Nigeria’s naira appreciated by 0.6 percent against the United States dollar on Wednesday after the Central Bank of Nigeria confirmed an increase in net foreign exchange...
Diageo Plc has completed the sale of its entire 54.4 percent stake in Seychelles Breweries Limited to Phoenix Beverages Limited for approximately $80 million as part...
Business confidence in Nigeria rose to its highest level in 14 months in March, according to data from Stanbic IBTC’s Purchasing Managers’ Index (PMI) released on...
First City Monument Bank (FCMB) has informed customers of a temporary disruption affecting its debit card services. The bank disclosed the development in a communication sent...
The Federal Government has appointed Bayo Ojulari as the new Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC) following the removal of Mele Kyari....
The Dollar to Naira black market exchange rate remains a key focus for businesses and individuals as Nigeria’s foreign exchange market continues to witness fluctuations. Today,...
Mike Adenuga is Nigeria’s second richest individual and one of Africa’s leading entrepreneurs, with influence across telecommunications, oil and gas, and banking sectors. As of April...
OpenAI has closed a record-setting $40 billion funding round, positioning the artificial intelligence company among the most valuable privately held technology firms globally. The transaction establishes...
The Nigerian naira continued its downward trend on Monday, trading at N1,548 per dollar in the parallel market amid persistent pressure on the foreign exchange (FX)...
President Bola Tinubu has commended Jim Ovia, Founder and Chairman of Zenith Bank Plc, following his formal admission to the Freedom of the City of London,...