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Xpeng Shares Spike 10% As The Chinese Electric Carmaker Teases New SUV To Launch…
Chinese electric carmaker Xpeng teased a new sports utility vehicle on Friday, with the launch scheduled for next…
Stock Market Sheds N51bn As Investors Take Profits
The Nigerian equities market fell for the second consecutive day on Thursday, with the total market value losing …
Libya Overtakes Nigeria As Africa’s Biggest Oil Producer
Nigeria has lost its Africa’s top oil producer status to Libya as its crude oil production fell further last month…
Dangote Committed To Bridging Unemployment Gap
Dangote Industries Limited has restated its commitment to contributing to significant reduction in the number of…
Naira Appreciates Further, Trades N530 A Dollar At Parallel Market
The naira has appreciated further against the dollar at the parallel market on Thursday to trade at N530 per…
ASUS Launches Vivobook 13 Slate OLED
Taiwanese multinational computer and phone hardwares and electronics company, ASUS, on Wednesday,…
China Ready To Assist Nigeria Boost Export, Industrialisation – Envoy
Cui Jianchun, the Ambassador of the Peoples Republic of China to Nigeria, has said that China was ready to work…
Deportation Threat – NIS Renews 250 Passports For Nigerians In Kuwait
The Nigeria Immigration Service (NIS) has said 250 passports meant for Nigerians living in Kuwait have been handed…
Nigerian Currency Traders Ask Central Bank For Official Market Access
Nigeria’s bureau de change operators have asked the central bank to consider a framework that will enable them…
Gold Extends Gains As U.S. Inflation Surges
Gold prices edged higher on Thursday, extending a rally fuelled by a surge in U.S. consumer prices that spurred…
EU Forecast Sees Euro-Area Inflation Settling At 2.2% In 2022
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Operational Issues, Sabotage Drag Nigeria’s October Quota By 261,000bpd
Despite higher crude prices and allocation, as the Organisation of Petroleum Exporting Countries (OPEC) and its…
Another Warning From Bank Of England As Bitcoin, Ether Hit Highs
The bitcoin price has reached a new record high, breaking through $68,000 and falling a touch to $67,920 at 11.05am…
Nigeria’s Debt Adequately Reported – World Bank
The World Bank in its latest report has commended Nigeria’s debt reporting citing that 40 per cent of low-income…
MTN Nigeria, Dangote Cement, Others Opex Hits N1.5 Trillion Driven By Inflation,…
On the heels of impressive earnings in nine months ended September 30, 2021, it has emerged that double-digit…
NGX Pushes Ahead With Retail Participation Drive
The Nigerian Exchange Limited has announced that it will be holding its fourth retail investor workshop in 2021 in…
SEC Urges Firms To Tap Islamic Capital Market
The Securities and Exchange Commission has advised corporate organisations to leverage the Islamic capital market,…
China’s JD.com Smashes Through Its Singles Day Record With $48.7 Billion In Sales…
Chinese e-commerce giant JD.com has racked up 311.4 billion yuan ($48.6 billion) in sales across its platforms as…
Construction Giant Ronchess PLC Gets Listed In The Nigerian Stock Exchange
The Nigerian Exchange (formerly known as the Nigerian Stock Exchange), has approved the listing of Ronchess Global…
Nigeria Holds 29% Africa’s Total Oil Reserve – OPEC
The Organization of Petroleum Exporting Countries (OPEC) has said Africa’s proven oil reserves reached 126 billion…
Emirates’ Loss Narrows To $1.6bn As Travel Restrictions Ease
Emirates Group has reported that its net loss for the first half of the 2021/2022 financial year fell to $1.6bn…
FEC Approves 2021-2025 National Development Plan, Projects N348.7tn Investments
The Federal Executive Council presided over by Vice President Yemi Osinbajo on Wednesday approved the 2021-2025…
World Bank Demands Debt Transparency, Says Nigeria, Others Need $429bn
The World Bank has demanded debt transparency as a crucial step in countries’ development process, while it…
France Asks Nigeria To Create Enabling Environment For French Companies
Franck Riester, French minister of foreign trade and economic attractiveness, says Nigeria needs to create an…
Aviation Fuel Price Rises By 70%, International Airlines May Raise Fares
The International Air Transport Association has said the price of jet fuel has continued to increase in recent…
Naira Gains 3.6% To Trade N540/$1 At Parallel Market
The Nigerian naira has appreciated by 3.6% to N540/$1 at the parallel market — almost four months after the Central…
Senate Approves Buhari’s $16 Billion, €1 Billion Loan Requests
The upper legislative chamber also approved grant components of $125 million.
The president had requested the…
Rolls Royce Launches New Brand Amid Market Enthusiasm
Rolls-Royce Motor Cars Lagos has announced the debut of the latest brand under its Black Badge model, Ghost, amid…
Billionaire Aliko Dangote’s Net Worth Rises To $19.2bn From $17.8bn In August
Africa’s richest man, Aliko Dangote, has significantly moved up in the Bloomberg Billionaires Index as his fortune…
Asia Stocks Mixed; Shares Of Chinese Developer Fantasia Plunge In Return To Trade
Shares in Asia-Pacific were mixed on Wednesday as investors reacted to the release of Chinese inflation data…