Global financial institutions faced heightened regulatory scrutiny as total fines imposed on banks rose to $4.5 billion in 2024, according to new data compiled by Finbold....
First Bank of Nigeria Limited has filed an appeal against a recent decision of the Federal High Court which reclassified its maritime claim as a standard...
Africa’s digital payment ecosystem is on track to reach $1.5 trillion in annual transaction value by 2030. This would be driven by accelerating fintech innovation, deeper...
Dangote Refinery has deepened its footprint in the global energy market with the export of approximately 130 million litres of jet fuel to Saudi Arabia. The...
Nigeria’s Dangote Oil Refinery has launched a fresh tender to sell 128,000 metric tons of residual fuel oil for April loading, signaling increased commercial activity from...
Nigeria’s mobile landscape is set for a transformation with smartphone penetration projected to hit 91% by 2030, according to new data released by the GSMA, the...
Equities on the Nigerian Exchange Limited (NGX) sustained positive momentum on Tuesday to close higher for the second time this week as renewed investor interest in...
The Dollar to Naira exchange rate is a crucial indicator of Nigeria’s economic landscape, affecting businesses, travelers, and investors alike. As of 26th March 2025, the...
Crude oil prices advanced on Wednesday as rising geopolitical risks and fresh U.S. sanctions on major oil exporters Venezuela and Iran renewed supply concerns across global...
First City Monument Bank (FCMB) has come under legal fire following a ₦2 billion compensation claim filed by Pastor Sunday Omonivi Enikuomehin, proprietor of Goodwill Private...