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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that Shell’s $1.3 billion deal to sell…

American businessman Marco Antonio Ramirez has been sentenced to 68 years in prison by a Lagos court for…

The Federal Government of Nigeria has unveiled a comprehensive plan aimed at generating $100 billion annually and…

Guaranty Trust Holding Company (GTCO) Plc has achieved a historic milestone by becoming the first Nigerian…

The Federal Government of Nigeria has established a five-member committee to address the issues of multiple…

Airtel Africa has approved an initial $500,000 to fund the Airtel Africa Fellowship Program, aimed at supporting…

Osubi Airport in Warri has seen significant growth in passenger traffic and revenue in the first half of 2024,…

Nigeria’s trade surplus experienced a significant rise in the second quarter of 2024, climbing 33.9%…

In the first half of 2024 (H1'24), a total of 14,179 Retirement Savings Account (RSA) holders who lost their jobs…

Nigeria's crude oil production increased to 1.352 million barrels per day (mbpd) in August 2024, up from 1.307…

The Barge Operators Association of Nigeria (BOAN) has announced that its members successfully mobilized four…

Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream…

Italy's UniCredit has acquired a 9% stake in Germany's Commerzbank for €700 million, raising speculation that…

Indonesian crypto exchange Indodax has suffered a major hack, losing $22 million in assets from its hot wallets.…

First Bank of Nigeria (FBN) has confirmed that the recent sale of its 100% equity stake applies solely to FBNQuest…

Mastercard has introduced a new Bitcoin debit card in partnership with crypto payment company Mercuryo. This card…

Taiwan is ready to support Nigeria in boosting its technology sector, as revealed by Mr. James Huang, Chairman of…

Nigeria’s Minister of Finance, Mr. Wale Edun, has debunked rumors that the Federal Government raised the…

Nigeria’s first-ever foreign-currency domestic bond has successfully attracted $900 million in subscriptions,…

Four days before the Nigerian National Petroleum Company Limited (NNPC) was set to begin lifting Premium Motor…

The Nigerian naira continued to decline against the US dollar, closing at N1637.59 at the end of trading on…

Nigeria’s financial sector grew by more than 30% in the first half of 2024, signaling strong economic recovery…

Nigeria’s crude oil production increased from 1.307 million barrels per day (mbpd) in July to 1.352 mbpd in…

Kuda, through its Kuda Business platform, has launched virtual and physical point-of-sale (PoS) products aimed at…

The Nigerian government is set to implement a new Electronic Money Transfer Levy (EMTL) from September 9, 2024. …

Shell International Plc has secured approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to…

BMW has revised its profitability forecast for 2024, now expecting an EBIT margin of 6% to 7% instead of the…

Google has lost its appeal against a €2.42 billion fine from the European Commission for unfairly promoting its…

EU antitrust chief Margrethe Vestager celebrated two major victories as the European Court of Justice upheld fines…

Small-business confidence in the U.S. fell in August, reversing July’s gains due to growing uncertainty ahead of…