The Nigerian naira faced a downturn on Wednesday against the US dollar as the local shed 1.47 percent at the black market to N1,500 per dollar....
Oil prices declined by 1 percent amid the uncertainty surrounding the global oil market as the world looks to the Middle East for a solution. Brent...
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 150 basis points from 24.75% to 26.25% following a two-day meeting of...
Financial institutions in Nigeria paid a total of N678 million in fines in the 2023 financial year, according to analysis of their various financial statements. The...
Aliko Dangote, the Chairman of the Dangote Group and Africa’s wealthiest individual has announced that Nigeria is poised to attain fuel independence by next month. Dangote...
The global oil market witnessed a significant surge in prices as political upheaval rocked two of the world’s largest crude producers, Iran and Saudi Arabia. Brent...
Oleksandr Usyk emerged victorious over Tyson Fury to claim the title of undisputed heavyweight champion. The highly anticipated bout, held in Riyadh, Saudi Arabia, showcased the...
Oil prices maintained a steady stance in the global market as signals of strengthening demand in the United States provided support amidst ongoing geopolitical tensions. Brent...
Nigeria is grappling with soaring inflation as data from the statistics agency revealed that the country’s headline inflation surged to a new 28-year high in April....
The Federal Government’s tripartite committee on minimum wage is set to convene today in Abuja to discuss the new national minimum wage. The committee, comprising 37...