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...
Nigeria Said to Let Market Decide Naira Rate on Exchange Window Nigeria’s central bank will let the market determine the naira’s rate in a new foreign-exchange...
German Business Confidence Climbs to Highest Since July 2011 German business sentiment rose to the strongest level in almost six years in a sign that the...
Malaysia to Pay Abu Dhabi $1.2 Billion to Settle 1MDB’s Debt Malaysia reached an agreement to pay Abu Dhabi about $1.2 billion as settlement over the...
Macron Wins French Executives’ Backing in Contest Versus Le Pen French executives began rallying behind Emmanuel Macron, saying the former investment banker will be a more...
FG Exploring $300m Diaspora Bond to Make Nigerians Abroad Buy into ERGP The federal government is to float a $300 million Diaspora Bond as part of...
Interbank Rates Rise on Cash Shortage The Nigerian Inter-Bank Offered Rate (NIBOR) climbed by about 20 percentage points on Friday after the Central Bank of Nigeria’s...
External Reserves Stand at $30.6bn Despite all the dollars pumped into the foreign exchange (FX) market by the Central Bank of Nigeria (CBN) since February 20...
German, Nigerian Firms Sign Waste Bin Supply Pact Germany-based manufacturer of waste and recycling bins and containers for the collection and transportation of solid waste, SSI...
Telecom Firms Lose N156.3bn Monthly to Dormant Lines Telecommunications companies in the country are losing about N156.3bn in potential revenue every month due to the increasing...
Nigerian Breweries Made N11.4bn Profit in Q1 The Nigerian Breweries Plc has reported a profit after tax of N11.44bn for the first quarter of 2017. The...
