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...
Taxiade Pledges to Revolutionise Tax Management Taxaide Professional Services (Taxaideâ), a tax management firm has become a Nigerian member of Alliance of Independent Tax, Audit, and...
Lekki Free Trade Zone Investment Rises to $15 Billion The Lagos State Government has disclosed that the Lekki Free Trade Zone (LFTZ), Africa’s fastest growing economic...
Restarting Growth in sub-Saharan Africa Abebe Aemro Selassie, in this article, identified the challenges bedevilling sub-Saharan Africa, positing that strong domestic policy measures are urgently needed...
BDC Drags FirstBank, Travelex to Court Rhombus Bureau de Change (BDC) has dragged FirstBank Nigeria Ltd before the Lagos High Court, alleging unethical practices in forex...
Shell Commences Trans-Forcados Pipeline Testing After months of repairs, Shell Petroleum Development Company (SPDC) has started testing the Trans-Forcados crude export pipeline for a potential restart,...
Nigeria’s Dollar Scarcity to Remain, Says Moody’s Nigeria’s dollar liquidity constraints are likely to persist for the foreseeable future, despite the recent improvements in foreign exchange...
FG Makes N6bn From Lottery in Five Years The Federal Government has raked in N6bn from lottery proceeds in the last five years, the National Lottery...
Union Bank’s Profit Hits N15.4bn Union Bank Nigeria Plc says with a profit after tax of N15.4bn for the financial year ended December 31, 2016, it...
CBN to Increase Electronic Payment System Monitoring The Central Bank of Nigeria on Wednesday said it would increase its oversight of the country’s payment systems in...
FG Plans Fresh Concession of Lagos-Ibadan Expressway The Federal Government is considering a proposal to involve the former concessionaire of the Lagos-Ibadan Expressway, Bi-Courtney Highway Services...
