Nigeria’s leading seaports, Apapa and Tin-Can Island, recorded a combined revenue of N1.1 trillion in the first quarter of 2025,...
Fitch Ratings has projected that Nigeria’s external debt service obligations will rise to $5.2 billion in 2025 as the country...
United Bank for Africa (UBA) has launched an upgraded version of its Point of Sale (PoS) terminal designed to enhance...
The Federal Government has announced its support for a $150 million lithium battery assembly plant in Lagos as part of...
Africa’s creator economy is on a growth trajectory with projections estimating the market will reach $17.84 billion by 2030, according...
President Bola Tinubu has signed the Economic Community of West African States (ECOWAS) Schedule of Tariff Offers establishing zero duties...
The ongoing trial of Jude Okoye, former manager of the P-Square musical group, took a new turn on Monday as...
As of Tuesday, April 15, 2025, the Dollar to Naira exchange rate in Nigeria’s black market continues to reflect volatility,...
Access Bank PLC, a subsidiary of Nigeria’s Access Holdings PLC, has secured final approval from Kenya’s key financial authorities to...
In a concerted effort to curb illicit currency dealings and stabilize the nation’s currency, Nigerian security operatives, including police and Economic and Financial Crimes Commission (EFCC)...
South Africa’s currency, the rand, surged against major currencies as Finance Minister Enoch Godongwana announced the country’s decision to tap into its reserves to tackle its...
Amid escalating attacks on shipping in the Red Sea and growing uncertainty regarding U.S. interest rate cuts, oil prices rebounded in Asian markets today. Brent crude...
Private sector credit in Nigeria reached a record N76.94 trillion in January 2024, according to the latest report from the Central Bank of Nigeria (CBN). This...
A recent report released by the Central Bank of Nigeria (CBN) has indicated a notable decline in the amount of currency held outside banks, dropping to...
As of February 21st, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,820 NGN in the black...
The Nigerian Senate has embarked on a comprehensive investigation into the disbursement and utilization of the N30 trillion Ways and Means loans obtained by the Central...
The Nigerian equity market continued its downward spiral as Honeywell Flour Mills and BUA Cement emerged as the top losers. The All-Share Index (ASI) declined by...
Real estate developers across Nigeria have voiced their strong disapproval of the recent agreement between the Federal Government and cement manufacturers to reduce the price of...
President Bola Tinubu has directed the prompt settlement of a N342 million outstanding electricity bill owed by the Presidential Villa to the Abuja Electricity Distribution Company...
