board recently showcased delights awaiting Nigerian tourists in the Southeast Asian country at an event...
Threat by Released B’Haram Suspect Puts Prisoner Swap Deals in Jeopardy A threat by one of the recently swapped Boko Haram leaders to launch attacks on...
Emirates Records $670m Profit Amid Downturn The Emirates Group says it has recorded 29th consecutive year of profit and steady business expansion, despite a turbulent year...
GE Plans 2GW Hydroelectric Power in Nigeria The General Electric is planning to install hydroelectric plants that will generate additional two gigawatts of electricity in the...
