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...
External Reserves Falls to $23.948 Billion Nigeria’s external reserves diminished by 2.8 per cent in one month to $23.948 billion as at October 27, 2016, compared...
GE to Invest $2bn in Skills Training, Facility Development in Africa The President and Chief Executive Officer of General ElecGE Nigeria, Dr. Lazarus Angbazo, has stated...
EFCC Re-arraigns Orji Kalu, Others for Alleged Money Laundering The Economic and Financial Crimes Commission (EFCC) monday re-arraigned the former Abia State Governor, Mr. Orji Uzor...
CBN Grants Wi-Pay Int’l Money Transfer Licence Wi-Pay has been granted an approval-in-principle by the Central Bank of Nigeria for international money transfer operations. In a...
SAP Introduces Co-innovation Lab in Africa SAP has announced the opening of Africa’s first ever SAP Co-Innovation Lab. It said that the lab offered a hands-on...
OPEC Approves Output Cut Strategy OPEC officials approved on Monday a document outlining the exporter group’s long-term strategy, in a sign its members are making progress...
MDAs Take Over Assets Sales From BPE The Federal Government has sidelined the Bureau of Public Enterprises in the process of giving out key assets and...
Power Firms Want Forex at Official Rate Power firms should be given preferential treatment with respect to foreign exchange, which is needed to procure equipment such...
Skye Bank Sacks 50 More Workers About four months after it disengaged about 200 of its workers, Skye Bank Plc has retrenched about 50 members of...
NNPC Targets Gas in 126 Northern Basins,Others The Nigerian National Petroleum Corporation on Monday said that there was a need to expand the country’s gas exploration...
