Broad-based selling intensified on the Nigerian Exchange (NGX) on Wednesday with five equities hitting the Exchange’s maximum daily decline as...
Champion Breweries Plc and VFD Group Plc bucked the broader market trend on Wednesday as both stocks recorded strong gains...
Banking stocks remained the Nigerian Exchange’s (NGX) primary source of liquidity on Wednesday as Zenith Bank Plc recorded the highest...
Building the systems that turn potential into prosperity. Part II: The Doorway Is Visibility One of Africa’s greatest economic paradoxes...
The cost of transporting oil through the Strait of Hormuz has surged to as much as $20 million per voyage...
Dangote Industries’ plan to invest about $40 billion in energy projects over five years is confronting a major test over...
Dangote Petroleum Refinery expects the global shortage of petrol, diesel and other refined fuels to persist beyond the end of...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, declined slightly on Wednesday,...
Buying interest was scarce on the Nigerian Exchange (NGX) on Tuesday as widespread selling pressure outweighed advances across the market,...
Pension funds have invested a record N1 trillion in the real estate sector in 2023. According to Oguche Agudah, CEO of the Pension Fund Operators Association...
Nigeria is grappling with a severe fuel crisis as the landing cost of Premium Motor Spirit (PMS), commonly known as petrol, has skyrocketed to N978 per...
Oil prices dipped on Wednesday as the impact of Hurricane Beryl dissipated and inflation data highlighted stubbornly weak consumer demand in China, the world’s top crude...
The Nigerian National Petroleum Company (NNPC) is exploring the option of securing a $2 billion loan using crude oil pre-payments as collateral. Mele Kyari, the group’s...
Microsoft Corp. and Apple Inc. have stepped down from their positions as observers on OpenAI’s board following antitrust scrutiny on Big Tech’s influence over artificial intelligence....
Egyptian inflation eased for the fourth consecutive month in June despite a historic increase in the cost of subsidized bread that feeds a significant portion of...
Cocoa processing slowed last quarter and industry experts warn a steeper decline is looming as the ripple effects of skyrocketing cocoa prices hit chocolatiers globally. Despite...
Saudi Arabia has subtly cautioned the Group of Seven (G-7) nations against seizing nearly $300 billion of Russia’s frozen assets, sources familiar with the discussions have...
Shell Plc has announced plans to explore an offshore oil block in South Africa, near the maritime border with Namibia where recent discoveries have sparked a...
No fewer than 400 fresh graduates have benefited from Unity Bank’s entrepreneurship development initiative, also known as Corpreneurship Challenge over the past five years. This reflects the...
