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...
Fidelity Bank Plc has announced the extension of Dr. Nneka Onyeali-Ikpe’s tenure as the GMD/CEO until 2026. The decision was made during the board meeting held...
On Wednesday, the Naira declined against the US dollar to N1503.38 compared to N1,499.07 recorded in the previous trading day. This represents a 0.26% decline. This...
President Bola Tinubu is slated to inaugurate the long-awaited Red Line Mass Transit Train on February 29, according to the Lagos State Governor, Mr. Babajide Sanwo-Olu....
Oil prices faced a downward trend on Thursday as U.S. crude inventories witnessed a substantial surge, raising concerns about demand in the world’s largest economy and...
Digital financial services provider Carbon has completed the acquisition of Vella Finance, a Nigerian fintech company specializing in serving small and medium-sized enterprises (SMEs). The acquisition,...
BUA Foods, a leading Nigerian food conglomerate, has announced an investment of $200 million in its Lafiagi Sugar Estate located in Kwara State. The Managing Director...
Independent oil marketers are advocating for direct supply of premium motor spirit (PMS) from the Nigerian National Petroleum Company Limited (NNPCL) as a means to alleviate...
The Dangote Petroleum Refinery has initiated an export bid by tendering two fuel cargoes destined for the overseas market. This development marks a pivotal step for...
Nigeria’s power sector is facing a significant financial challenge as its debt surged to N3.3 trillion, with the cost of electricity subsidy nearing N3 trillion, according...
The Federal Government of Nigeria has unveiled plans to distribute 42,000 metric tonnes (MT) of grains to impoverished Nigerians at no cost. This announcement came in...
