The World Bank has approved a $1.08 billion financing package for Nigeria to improve basic education, fight malnutrition, and strengthen...
United States President Donald Trump has imposed new tariffs targeting Nigerian exports and other goods from countries with trade surpluses...
President Bola Tinubu has enacted the Investments and Securities Act 2024, officially placing cryptocurrencies and other virtual assets under the...
Femi Otedola, one of Nigeria’s most prominent businessmen and philanthropists, has continued to shape Nigeria’s corporate and energy landscape. As...
Nigeria’s naira appreciated by 0.6 percent against the United States dollar on Wednesday after the Central Bank of Nigeria confirmed...
Diageo Plc has completed the sale of its entire 54.4 percent stake in Seychelles Breweries Limited to Phoenix Beverages Limited...
Business confidence in Nigeria rose to its highest level in 14 months in March, according to data from Stanbic IBTC’s...
First City Monument Bank (FCMB) has informed customers of a temporary disruption affecting its debit card services. The bank disclosed...
The Federal Government has appointed Bayo Ojulari as the new Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC)...
New funding pledges of nearly $900 million ahead of a Eurobond repayment deadline are failing to defend Kenya’s shilling from fresh lows, with analysts forecasting further...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions...
Fitch, one of the leading global credit rating agencies, has said that the Central Bank of Nigeria (CBN) still lacks sufficient foreign exchange (forex) to clear...
The World Bank estimates that there has been a seven percent reduction in extreme poverty in Nigeria and Tanzania due to improved access to internet coverage...
The federal government’s budget deficit is on track to widen as the electricity subsidy to be incurred this year has more than doubled following last week’s suspension of...
The Dangote Petroleum Refinery is poised to supply fuel to approximately 150,000 retail outlets affiliated with the Independent Petroleum Marketers Association of Nigeria (IPMAN). The decision...
The Federal Government through its Presidential Committee on Fiscal Policy and Tax Reforms has it will be meeting with state governors to discuss the suspension of...
Chinese stocks in Hong Kong slumped toward their lowest level in almost two decades, as an absence of fresh economic stimulus and market support measures deepened...
Oil prices lost more ground on Monday as economic headwinds pressured the global oil demand outlook and offset geopolitical concerns in the Middle East and an...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of January 22nd, 2024, the dollar...
