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)...
Conoil Plc announced its intention to pay N1.73 billion in divided to its shareholders for the 2022 financial year. This translates to N2.50 per share. The...
Mixin Network, a prominent decentralized wallet service provider, has been rocked by a massive security breach resulting in a loss of $200 million. The breach, attributed...
Residents of Ogbaru in Anambra State are feeling the pinch of skyrocketing cooking gas prices with a 1kg cylinder now costing a staggering ₦900, leaving many...
The Federal Government has awarded the construction of the Lagos-Calabar Coastal Highway to Hitech Road Construction Company, signifying a monumental step towards enhanced connectivity and economic...
Oil markets are maintaining their steady course as hedge funds double down on their bets that tightening supplies will reignite the recent rally, despite a slight...
Amid growing concerns over the economic stability of China’s property market and a broader atmosphere of caution, Chinese stocks experienced a significant plunge on Monday, contributing...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today?
The Nigerian banking sector has witnessed an unprecedented 835% surge in borrowings from the Central Bank of Nigeria (CBN) in the span of just one month,...
Nigeria‘s trade with the rest of Africa rose by 40.8 percent year-on-year in the first half of 2023 (H1’23), soaring to N1.839 trillion from N1.306 trillion...
Dana Motors Limited, the exclusive distributor of Kia in Nigeria, is leading a groundbreaking charge to revolutionize the transportation landscape in the country. In response to...
