Binance, the world’s largest cryptocurrency exchange platform, is planning to invest $200 million in Forbes and Magnum Opus business partnership, Forbes announced on Thursday. In August...
A former Deputy Governor of CBN, Prof. Kingsley Moghalu has blamed the crony capitalist system in Nigeria as a reason for the high rate of poverty...
Economic uncertainty continues to dictate Naira exchange rates against key global counterparts. The Naira exchange rates were mixed on Monday 7 February 2022 as the local...
Global oil prices pulled back from their record highs on Monday as concerns over tight supplies wane on the back of continuous progress in the U.S-Iran...
Investors in the Nigerian stock market saw their portfolio rise by N579 billion last week as the Nigerian Exchange Limited (NGX) market capitalisation appreciated by 2.33...
A floating, production, storage and offloading (FPSO) crude oil station, Trinity Spirit owned by Nigeria’s Shebah Exploration & Production Company Ltd (SEPCOL) exploded with 10 crew...
The Nigerian Central Bank had a very busy year in 2021, battling epidemic effects, loss of purchasing power, and fostering economic growth, among other things. Hence,...
Africa’s richest man, Aliko Dangote has partnered Stellantis Group, the parent company of Peugeot, the Kano and Kaduna state government in the assemblage of vehicles in...
The exchange rate for Dollar to Naira today dipped slightly to N416.54 at the official foreign exchange market managed by the Central Bank of Nigeria (CBN)....
The gains recorded in stocks of Ikeja Hotel, Conoil, Academy and others were not enough to sustain the Nigerian Exchange Limited (NGX) bullish run. The Exchange...