Goldman Sachs raises S&P 500 year-end target to 5,600
Goldman Sachs has increased its 2024 year-end target for the S&P 500 Index to 5,600, up from a previous target…
Shares stable, euro downtrodden as political turmoil saps market mood
Shares stabilized on Monday as European stocks partially recovered from last week's losses, with the euro…
SK Group to protect affiliates from hostile takeover after chairman’s…
South Korea's SK Group Chairman, Chey Tae-won, addressed concerns on Monday about the potential impact of his…
At Toyota shareholder meeting, all eyes on level of support for chairman
Toyota Motor Corporation's Chairman, Akio Toyoda, is expected to secure re-election at the automaker's annual…
Murray-Bruce, Omokri support Fidelity Bank, urge Nigerians to buy its stock
Former Senator Ben Murray-Bruce and ex-presidential aide Reno Omokri have both expressed strong endorsements for…
Nigeria’s FX reserves stablise at $33.16bn amid inflation surge
Nigeria's foreign exchange (FX) reserves have demonstrated remarkable stability, holding firm at $33.16 billion,…
Changan posts 3.29% rise in May sales, gets more popular in Nigeria
Chinese automaker Changan Automobile reported a modest increase in May sales. According to a production and sales…
FG sets 9-month timeline for 2024 oil block licensing round
In a significant shift from previous practices, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has…
Growth Stack wins tech award
Growth Stack has been honored as Africa’s most trusted software development company of the year by the African…
SEC Chief Warns on Risks of Innovation at Capital Market Summit
Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), has urged stakeholders in…
Rubicola Partners NGX, ACCA On Sustainability, Climate Risk Disclosures
In an effort to enhance corporate transparency and sustainability in Nigeria, Rubicola Consulting has partnered…
SAHCO grows gross profit to N8.19bn
Skyway Aviation Handling Company (SAHCO) Plc announced a substantial growth in its gross profit, reaching N8.195…
Recapitalisation: Wema Bank Gets Approval For N40bn Rights Issue
Wema Bank has announced the successful conclusion of the first tranche of its recapitalisation exercise, securing…
Senegal Joins Oil-Producing Countries, Begins Production
Senegal has achieved a historic milestone by officially commencing oil production, thereby joining the ranks of…
Nigeria’s Eurobond Issuance Plans Remain Uncertain
Nigeria's planned Eurobond issuance has left investors and market players in uncertainty as authorities have not…
Ghana Faces Three-Week Power Interruption Due to Reduced Gas Supply from Nigeria
Ghana's state-owned electricity company, the Electricity Company of Ghana (ECG), has announced a three-week power…
Meta Trims Office Space in Lagos after layoffs
Meta, the parent company of Facebook, Instagram, and WhatsApp, is downsizing its office space in Lagos, Nigeria,…
Amazon to invest $230 million in generative AI startups globally
Amazon Web Services (AWS) has launched a $230 million fund to support startups globally in accelerating the…
G7 partners pledges $420-million-dollar investments for Africa as Nigeria…
Leaders from the Group of Seven (G7) countries, along with representatives from Italy and the United States…
NDIC Lists Heritage Bank Assets for Sale Nationwide Following License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) has announced the sale of Heritage Bank's assets nationwide…
Customs Seizes 26,950 Litres of Smuggled Petroleum Products in Lagos, Ogun States
The Nigeria Customs Service (NCS) intercepted 26,950 litres of petroleum products valued at N19 million in Lagos…
World Bank, WTO, NITDA Move To Enhance Digital Trade
The National Information Technology Development Agency (NITDA), the World Bank, and the World Trade Organisation…
Hyundai Upgrades 2025 Santa Fe
Hyundai has unveiled the fifth generation of the popular Santa Fe, featuring significant upgrades including a new…
Minister Unveils Nigeria’s Largest Syringe Manufacturer
Dr. Tunji Alausa, the Minister of State for Health and Social Welfare, has called for collaboration among…
Minimum wage: Our agreement with FG is N250,000 – NLC, TUC
The Organised Labour has firmly stated that the only agreement it recognizes with the Federal Government regarding…
NNPCL Calls For Establishment Of Special Court Over Crude Oil Theft
Mr. Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), has called on…
Money market funds grow by 14% in 5 months
In the first five months of 2024, Nigeria's money market funds saw a significant increase of 14%, driven by…
Food & Beverage West Africa Show Declared a Huge Success with Over 5,000…
The Food & Beverage West Africa Show, organized by BtoB Event, has been deemed a significant success with a…
Shelter Afrique Set to Transform into Dynamic Development Bank at 43rd Annual…
Shelter Afrique Development Bank is set to undergo a significant transformation during its 43rd Annual General…
Aiteo-Nembe Dispute Threatens Nigeria’s Oil Production
Nigeria's daily crude oil production, which currently stands at 1.5 million barrels per day, is at risk of…