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)...
Governor Babajide Sanwo-Olu has presented the 2024 appropriation bill to the State House of Assembly. The proposed budget, titled the “Budget of Renewal,” underscores the administration’s...
Somalia has successfully negotiated the cancellation of $4.5 billion in debt with international lenders, marking a pivotal moment in the nation’s journey toward economic recovery. The...
In a strategic move aimed at bolstering Nigeria’s agricultural sector, the British International Investment (BII) has unveiled plans to inject a $15 million equity investment into...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of December 13th, 2023, the dollar...
In a heartwarming display of camaraderie and business triumph, Nigerian billionaire Femi Otedola has extended his heartfelt congratulations to his close friend and industrial magnate, Aliko...
The Nigerian Exchange Limited (NGX) closed in the green on Monday as investors pocketed N70 billion. The Exchange was bolstered by the robust performance of key...
The National Bureau of Statistics (NBS) has reported that the aggregate Value Added Tax (VAT) rose to N948.07 billion in the third quarter of 2023. The...
Fast Credit Limited’s Chief Executive Officer, Emeka Iloelunachi, proudly announced the successful redemption of the Series 2 Commercial Paper Issuance in a statement released on Monday....
In a resounding testament to President Bola Tinubu’s economic stewardship, the Nigerian financial landscape witnessed a historic upswing in the first six months of his administration,...
The Central Bank of Nigeria (CBN) has taken decisive action by suspending the processing fees of two percent and three percent previously levied on cash deposits...
