APM Terminals Apapa concluded 2024 with a strong financial performance, driven by significant growth in container volumes and improved operational efficiency. The terminal, which is a...
The continued appreciation of the naira against the United States Dollar has triggered a wave of losses in the foreign exchange (FX) market with traders in...
The Ibadan Electricity Distribution Company (IBEDC) has agreed to restore electricity to some sections of the University College Hospital (UCH), Ibadan within 48 hours, following a...
The exchange rate between the US dollar (USD) and Nigerian naira (NGN) remains a critical indicator for businesses, investors, and individuals engaging in foreign exchange transactions....
Olurotimi Otedola, a major shareholder in Geregu Power Plc and founder of the Afrinero music band, has sold 4 million shares estimated at N4.6 billion in...
Eko Electricity Distribution Company (EKEDC) has commenced the distribution of free prepaid meters to Band A customers within its coverage areas under the Meter Acquisition Fund...
The Federal High Court in Lagos has ruled in favor of the Federal Competition and Consumer Protection Commission (FCCPC) in a legal dispute involving MTN Nigeria...
Ethiopian Airlines, the largest airline in Africa and one of the fastest-growing airline brands in the world, is pleased to announce the launch of a new...
The Central Bank of Nigeria (CBN) has rescheduled the 299th meeting of its Monetary Policy Committee (MPC) planned for February 17–18 to February 18–19, 2025. In...
African startups raised $289 million in January 2025 despite rising global uncertainty. This represents a 240% increase from the $85 million secured during the same period...