Thanks to the increasing popularity of fast, economical 4G/5G networks, the fact that even low-cost phones come well equipped with...
Nigeria’s use of foreign exchange nearly doubled to $50.93 billion in 2025 as businesses, financial institutions and importers increased demand...
FirstBank of Nigeria Limited is spending more than N6 billion annually on cybersecurity as the lender expands its digital banking...
Dangote Petroleum Refinery has secured extended court protection against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), allowing the...
Banking system liquidity surged to N7.35 trillion as the Central Bank of Nigeria (CBN) lowered rates on Open Market Operation...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained largely stable on...
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...
Highly-rated, independent investment advisory firms have picked Fidelity Bank as a very attractive stock with potential to generate high returns for investors. Independent investment research reports...
Nigerian equities gained 0.03 percent or N22 billion on Thursday to maintain a tepid but positive sentiment amidst mixed trading activities. The slight increase was attributed...
Nigerian musicians have experienced a shift in their fortunes on the global streaming platform Spotify with revenue surging by a 2,500% over the past seven years....
The Federal Government has disclosed that it pays $1.12 billion to service foreign debts in the first quarter of 2024 alone. This amount shows the escalating...
Brent crude oil continued its upward trajectory above $84 a barrel as demand in the United States and China, the two largest consumers of crude globally...
Amidst the ongoing economic turbulence in Nigeria, the depreciation of the Naira has inflicted a significant blow to businesses and importers. The latest casualty is the...
In the ongoing trial of Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), a significant revelation emerged as Victor Onyejiuwa, managing director of...
First Bank of Nigeria Limited has announced the appointment of Mr. Ebenezer Olufowose as its new Chairman. This significant change follows the completion of the tenure...
The International Monetary Fund (IMF) has said Nigeria’s growth prospects will barely exceed its population expansion despite recent economic reforms. Axel Schimmelpfennig, the IMF’s mission chief...
Zimbabwe, in a bid to stabilize its currency and clamp down on black-market trading, has introduced stringent regulations to penalize individuals and companies found violating the...
