Oil rallied to the highest price in two months after a fuel tanker was struck near Yemen, underscoring the geopolitical risks to crude supplies. West Texas Intermediate rose...
MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, has sold off $10.4 billion worth of Amazon shares, constituting approximately 25% of her stake in...
Shell has declared the forthcoming closure of its oil refinery in Wesseling, Germany, by 2025, as part of its commitment to reducing carbon emissions. The company...
The Nigerian Exchange Limited (NGX) facilitated the raising of over N3.85 trillion by government and corporate entities in 2023. Mr. Jude Chiemeka, the Acting CEO of...
Nigeria and Morocco are intensifying efforts to expedite the investment decision for the $30 billion gas pipeline project between the two countries. The discussions, spearheaded by...
Nigeria’s Special Economic Zones (SEZs) have emerged as focal points for economic growth as they attracted $66 billion in foreign direct investments (FDI) and fostered the...
The African Development Bank (AfDB) has reaffirmed its commitment to collaborate with the Enugu State Government in bolstering investment opportunities and infrastructural growth within the state....
Former Emir of Kano, Sanusi Lamido Sanusi, has voiced his support for the Central Bank of Nigeria’s (CBN) decision to relocate select departments from Abuja to...
Moniepoint, one of Nigeria’s leading payment startups, performed over 5 billion transactions in the fiscal year 2023. This was revealed in an internal company presentation that...
As of January 27th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1415 NGN in the black...