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...
BT Group to sack 4,000 Troubled British telecoms giant BT said Thursday it will axe 4,000 jobs worldwide in a new cost-cutting drive, after posting sliding...
Oil Rebounds Above $50 as US Stockpile Drops Oil rebounded on Wednesday following a report that the US stockpile dropped to its biggest one-week low this...
Reps Ask FG to End Gas Flaring by 2020 The House of Representatives on Wednesday asked the Federal Government to stick to the 2020 end date...
CBN Plans Dollar auction to Airlines, Importers The Central Bank of Nigeria is planning to auction an undisclosed amount of dollars through book building to settle...
Investors With Fake Names to Forfeit Shareholdings — SEC The apex regulator of the Nigerian capital market, the Securities and Exchange Commission, has said shareholders who...
Official Exchange Rate Redundant, Soludo Tells CBN A former Governor of the Central Bank of Nigeria, Prof. Charles Soludo, says the apex bank’s official exchange rate...
Ali Reconstitutes Customs Management The Comptroller-General of Customs, Col. Hameed Ali (retd) has reconstituted the management of the Nigeria Customs Service with the appointment of four...
N143bn Budget Hike for Federal Roads, Amnesty, N’Assembly, Others Some key federal road projects are to benefit from the over N143bn added to the 2017 budget...
Apple Inc. Crosses $800b Market Value Apple Inc., the maker of iPhone and Mac computers has become the first company to cross the $800 billion market...
Draghi Says Too Early to Declare ECB Success as Growth Firms Mario Draghi said the European Central Bank’s stimulus hasn’t finished the job yet, even as...
