NDIC Trains Law Enforcement Operatives to Probe Revoked MfBs and PMBs
The Nigeria Deposit Insurance Corporation (NDIC) has organized a workshop to train law enforcement operatives and!-->…
Coronation Insurance Delays Shareholders’ Meeting for NGX Delisting…
The planned shareholders' meeting of Coronation Insurance Plc, which was ordered by the court and aimed at!-->…
CBN’s Efforts Bring Hope for Resolution of Telcos’ USSD Debt Dispute
After a prolonged dispute between Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) over unpaid debts!-->…
Africa’s Marine and Coastal Tourism Sector Poised for $100 Billion…
Africa holds a significant economic opportunity within its grasp, owning approximately one-third of the world's!-->…
Transcorp Group: A Driving Force for Nigeria’s Energy Transformation
Transcorp Group, under the leadership of Chairman Tony Elumelu, is emerging as a pivotal force in propelling!-->…
Seplat Energy Clarifies Ownership Amidst Oil Rig Incident Controversy
Seplat Energy, an independent oil producer, has responded to controversies surrounding the ownership of the!-->…
Naira Strengthens Against Dollar Following CBN’s Forex Market Intervention
The Nigerian naira demonstrated strength against the US dollar, closing at 740.67/$ on the Investor & Exporter!-->…
Nigeria Ready to Join Second Phase of AfCFTA’s Guided Trade Initiative
Nigeria's participation in the second phase of the Guided Trade Initiative (GTI) under the African Continental!-->…
Central Bank of Nigeria Launches Price Verification System to Enhance Trade…
The Central Bank of Nigeria (CBN) has officially launched its Price Verification System (PVS) portal, which will!-->…
ECOWAS Prepared to Intervene Militarily in Niger Republic’s Political Crisis
The Economic Community of West African States (ECOWAS) has announced its readiness to intervene militarily in!-->…
Nigerian Stock Exchange Continues Bearish Trend, Market Capitalization Drops by…
The Nigerian Stock Exchange (NSE) has extended its bearish performance from the previous trading session,!-->…
Binance Shuts Down Fiat-to-Crypto Platform Amidst Crypto Market Fluctuations
Binance, a prominent cryptocurrency exchange, has announced the closure of its fiat-to-crypto payments platform,!-->…
US Unemployment Claims Fall Slightly, Indicating a Tight Labor Market
The number of Americans filing new claims for unemployment benefits fell by 11,000 to a seasonally adjusted!-->…
China’s Reluctant Response to Economic Challenges Raises Concerns
China's economy is facing challenges such as a potential property crisis and stagnation, leading to concerns over!-->…
Investors Call for Government Support Amid Decline in Manufacturing Sector…
The local manufacturing industry in Nigeria has been hit hard by the harsh operating environment, leading to a!-->…
Legal Battle Over First Bank Holdings Shares Continues, Court Adjourns Hearing
A Federal High Court in Lagos has adjourned a hearing on various applications related to the controlling shares of!-->…
Suspended Nigerian Central Bank Governor Faces N6.9 Billion Procurement Fraud…
Suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele is set to be arraigned in court alongside an!-->…
Nigerian Export Promotion Council Targets Over $5 Billion Revenue from Non-Oil…
The Nigerian Export Promotion Council (NEPC) is aiming to generate more than $5 billion in revenue from non-oil!-->…
Manufacturers Association of Nigeria Raises Concerns Over Inflation’s Impact…
The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has expressed concerns!-->…
Nigerian Liquefied Natural Gas Ltd Shutdown Threatens Gas Production
The continued shutdown of operations by Nigerian Liquefied Natural Gas Ltd (NLNG) is posing a serious risk to the!-->…
Nigeria Secures $3 Billion Emergency Loan to Stabilize Naira Amid Concerns
The Nigerian National Petroleum Company Limited (NNPCL) and Afreximbank have jointly signed a commitment letter!-->…
Naira Rebounds Against Dollar as CBN Announces Intervention
The Nigerian naira has rebounded against the United States dollar in the parallel market, closing at 850/dollar.!-->…
Bank Consolidation Gathers Pace in Tanzania, 15 Banks Vanish in 5 Years
The banking landscape in Tanzania has witnessed significant consolidation over the past five years, resulting in!-->…
Nigeria’s Inflation Hits Highest Level in Almost Two Decades Amid Reforms
Nigeria's annual inflation rate has surged to 24.08% in July, marking its highest level in nearly two decades and!-->…
FMCGs Report Significant Net Foreign Exchange Losses Amid Exchange Rate…
Major consumer goods companies in Nigeria, especially in the fast-moving consumer goods (FMCG) sector, have!-->…
Disability Inclusion Forum Urges President to Review VAT, Address Socioeconomic…
The Accelerate Disability Inclusion in Emergencies Forum (ADIE) has called on President Bola Tinubu to revert the!-->…
Nigeria Air’s Commencement of Operations Delayed Due to Lack of Airline…
The proposed national carrier of Nigeria, Nigeria Air, may face further delays in commencing operations as it!-->…
Nigerian Government Considers Selling Stakes in State-Owned Companies to Raise…
The Nigerian Federal Government is reportedly exploring the possibility of selling stakes in around 20 state-run!-->…
Nigerian Oil Marketers Urge Gradual Relaxation of Fuel Subsidy Removal
Oil marketers in Nigeria have advised President Bola Tinubu to consider a gradual relaxation of the removal of!-->…
Resilient Trade Relations Between Ghana and the USA Reach All-Time High
Trade relations between Ghana and the United States of America (USA) have demonstrated remarkable resilience, with!-->…