The Organisation of Petroleum Exporting Countries (OPEC) recently released its Monthly Oil Market Report, confirming that Nigeria produced 1.3 million barrels per day (bpd) of crude...
According to recent data from the Nigeria Interbank Settlement System (NIBSS), the value of E-payment transactions in Nigeria fell to N37.67 trillion in February 2023, a...
Oil prices dipped slightly on Tuesday as the uncertainty surrounding the collapse of Silicon Valley Bank (SVB) continues to weigh on risky assets and fuelled concerns...
VC companies like the Y combinator accelerator which help African Tech startups raise funds were reported to be affected, as 30 percent of their portfolio companies...
On Friday, the U.S. Federal Deposit Insurance Corp. (FDIC) announced Silicon Valley Bank (SVB) has been shut down following a series of financial challenges, making it...
Nigeria’s total exports rose by 41.72% from N18.91tn in 2021 to N26.79tn in 2022, thanks to a significant increase in crude oil sales, which accounted for...
Co-Founder and CEO of Nigeria’s fintech company Flutterwave, Olugbenga Agboola has recently acquired a luxurious Miami beach home for $7.1 million (N3.2 billion). Records reveal that...
The Independent National Electoral Commission (INEC) is currently considering the possibility of postponing the upcoming governorship and state assembly elections, following the legal battles that have...
Following the Supreme Court judgement, some commercial banks including Access Bank and GTB have started paying out old N500 and N1,000 notes to customers. Bank customers...
Dangote Sugar Refinery Plc, Nigeria’s leading sugar manufacturing company, has proposed to pay a final dividend of N1.50 for every shares of 50kobo held in the...