Central African States Lift Sanctions, Reintegrate Gabon into Regional Bloc
The Economic Community of Central African States (ECCAS) decided to lift sanctions on Gabon and reintegrate it…
Chinese Regulators Urge Financial Support for China Vanke
Chinese regulators have reportedly convened meetings with financial institutions to address the challenges faced…
Yen Strengthens Against Dollar Despite BOJ Policy Shift
The yen saw gains against the dollar on Monday amidst indications that the Bank of Japan (BOJ) may exit negative…
Australia Poised for Interest Rate Cuts- Macquarie Group CEO
Macquarie Group CEO, Shemara Wikramanayake, forecasts that Australia's economy is primed for interest rate…
Nvidia is Sued by Authors Over AI use of Copyrighted Works
Nvidia, renowned for its chips powering artificial intelligence, faces legal action from three authors who claim…
Governors Assures Action on Food Crisis and Economic Hardship
The Nigeria Governors' Forum (NGF) comprising governors from all thirty-six states has pledged to tackle the…
Court Orders Final Forfeiture of Exotic Cars ‘Stolen’ from Canada
A Federal High Court in Lagos has issued a final forfeiture order for 36 luxury cars that were reportedly stolen…
Allegations of Budget Padding Cause Panic Among Senators
A former deputy leader of the Senate and current lawmaker from Bauchi State, Abdul Ningi, has stirred up…
Nigerian Workers Await New Minimum Wage
Lqst Thursday marked the commencement of discussions on the new minimum wage across Nigeria, sparking hope among…
Vitafoam Nigeria Plc Shareholders Approve N1.95 Billion Dividend
At the 62nd Annual General Meeting (AGM) of Vitafoam Nigeria Plc in Lagos, shareholders unanimously approved the…
African Alliance Vows to Prioritize Stakeholder Satisfaction
African Alliance Insurance reaffirms its dedication to surpassing the expectations of its stakeholders,…
Demand for Transpower, FBNH drive NGX ASI up by 2.61%
Nigeria's stock market witnessed a resurgence of positive sentiments fueled by strong demand for shares of…
President Tinubu Orders Return of Seized Food Items to Owners
President Bola Tinubu has instructed the Nigeria Customs Service (NCS) to return food items seized at various…
Bank of Industry Disburses $6.02 Million to Women
The Bank of Industry (BOI) has announced the disbursement of $6.02 million out of its $10 million investment…
Exchange Disparity Narrows to 0.4%
Following recent market reforms and interventions by the Central Bank of Nigeria (CBN), there are indications of…
AfDB President Unveils $25 Billion Agriculture Investment Plan
Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), is committed to tackling Africa's food…
Nigeria’s Inflation to Reach 30.3% by Year’s End- EIU
The Economist Intelligence Unit (EIU), a renowned London-based firm specializing in forecasting economic trends…
PenCom Denies Granting N10 Trillion Loan to FG
Mrs. Aisha Dahir-Umar, the Director-General of the National Pension Commission (PenCom), refuted reports claiming…
Airline Operators Face Decline in Domestic Passengers
Nigeria's airline operators are experiencing a challenging period characterized by a decline in the number of…
Tinubu Signs Executive Orders on Oil, Gas Reforms
President Bola Tinubu has signed new rules to make Nigeria a prime destination for investments in the oil and gas…
African Startups Raised $217 Million in February 2024 -Report
In February 2024, startups across Africa received a remarkable $217 million in investments, marking a significant…
No Worker Can Survive in Nigeria with Less than N100,000 Monthly – House of Reps
The Nigerian House of Representatives has expressed concern over the inadequate minimum wage for workers in the…
‘AMCON’s New Leadership will Improve Debt recovery’
Raheem Ajayi, a public commentator, believes that the newly appointed Managing Director of the Asset Management…
CBN Issues Warning to Mortgage Banks and Financial Institutions
The Central Bank of Nigeria (CBN) has issued a stern warning to primary mortgage banks (PMBs), development finance…
Africa’s gas production fields declining, AEC warns
NJ Ayuk, the Executive Chairman of the African Energy Chamber, has raised an alarm about the declining state of…
Firm Launches Gas Initiative for Boat Operators
Blue Gas Marine, a US-based company, has introduced compressed natural gas (CNG) for operating passenger boats and…
24 States Can’t Pay Salaries without FG Allocation – Budgets
A recent investigation by The PUNCH reveals that at least 24 states in Nigeria may struggle to pay workers'…
Toilet Paper, Soap Among Nigeria’s Top Import from UK in 2023
Here's a breakdown of the top 5 imported goods from the United Kingdom to Nigeria in the last six months of 2023,…
MTN and Airtel Increase Investments Despite Economic Challenges
Despite Nigeria's economic challenges, two major telecommunication giants, MTN Nigeria Communications Plc and…
Banks Raise Lending Rates Following CBN’s Record MPR Hike
In response to the Central Bank of Nigeria's (CBN) significant increase in the Monetary Policy Rate (MPR),…