Businesses in Nigeria, Africa’s largest economy, have begun cutting down on their dollar exposure to better manage risk and profitability...
Zenith Bank Plc has tendered an apology to its customers for the poor services experienced on its banking platforms. Investors...
The Bank of Industry (BOI) has launched a mobile app for Nigerians to check live food prices in the country....
One of the twins’ housemates in the Bbnaija season 9 competition, Wanni Danbaki, popularly known as Wanni, has emerged as...
The African Export-Import Bank (Afreximbank) has announced plans to invest a sum of $200 million in the Nigerian creative industry....
The Federal Government said it has removed Value Added Tax (VAT) on diesel and cooking gas, among others as part...
President Bola Tinubu has approved the use of electric vehicles in the North East region of Nigeria to promote cleaner...
OpenAI, the company that owns Chatgpt, has raised $6.6 billion in a new funding round to boost the company’s valuation...
The Federal Government has unveiled six indigenous gas companies eligible for the N122 billion equity participation program under the Midstream...
Trader Who Bet on Gradual Yuan Decline Now Sees Steeper Drop Last year, Benjamin Fuchs’s $2 billion hedge fund prospered by betting against a sudden yuan...
Customs Generates in N1.3b in December The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’ Ikeja, Lagos, has earned about N1.3 billion through its anti-smuggling operations...
China Sets Biggest One-day Yuan Rate Increase Since 2005 China on Friday (Jan 6) raised the exchange rate for the yuan against the US dollar by...
Offshore Yuan Drops on PBOC Move; Japan Shares Fall China’s offshore yuan slumped after the central bank strengthened its currency fixing by the most in more...
Customs May Lose 50% Revenue to Ban on Vehicles Importation Following the federal government ban on the importation of vehicles through the land borders, the Nigerian...
Vitafoam Recommends N125m Dividend for Shareholders The Board of Directors of Vitafoam Nigeria Plc has recommended a dividend of N125 million for the shareholders for the...
NUPENG Shuts Total’s Depots Over Job Loss Threat The Nigeria Union of Petroleum and Natural Gas Workers on Thursday ordered the shutdown of fuel depots belonging...
Airlines Oppose Abuja Airport Closure The Federal Government on Thursday explained to aviation stakeholders why the Nnamdi Azikiwe International Airport, Abuja must be shut for six...
CBN Borrows N173bn via Treasury Bills The Central Bank of Nigeria sold N172.85bn ($550m) at its first Treasury bill sale of the year on Wednesday with...
External Reserves Rise Further to N26.2bn The country’s external reserves rose to $26.2bn on January 4, 2017, up from $25.8bn on December 30, 2016, the latest...
