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...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed that the central bank frittered away a whopping $66 billion over an...
Petroleum downstream player, Conoil Plc, has recorded a growth of 196 per cent in its 2016 half-year profit. The unaudited half-year report of the oil marketing...
The Central Bank of Nigeria’s Monetary Policy Committee will today (Monday) begin its two-day bi-monthly meeting to review the state of the economy. It is expected...
The Federal Inland Revenue Service said it had registered about 700,000 new corporate taxpayers in the last one year in a bid to widen the tax...
NBS Puts Investment Inflow at $1.04bn The National Bureau of Statistics on Sunday released a revised version of the capital importation report for the second quarter,...
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has predicted that the nation’s economy will likely come out of recession by the fourth...
A United States District Court, yesterday, dismissed a case by a Nigerian lawyer seeking to stop the repatriation of over $550 million of stolen funds during...
The US dollar gained against all the major currencies last week, following better than expected inflation report released on Friday. This, coupled with the comments from...
Managing Director/CEO of Sun Trust Bank, Muhammad Jibrin, tells why the new entrant’s game plan is anchored on tectonic shift in banking with emphasis on the...
Reports from Reuters within the week indicated that Mobil Producing Nigeria Unlimited (MPN), a unit of ExxonMobil, will resume shipment of Qua Iboe crude, Nigeria’s largest...
