The Federal Government has commended APM Terminals for committing $500 million to expand port infrastructure and an additional $10 million...
Wema Bank Plc has announced plans to raise N150 billion through a Rights Issue of 14.29 billion ordinary shares at...
Airlines operating international routes from Lagos to Europe have adjusted ticket prices downward as the aviation sector enters the annual...
Nigeria’s broadband expansion effort faces huge shortfalls as data from the Nigerian Communications Commission (NCC) confirms that broadband penetration stood...
MTN Group has disclosed plans to reduce its equity in MTN Nigeria by up to 11 percent as part of...
The Nigerian government is in discussions with Zipline International Inc to expand its drone-based medical delivery services nationwide following the...
China’s Ministry of Finance has announced a sharp increase in tariffs on all goods imported from the United States raising...
As of Friday, April 11, 2025, the Dollar to Naira exchange rate in Nigeria’s black market continues to reflect volatility,...
The Kano State High Court has issued a restraining order against the Federal Government to halt further construction activities on...
In February 2024, Nigeria’s oil and gas exploration activities surged with rig count increasing by 23% compared to the previous year. The rig count, a crucial...
Access Bank PLC, a leading financial institution based in Nigeria, has unveiled plans to acquire National Bank of Kenya Limited (NBK) in a landmark deal. The...
The Nigerian Naira has appreciated against the U.S. Dollar on the parallel market with operators quoting a buy price of N1400/$1 for holders of dollars looking...
The Nigerian National Petroleum Corporation (NNPC) is facing an increasingly daunting subsidy burden as oil prices continue to surge. Investigation has revealed that escalating crude oil...
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), has revealed that the Final Investment Decision (FID) on the...
The Nigerian equities market closed in the red on Wednesday as FBN Holdings, Vitafoam, and Berger Paints led the market downturn. Nigerian equities suffered a combined...
The Securities and Exchange Commission (SEC) has dealt a blow to PZ Cussons’ ambitious bid to acquire shares from minority shareholders at a proposed price of...
The Central Bank of Nigeria (CBN) has announced the lifting of forex restrictions on the importation of milk and dairy products. The decision, outlined in a...
Bayobab Group, a subsidiary of telecommunications giant MTN Group, has announced the successful restoration of its services following recent subsea cable disruptions. The telecom operator revealed...
Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to...
