The Federal Government has commended APM Terminals for committing $500 million to expand port infrastructure and an additional $10 million...
Wema Bank Plc has announced plans to raise N150 billion through a Rights Issue of 14.29 billion ordinary shares at...
Airlines operating international routes from Lagos to Europe have adjusted ticket prices downward as the aviation sector enters the annual...
Nigeria’s broadband expansion effort faces huge shortfalls as data from the Nigerian Communications Commission (NCC) confirms that broadband penetration stood...
MTN Group has disclosed plans to reduce its equity in MTN Nigeria by up to 11 percent as part of...
The Nigerian government is in discussions with Zipline International Inc to expand its drone-based medical delivery services nationwide following the...
China’s Ministry of Finance has announced a sharp increase in tariffs on all goods imported from the United States raising...
As of Friday, April 11, 2025, the Dollar to Naira exchange rate in Nigeria’s black market continues to reflect volatility,...
The Kano State High Court has issued a restraining order against the Federal Government to halt further construction activities on...
The Federation Account Allocation Committee (FAAC) has disbursed ₦1.134 trillion to Nigeria’s three tiers of government in June 2023. This financial windfall, revealed in the latest...
The government of Niger has taken decisive action to halt all exports of liquefied petroleum gas (LPG) until further notice. The announcement, made in a statement...
Amidst economic uncertainties, Nigeria’s recent decision to devalue the naira offers a glimmer of hope for the country’s non-oil export sector in the upcoming third quarter. ...
The Federal Competition and Consumer Protection Commission (FCCPC) has announced its intention to investigate OPay, a licensed mobile money operator in Nigeria, following a barrage of...
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, has inked a historic memorandum of understanding (MoU) with China Overseas Energy Development Technology Limited, ushering...
In a recent report published by the Nigeria Extractive Industries Transparency Initiative (NEITI), it has been disclosed that no fewer than 23 oil blocks, managed by...
The Nigerian Exchange Limited ended a week-long bearish streak on Tuesday, closing the market with a gain of N213 billion for investors. The All-Share Index and...
Alterra Capital Partners, a firm spun out of Carlyle Group Inc., has announced substantial backing from prominent figures, including Carlyle’s co-founders David Rubenstein and Bill Conway...
OPEC’s oil production rose for a second consecutive month in September as revealed by a recent Reuters survey. Despite ongoing efforts by Saudi Arabia and other...
Naira on Tuesday gained 0.79 percent (N8) over the dollar as the foreign exchange (FX) resumed after the independence holiday. The market opened with the dollar...
