Oil prices dipped on Wednesday as concerns over China’s economic performance and escalating tensions in the Middle East weighed on market sentiment. Brent crude oil, against...
Wema Bank Plc, one of Nigeria’s banks on Wednesday reported a 104.7% increase in profit before tax from N14.88 billion in 2022 to N30.46 billion in...
Geregu Power, the brainchild of business magnate Femi Otedola, has announced a 60% surge in its bottom line, boasting a record profit of N16.1 billion for...
Fidelity Bank, one of Nigeria’s leading tier II banks, experienced a remarkable growth trajectory in its financial performance for the year ended December 31, 2023. According...
UAC of Nigeria PLC reported a 9% increase in revenue to N119 billion in the 2023 financial year as key segments recorded solid growth in the...
Amidst anticipation of a Federal Reserve rate cut, the global demand for gold is expected to surge in 2024, according to projections from the World Gold...
Plans by military-ruled Mali, Niger and Burkina Faso to break away from a West African bloc have the potential to backfire on their already fragile economies...
As of January 31st, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1430 NGN in the black...
Global logistics giant UPS has announced its decision to cut 12,000 jobs or 2.4% of its extensive 500,000-strong global workforce. The decision comes as UPS seeks...
In recent years, online platforms have transformed the rhythm of trading. It’s almost like a new dance, where the moves are quicker, and the music never...