Global Trade Faces Setback Amid Red Sea Attacks
Global trade experienced a 1.3% decline from November to December 2023, according to a report from the German…
EU Court Adviser: Google, Amazon, Airbnb Exempt from Italian Rule
An adviser to the European Union's top court has recommended that Alphabet's Google, Amazon, and Airbnb are not…
EFCC: Ministers get Investigated, ICPC Recovers N50bn
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) successfully recovered N50bn that…
Naira Depreciates by 26.36% Against Dollar as CBN Clears $2bn Debt
The Nigerian Naira has experienced a significant 26.36% depreciation against the US Dollar in the official…
Hassan Imam Gets Appointed as New CEO of Keystone Bank
The Central Bank of Nigeria (CBN) appointed Hassan Imam as the new Chief Executive Officer and Managing Director…
FG Allocates N450bn for Power Interventions in 2024 Budget
The Federal Government of Nigeria allocates N450 billion towards power interventions in 2024, as revealed in the…
Nigerian Stock Market Drops by N638bn in the New Year
The Nigerian Exchange Limited experienced its first depreciation in market capitalization for the New Year as the…
Oil Marketers Seek Collaboration with Dangote Refinery
Oil marketers, represented by the Independent Petroleum Marketers Association of Nigeria, plan to meet with…
Tinubu Plans Governance Cost Cut- Daniel Bwala
Daniel Bwala, former member of the All Progressive Congress (APC) and spokesperson for the Atiku Abubakar…
Union Bank Names Yetunde Oni as Managing Director
On Wednesday, Sidi-Ali Hakama, the acting director of Corporate Communication at the Central Bank of Nigeria…
Nigeria Retains Position as One of the Least Powerful Passports Globally”
Nigeria continues to hold its position as one of the least powerful passports globally, impacting the…
Three Nigerian Banks Reaches N1trn Market Cap Milestone
This year, three of Nigeria's largest banks achieved the N1 trillion market capitalization milestone, marking…
NNPC Record Profits and Suppressions on Oil Thieves
The Nigerian National Petroleum Company Limited (NNPCL) announced a remarkable profit of N2.548tn in 2022, marking…
New Leadership at Kaduna Electricity Distribution Plc: Mr Umar Hashidu Takes Helm…
Kaduna Electricity Distribution Plc has welcomed Mr Umar Hashidu as its new Chief Executive Officer (CEO),…
World Bank Forecasts Nigeria’s Per Capita Income Recovery by 2025
The World Bank's January 2024 Global Economic Prospects report predicts a return of Nigeria's per capita income to…
NASENI Signs Multibillion-Dollar MoUs for Technological Advancements
The National Agency for Science and Engineering Infrastructure (NASENI) has inked multibillion-dollar Memoranda of…
Cash Scarcity Persists: Nigerians Endure High PoS Costs Despite Central Bank…
Nigerian customers continue to face challenges in accessing cash, leading to increased reliance on high-cost PoS…
Departure of BPE and FCCPC Heads: Not Dismissals, but Relief from Positions-…
The Presidency has clarified that the departure of the heads of the Bureau of Public Enterprises (BPE) and the…
Ahead of AFCON:Football Fans Express Discontent Over Startimes’ Subscription…
Football fans are expressing shock and disappointment as StarTimes announces a 15% increase in subscription prices…
NAFDAC Highlights Strategies for Consumers to Identify Fake Products
In the battle against counterfeit drugs and unwholesome products in the Nigerian market, the National Agency for…
Nigeria Faces 65% Drop in Foreign Investments, Loses Top Spot to Kenya
Foreign investments in Nigerian startups experienced a significant decline, falling by 65.83% year-on-year to $410…
U.S. Stock Futures Retreat, Boeing Faces New Woes, Nvidia Hits Record High
U.S. stock futures are poised for a potential pullback after Monday's rally, influenced by gains in chip designer…
U.S. Dollar Rebounds, Euro Falters on Weak German Data
The U.S. dollar makes a comeback in early European trade, reclaiming ground lost after slipping from its…
Citi Downgrades Netflix, Cites “Lofty Expectations”
Citi strategists downgrade Netflix (NFLX) from Buy to Neutral, leading to a 2% pre-market decline. The rationale…
Global Markets Hold Gains, Eyes on CPI Data and Rate Cut Expectations
Global markets maintained their gains on Tuesday following a tech-led rally on Wall Street and lower oil prices.…
Global X Optimistic about Brazil’s Economic Prospects, Sees Investment…
Global X, a leading exchange-traded funds (ETF) provider with assets of around $48 billion worldwide, expresses…
European Equities Slip Amid Losses in Tech and Financial Stocks
European equities experienced a decline on Tuesday, primarily driven by losses in technology and financial stocks.…
Dollar Rally Paused as U.S. Inflation Expectations Decline
The U.S. dollar rally faced a pause on Tuesday as a decline in U.S. consumer inflation expectations influenced…
UBA Hits N1 Trillion Market Capitalization
United Bank for Africa (UBA) achieved a significant milestone as its market capitalization surpassed the N1…
Equity Market’s Rally Surpasses N3.5 Trillion in Seven-Day Streak
The Nigerian Exchange Limited's bullish run continued into its seventh day on Monday, yielding a daily gain of…