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With Fed’s rate cut at hand, debate swirls over how big a move
As the U.S. Federal Reserve prepares to begin its rate-easing cycle, investors and analysts predict that future!-->…
EU court confirms Qualcomm’s antitrust fine, with minor reduction
Europe's second-highest court upheld a European Commission antitrust fine against U.S. chipmaker Qualcomm for!-->…
Teamsters to meet on Wednesday to consider potential US presidential endorsement
The Teamsters executive board is meeting in Washington on Wednesday to decide its endorsement for the 2024 U.S.!-->…
Exclusive: Commerzbank poised to put CFO Orlopp in charge of talks with UniCredit
Commerzbank is set to appoint CFO Bettina Orlopp to lead discussions with UniCredit, following the Italian bank's!-->…
CBN pegs BDC forex sales at $5,000
The Central Bank of Nigeria (CBN) has introduced a new policy limiting the foreign exchange cash sales by Bureau!-->…
Three marketers to import 141m-litres petrol
Three major oil marketers are set to import about 141 million litres of Premium Motor Spirit (PMS) into Nigeria!-->…
N599bn rights issue to cut FX losses, says NB
Nigerian Breweries Plc has announced plans to reduce its foreign exchange (forex) losses and local debt burden!-->…
Emirates’ bookings slow on dollar charges, visa – Travel agents
Travel agents in Nigeria report that bookings for Emirates flights have slowed down despite the airline's!-->…
CBN to fine banks delaying customers’ complaints resolution
The Central Bank of Nigeria (CBN) has introduced stringent measures against commercial banks, payment service!-->…
Tinubu never asked CBN Gov, Cardoso to resign – Presidency
The Presidency has clarified that President Bola Tinubu has not requested Yemi Cardoso to resign from his position!-->…
Naira falls to N1,656 at I&E Window amid volatility, but hope for recovery…
The naira weakened to N1,656.49 per dollar at the official exchange window on September 17, 2024, marking a 7.12%!-->…
Dangote’s 1,200km gas pipeline abandonment was a business decision, not govt…
The Ministry of Petroleum Resources (Gas) has clarified that Dangote Group's decision to abandon a proposed!-->…
Inflation drops to 32% despite petrol price hike — NBS
Nigeria’s inflation rate fell to 32.15% in August 2024, marking a 1.25% drop from July's 33.40%. However, the rate!-->…
IPPIS not compromised –FG assures
The Office of the Accountant General of the Federation (OAGF) has assured Nigerians that the personal data of!-->…
Esports firm partners bank on education
E-sports company EStars has partnered with Ecobank Nigeria to promote esports education and equip students with!-->…
NEITI: FG, States, LGs Shared N3.473tn from FAAC in Q2 2024
The Federation Accounts Allocation Committee (FAAC) disbursed N3.473 trillion to Nigeria’s three tiers of!-->…
Firm, UKAid, others plan yam exports
Evolvecrest Global Company Limited, in collaboration with UK Aid and South West Nigerian state governments, has!-->…
Nigeria’s 70% windfall bank tax: Rewarding effort, taxing Luck
In 2023, Nigeria's President Bola Tinubu introduced major economic reforms, including removing fuel subsidies and!-->…
FG set to exploit $7trillion global Halal market
On Wednesday, the Federal Government will unveil a strategy aimed at positioning Nigeria as a global leader in the!-->…
Dangote refinery: Queues now a thing of the past, says Otedola
Billionaire businessman Femi Otedola has praised Nigerian President Bola Tinubu following the start of fuel!-->…
[ICYMI] Nigeria, UK battle over Air Peace landing right in Heathrow
Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, has formally protested to the UK aviation!-->…
Trump launches another business full of potential risks and conflicts if he wins
Former US President Donald Trump, alongside his sons and business partners, launched a cryptocurrency platform!-->…
N950/litre Dangote petrol may justify more importation — Marketers
The Nigerian National Petroleum Company Limited (NNPC) has announced that petrol from the Dangote Refinery will!-->…
Global Stock markets surge amid US, China inflation trends
Global stock markets saw declines this week due to inflation data from the U.S. and China, sparking hopes for a!-->…
Regency Alliance grows profit to N1.93bn
Regency Alliance Insurance Plc reported a 225% increase in profit after tax for the year ending December 31, 2023,!-->…
Emirates Airlines unveils plans for return
After a two-year hiatus due to trapped funds and other challenges, Emirates Airlines is preparing to relaunch!-->…
Stakeholders seek synergy amongst oil industry operators
Chairman of the Major Energy Marketers Association of Nigeria (MEMAN), Huub Stokman, has emphasized the need for!-->…
Inflows from domestic dollar bond push forex reserves to $36.9b
Nigeria's foreign exchange (FX) reserves have increased by $337.89 million week-on-week to reach $36.9 billion as!-->…
Cyber Criminals Target Nigerian Businesses with Over 580,000 Threats in 2024
Cyber criminals are increasingly targeting Nigerian businesses, with over 586,000 threats detected in the first!-->…
Stockbrokers launch Lagos District Zone
The Chartered Institute of Stockbrokers (CIS) has officially inaugurated its Lagos Island District Society to!-->…