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...
The Central Bank of Nigeria (CBN) has disclosed that it injected a total of $1.25 billion into the oil sector...
The Pension Fund Operators Association of Nigeria (PenOp) has reported a 91% decline in the amount allocated for Real Estate...
The Dollar to Naira exchange rate remains a central topic in Nigeria’s financial landscape, reflecting ongoing foreign exchange challenges and...
The All Progressives Congress has denied threatening the life of the Presidential candidate of the Labour Party in the 2023...
Nigerian Governors who are yet to implement the approved N70,000 minimum wage have been criticised by the Director General of...
Few Interest Groups Lock Down Oil Sector Nigeria’s oil and gas sector has been under the control of a few interest groups who have locked it...
2016 budget: N1.2tn Released for Capital Projects The Federal Government said it released a total of N1.2tn to finance capital projects as contained in the 2016...
National Assembly Passes ₦7.441tn 2017 Budget The National Assembly on Thursday passed the 2017 Appropriation Bill, with estimates totalling N7.441tn. The passage followed the consideration and...
National Assembly Releases Breakdown of 2017 Budget The National Assembly has published its 2017 budget, raising the cost from N115bn in 2016 to N125bn. Total personnel...
FG to Review National Broadband Plan in 2018 Unsatisfied with the implementation process of Nigerian National Broadband Plan, which has a five year longevity period, the...
Jobless-Benefit Rolls at 28-Year Low Show U.S. Labor Tightness A decline in U.S. jobless-benefit rolls to a 28-year low adds to signs of a tight labor...
U.S. Wholesale Prices Rebound in April The bigger-than-forecast rebound in April wholesale prices indicates inflation pressures continue to build in the U.S. economy and that March’s...
Europe Stocks Slip as Oil Leads Commodity Rebound European stocks drifted lower for the first time in three days as gains for mining shares struggled to...
Bank of England Says Smooth Brexit Could Mean Faster Rate Increases The Bank of England said it may need to raise interest rates faster than the...
OPEC Raises 2017 Estimate for Supply Growth From Rivals by 64% OPEC boosted estimates for growth in rival supplies by 64 percent as the U.S. oil...
