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...
The Nigeria Immigration Service has announced the expansion of its contactless biometric passport system to four additional countries as part...
The Central Bank of Nigeria (CBN)’s announcement of a new Foreign Currency Gateway Bank has stirred concerns over the liquidity of Nigerian banks, according to recent...
The Securities and Exchange Commission (SEC) has granted approval to AVA Global Asset Managers Limited for its N200 billion Infrastructure Fund aimed at bolstering Nigeria’s infrastructure...
Oil marketers and members of the Nigerian Association of Road Transport Owners (NARTO) are engaged in intense negotiations to prevent a potential nationwide shutdown of fuel...
The Nigerian banking sector experienced a significant downturn in foreign capital inflow in 2023 with figures plunging to $832.64 million, a 60% drop from the previous...
China’s state-owned lenders have committed a substantial $8 billion in loans to rejuvenate the country’s beleaguered property market, aligning with Beijing’s directives to bolster the sector....
Japanese stocks have soared to record highs amidst a surge in bearish positions on the yen, signaling investor caution over currency risks. Asset managers, increasingly wary...
Olam Group Singapore-listed shares experienced a significant surge following the exoneration of the company amidst Nigerian scandal allegations. After a thorough investigation, the commodity trading giant...
Nigeria’s Economic and Financial Crimes Commission (EFCC) has dropped all allegations of fraud and misconduct against Leatherback, a leading financial services technology company, and the company’s...
Oil prices declined by 1% on Friday as concerns over slowing demand highlighted by the International Energy Agency (IEA) overshadowed geopolitical tensions and hopes of U.S....
The European Union (EU) has announced a significant investment of 37 million Euros into Nigeria’s power sector to enhance infrastructure and address critical energy needs. EU’s...
