Nigeria’s Foreign Reserves Dip by $4.07 Billion in 11 Months, Hits $33…
Nigeria's foreign reserves experienced a substantial decline of $4.07 billion in the first 11 months of 2023,…
Sovereign Wealth Funds Face Challenges in Scaling Climate Investments Despite…
Sovereign wealth funds, controlling nearly $12 trillion in assets, encounter significant hurdles in rapidly…
World Bank President Urges Record Funding for IDA to Meet Growing Demands
World Bank President Ajay Banga has called on member countries to make the next replenishment of the…
Nigerian President Orders Probe into Deadly Military Drone Attack in Kaduna”
Nigeria's President Bola Tinubu has ordered a comprehensive investigation into a military drone attack over the…
Unprecedented Wealth Transfer: Over 1,000 Billionaires to Pass Down $5.2 Trillion…
An extraordinary wealth transfer is on the horizon, as the UBS Billionaire 2023 report reveals that more than…
Mastercard Foundation Africa Growth Fund Expands Portfolio with Strategic…
The Mastercard Foundation Africa Growth Fund has achieved a significant milestone by making strategic investments…
Controversial Pricing Shift Raises Concerns Over Nigeria’s Oil Revenue…
The Nigerian National Petroleum Corporation (NNPC) is implementing a contentious shift in how it prices its crude…
Increased Fuel Prices Lead to Soaring Interstate Travel Costs for Nigerian…
Holidaymakers in Nigeria, especially those travelling from major cities like Abuja and Lagos to their country…
Soaring Diesel Prices Hit Container Haulage, Threaten Christmas Shopping in…
As the Christmas season approaches, shoppers in Nigeria face the threat of struggling to purchase goods due to the…
EFCC Presents N76.586 Billion Budget to House Committee, Citing Need for Vigilance…
The Economic and Financial Crime Commission (EFCC) defended a budget of N76.586 billion for the next financial…
Senate Summons Nigerian Ports Authority Over Terminal Operators’ $1.85…
The Senate Public Accounts Committee has summoned the Nigerian Ports Authority (NPA) to provide explanations for…
Mounting Pressure on NNPC as December Deadline for Port Harcourt Refinery Nears
With only 26 days remaining until the end of December, the Nigerian National Petroleum Corporation (NNPC) faces…
Nigeria’s Trade Surplus Hits 5-Year High Amid Naira Devaluation
Nigeria's trade surplus has reached its highest point in five years and three months, driven predominantly by the…
COP28 President’s Controversial Stance on Fossil Fuels Sparks Outcry
Sultan Al Jaber, president of the COP28 Climate Summit, has ignited controversy by dismissing the scientific…
Sharp Surge in Dollar Inflow Through CBN: July 2023 Economic Report”
In July 2023, the Central Bank of Nigeria (CBN) witnessed a substantial surge in dollar inflow, marking a notable…
Nigeria Inks Deal for 1 GW Solar PV Manufacturing Plant to Revolutionize Energy…
In a significant move to enhance its energy landscape, the Federal Government of Nigeria has entered into an…
Meta’s 2Africa Subsea Cable Misses Landing Deadline in Nigeria, No New…
Meta's 2Africa subsea cable project, eagerly awaited in Nigeria, has failed to meet its November landing deadline…
UK Announces Stringent Measures to Curtail Legal Migration Amid Record Figures
The United Kingdom has unveiled plans to significantly reduce the number of migrants arriving through legal…
Moody’s Warns of Negative Outlook for Banks in 2024 Due to Global Economic…
Moody's, the credit rating agency, has issued a cautionary outlook for banks in 2024, citing sluggish global…
Oil Prices Stabilize Amid OPEC+ Uncertainty, Middle East Tensions, and Weak U.S.…
Oil markets experienced stability on Tuesday, marked by a delicate balance of factors such as uncertainties…
Senator Jimoh Ibrahim Advocates Borrowing for Economic Growth, Defends COP28…
Senator Jimoh Ibrahim, representing Ondo South in the Nigerian Senate, has reaffirmed his stance that the…
NGX Trading Report: Market Records Turbulent Start, N259 Billion Loss
The Nigerian Stock Exchange (NGX) witnessed a turbulent start to the week as the All-Share Index declined by…
Julius Berger Officially Hands Over Second Niger Bridge to Nigerian Government
Construction giant Julius Berger has officially handed over the completed Second Niger Bridge to the Nigerian…
Prof. Benedict Oramah Named FORBES AFRICA Person of the Year 2023
Prof. Benedict Oramah, the President of the African Export-Import Bank (Afreximbank), has been named FORBES AFRICA…
Nigerian Exchange Lists Additional 398 Million McNichols Consolidated Shares
The Nigerian Exchange Limited (NGX) has listed an additional 398 million ordinary shares of McNichols…
Gold Hits Record Highs, Bitcoin Surpasses $41K in Year-End Rally
As markets enter the last month of the year, gold has reached record highs, trading at $2,100, while Bitcoin…
Allied Climate Partners Launched by World Bank and Charities to Generate $11…
The World Bank's private investment arm has collaborated with major charities to launch the Allied Climate…
ARCH Cold Chain Solutions East Africa Fund: Transforming Cold Chain Logistics…
Overview: ARCH Cold Chain Solutions East Africa Fund is pioneering the development of a comprehensive Cold Chain…
South African Billionaire Family Acquires Controlling Stake in GZ Industries,…
Overview: South African billionaire family, the Oppenheimers, particularly Jonathan Oppenheimer, has secured a…
United Gulf Financial Services North Africa (UGFS) Completes First Closing of D100…
Overview: United Gulf Financial Services North Africa (UGFS) has successfully completed the first closing of its…