Nova Commercial Bank has petitioned the Federal High Court in Lagos to grant an order winding up Sunrise Products Limited...
The Nigerian Communications Commission (NCC) is set to publicly name 18 banks that owe a combined debt of ₦200 billion...
Chinese oil companies and private refiners have started increasing crude oil purchases from the Middle East, Africa and the Americas...
Chinese officials consider Elon Musk a potential buyer for TikTok’s US operations if the company fails to fend off the...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting persistent challenges in the country’s...
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...
Enelamah Claims Nigeria Recorded over $20bn Investment Inflows in One Year In a remark certain to befuddle Nigerians, the federal government claimed at the weekend that...
Malian Soldiers, Civilian Killed in Election-Linked Attacks Twin attacks blamed on jihadists during weekend municipal elections in Mali left six people dead, security sources said Monday....
Nigeria’s Economy Shrinks by 2.2% in Third Quarter Nigeria’s economy contracted in the third quarter as businesses struggled to access foreign exchange and rebels continued to...
Oil Climbs as Iran, Iraq Signal Deal Hope Before Vienna Meeting Oil extended gains as Iran signaled optimism OPEC will agree to a supply-cut deal and...
Yuan Falls to Eight-Year Low as Central Bank Cuts Reference Rate The yuan dropped to its lowest level in more than eight years as the central...
Putin Sees ‘Great Chance’ of OPEC Deal as Moscow Ready to Freeze Russian President Vladimir Putin says he sees no obstacles to OPEC reaching an agreement...
CitiBank Foresees Increased Investments into Nigeria in Q1 2017 Citibank has projected that there would be an inflow of foreign direct investments into Nigeria in the...
Overnight Lending Rate Falls on Cash Injection The overnight tenor of the Nigerian Interbank Offered Rate (NIBOR) fell to 14 per cent on Friday from 22...
6.4 Magnitude Earthquake Hits Argentina An Earthquake has hit Western Argentina, eight days after the country was hit by another quake. According to the US Geological...
Sarkozy Concedes Defeat Nicolas Sarkozy has conceded defeat following a vote to choose the centre-right candidate for French president. The former President was lying third in...
