In a bold move that solidifies his authority over United Bank for Africa (UBA), billionaire entrepreneur Tony Elumelu has significantly boosted his ownership in the financial...
In a significant development aimed at fortifying Micro and Small Medium Enterprises (MSMEs) and ensuring food security in Nigeria, the World Bank has granted a crucial...
Food prices rose substantially in the month of April as food inflation soared to 24.61% on a year-on-year basis, marking a substantial 6.24% point increase compared...
April 2023 saw a marginal uptick in the headline inflation rate, with figures reaching 22.22% compared to the previous month’s rate of 22.04%. Although the increase...
The All-Share Index declined by 0.48% in the week ending May 12, 2023, and this caused the Nigerian stock market to end the week in the...
Nigerian-based cold chain startup Figorr, which provides better means of storage and transportation of temperature-sensitive products, has raised $1.5 million in seed funding round to expand...
In a spectacular celebration of exceptional achievements and outstanding leadership, Mrs. Nneka Onyeali-Ikpe, the Managing Director/Chief Executive Officer of Fidelity Bank Plc, has been recognized as...
In a turbulent start to the week, oil prices witnessed a decline as worries about fuel demand in the world’s leading oil consumers, the United States...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has stated that the banking sector is dedicated to expanding foreign exchange supply in the...
Shareholders of Guaranty Trust Holding Company Plc have approved the payment of a total dividend of N91.24Bn, which represents N3.10 per share for the financial year...