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)...
The Worldcoin digital token, associated with Sam Altman’s World ID project, has experienced significant volatility following the recent upheaval in Altman‘s professional journey. The token which...
In the aftermath of OpenAI’s surprising move to oust CEO Sam Altman, the company’s interim Chief Executive Officer, Mira Murati, is in discussions to bring back...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of November 20th, 2023, the dollar...
Oil prices surged on Monday amid expectations that OPEC+ might deepen supply cuts to stabilize prices. Brent crude oil, against which Nigerian oil is priced, rose...
OpenAI, the influential artificial intelligence research laboratory, has announced a significant leadership change as CEO Sam Altman steps down. This move comes as a result of...
Nigeria’s manufacturing sector recorded a 88.17% Year-on-Year increase in total capital inflow in the first half of 2023, according to data from the National Bureau of...
Africa’s leading commodities player, AFEX, unveiled its 2023 Crop Production report in Abuja on Thursday, predicting a surge in commodity prices attributed to declining production and...
Ecobank, a prominent pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have sealed a $200 million risk-sharing agreement. This collaboration,...
The Federal Government of Nigeria is poised to withdraw civil claims amounting to $1.1 billion against Eni SpA, signaling the conclusion of a protracted legal dispute...
The Executive Chairman of the Courier and Logistics Management Institute, Professor Simon Emeje, revealed that Nigeria is yet to fully harness the immense potential of its...
