Abdul Samad Rabiu, Nigeria’s second richest man and one of Africa’s most influential industrialists, has maintained a significant presence in...
Stanbic IBTC Holdings Plc reported a 134 percent increase in net interest income to ₦410.45 billion in the year ended...
MRS Oil Nigeria Plc has adjusted its pump price of Premium Motor Spirit (PMS), popularly known has petrol, to between...
Green Africa has suspended all flight operations temporarily following unresolved issues related to its aircraft lessor arrangement. The development was...
Nigeria’s interbank lending rate surged to 28.58 percent in January 2025, the highest level in five years as the Central...
Aliko Dangote remains firmly positioned as Africa’s wealthiest individual, with an estimated net worth of $28.1 billion as of March...
The United States government is moving closer to finalizing a deal that will see TikTok’s ownership structure altered ahead of...
The World Bank has approved $632 million in new loans for Nigeria to support education and nutrition initiatives, bringing total...
Gold rose above $3,100 per ounce on Monday following increased demand for safe-haven assets after President Donald Trump threatened secondary...
United States President Donald Trump has issued a direct warning to Russia, threatening to impose secondary sanctions on countries buying Russian crude if President Vladimir Putin...
The Senate has raised concerns over the proposed divestment of Lafarge Africa Plc by its majority shareholder, Holcim AG, to Huaxin Cement Co., a Chinese cement...
Oil prices advanced more than 7 percent in the last three weeks as fresh U.S. sanctions on Venezuela and Iran, combined with falling U.S. crude inventories,...
MRS Oil Nigeria Plc grew profit after tax by 60.5 percent from N4.05 billion recorded in 2023 to N6.49 billion for the financial year ended December...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially entered the final stages of preparations for its highly anticipated debut on the Nigerian capital market...
The Economic and Financial Crimes Commission (EFCC) has filed a preliminary objection to challenge the competence of a lawsuit instituted by former Minister of Petroleum Resources,...
Zhang Yiming, the tech visionary behind ByteDance Ltd., has officially become China’s richest individual, surpassing bottled water magnate Zhong Shanshan and Tencent Holdings co-founder Ma Huateng with...
The Minister of Interior, Olubunmi Tunji-Ojo, has issued a strong condemnation of a recent incident in which an immigration officer was reportedly shot on the premises...
The House of Representatives has withdrawn its earlier approval of a constitutional amendment bill seeking to strip the Vice President, state governors, and their deputies of...
UK-based media and telecommunications giant Sky has announced plans to cut approximately 2,000 jobs or 7 percent of its workforce as the company intensifies efforts to automate...
