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...
3,000 Electrical/Electronics Workers Lose Jobs in Seven Months Local manufacturers of electrical and electronics items, including cables, meters, light bulbs, fittings and accessories, have laid off...
Construction Experts to Get UCEM Training United Kingdom-based provider of online learning programmes, the University College of Estate Management, is set to train Nigerian construction sector...
Payment Cards’ Restriction Hurting Banks, Customers The Chairman, Committee of e-Banking Industry Heads and Chief Digital Officer of Wema Bank Plc, Mr. Dele Adeyinka, talks about...
Access Bank Records 19% Growth in Profit Access Bank Plc has reported a 19 per cent growth in its profit before tax to N72bn from N60.4bn...
Conoil Pays N2bn Dividend to Shareholders The move by Conoil Plc, a petroleum downstream player, to pay N2bn dividend for the 2015 financial year, has been...
Recession: Ford Stops Exportation of 500 Vehicles to Nigeria There are indications that Ford Motor Company has suspended its planned exportation of 500 units of vehicles...
Forex Weekly Outlook October 31-November 4 The US economy recorded its fastest growth rate in two years in the third quarter, expanding at a 2.9 percent...
9 Die, 24 Injured as Explosions Rock Maiduguri There have been two explosions in Maiduguri resulting the death of at nine people, with 24 others injured....
Russia Loses United Nation Seat Russia has lost its position as a member of the UN’s Human Rights Council, the most prestigious panel in the UN...
876 Children Linked to Boko Haram Freed The UN has negotiated the release of nearly 900 children detained by Nigeria’s army and security forces after they...
