Nigerian agribusiness giant Johnvents Industries Limited has secured a $40.5 million investment from the United Kingdom’s development finance institution to expand its cocoa processing capacity to...
Fitch Ratings has announced the withdrawal of Dangote Industries Limited’s National Long-Term Rating and senior unsecured rating of ‘B+(nga)’ due to unresolved debt refinancing concerns. The...
Nigeria’s annual inflation rate has been adjusted to 24.48% for January 2025 following a rebasing of the Consumer Price Index (CPI), the National Bureau of Statistics...
Nigeria has lost one of its foremost elder statesmen and advocates for the Niger Delta region, Chief (Dr.) Senator Edwin Kiagbodo Clark, who passed away on...
Gold shipments from Singapore to the United States surged to the highest level in nearly three years in January. The spike comes as pricing disparities and...
Brent crude traded near $75 a barrel on Tuesday as OPEC+ considered delaying a planned output hike while a Ukrainian drone strike on a Russian crude-pumping...
Kenya’s gross public debt has declined for the first time in at least two decades amid strong appreciation of Kenyan shilling, according to the National Treasury....
Nigeria’s crude oil production has reached 1.75 million barrels per day (BPD) with gas production at 7 billion standard cubic feet per day (SCFD), according to...
The Nigerian Education Loan Fund (NELFUND) has announced that the student loan application portal for the 2024/2025 academic year will officially open on Saturday, February 22,...
Nigerian billionaire and industrialist Aliko Dangote has described his $23 billion oil refinery project as the biggest risk of his life. The founder of the Dangote...