The Transmission Company of Nigeria (TCN) has disclosed that 60% of metered customers bypass meters. Ali Ahmad, TCN’s General Manager, shared this alarming statistic during the...
Nigeria’s foreign exchange inflow surged to $1.3 billion in February 2024, according to data released by the Central Bank of Nigeria (CBN). The increase represents an...
As of March 8th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,590 NGN in the black...
In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs in Nigeria, retail lender, Unity Bank Plc has increased...
The Nigerian Exchange Limited (NGX) closed in the green on Wednesday as the stocks of Transcorp Power Plc, Transnational Corporation and FBN Holdings Plc led gainers...
Egypt and the International Monetary Fund (IMF) have finalized a landmark agreement totaling $8 billion. The deal marks a critical juncture for Egypt’s economic stability amidst...
Renowned Nigerian business magnate Tony Elumelu has called for urgent government intervention to revitalize Nigeria’s struggling power sector. Elumelu, whose conglomerate controls a significant portion of...
The Nigerian Ports Authority (NPA) has announced a historic surge in revenue generation for the fiscal year 2023 to N501 billion. This significant achievement reflects a...
Brent crude oil appreciated by 1.1% to $82.96 per barrel following a decline in U.S. distillate and gasoline inventories. The surge in Brent crude prices was...
The Nigerian Ports Authority (NPA) has intensified security measures at the Onne Port Complex in response to the surge in vessel traffic observed in recent times....