Aliko Dangote, Africa’s richest person and founder of the Dangote Group, announced that he has repaid $2.4 billion of the $5.5 billion borrowed to construct his...
The Nigerian equity market experienced a significant downturn on Tuesday, losing N92.32 billion in market value. This decline was largely driven by drops in the share...
The Federal Government has declared Wednesday, June 12, a public holiday in commemoration of this year’s Democracy Day celebration. The announcement was made in a statement...
Flour Mills Nigeria, alongside other key players in the Nigerian equity market, propelled the market to a significant gain of N323 billion in market capitalization on...
A forensic audit conducted by global accounting firm KPMG has uncovered a N3.3 trillion discrepancy in the fuel subsidy claims made by the Nigerian National Petroleum...
Commercial and merchant banks across the country have adjusted their lending rates in response to the Central Bank of Nigeria’s (CBN) recent decision to raise the...
Oil prices steadied on Monday with Brent crude trading near $80 per barrel and West Texas Intermediate (WTI) hovering around $76. This stabilization follows a 2.5%...
Oil prices experienced an upward trend on Thursday, driven by growing expectations that the U.S. Federal Reserve might cut interest rates in September. This optimism, however,...
The Nigerian equities market rebounded with a 0.24 percent gain on Wednesday following two consecutive losses recorded earlier in the week. The Nigerian Exchange Limited (NGX)...
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have announced the suspension of their industrial action for one week. The strike, initiated to...