The Nigerian Naira came under renewed pressure against the United States Dollar in the informal foreign exchange market on Thursday as demand for foreign currency intensified...
Dangote Refinery has aligned daily fuel production with evacuation capacity, achieving matched offtake of about 50 million litres per day, a development that underscores growing operational...
Dangote Refinery’s Managing Director, David Bird, has said that sustained domestic refining and stable fuel pricing are playing a critical role in supporting the naira and...
Nigeria Revenue Service has commenced enforcement of 7.5% value-added tax (VAT) on service charges linked to digital financial transactions, leading to higher fees across point-of-sale payments,...
Nigeria is among 75 countries impacted by a decision of the United States Department of State to pause immigrant visa issuance as it reviews screening and...
The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc, to its Daily Official List. The...
Paystack has completed the acquisition of Ladder Microfinance Bank as it moves to transition from a payments-focused model into regulated banking operations. The transaction provides Paystack with...
Nigeria is on track for its strongest economic expansion in more than a decade as structural reforms, improving macroeconomic stability, and sectoral recovery combine to lift...
Central Bank of Nigeria (CBN)’s sustained liquidity withdrawal measures have led to a marked deceleration in the pace of money supply across the financial system. The...
Eko Electricity Distribution Plc has appointed an internal executive to assume interim leadership of the company. The move signals a deliberate focus on continuity and institutional...