SEC Charges Tingo Group CEO for Fabricating Financial Statements and Insider…
The Securities and Exchange Commission (SEC) in the United States is set to bring charges against Dozy Mmobuosi,…
Nikola’s Founder, Trevor Milton, Sentenced to Prison for Fraud – A…
Trevor Milton, the founder of Nikola Corporation, has been sentenced to prison after being convicted of fraud. The…
Elon Musk Challenges Climate Alarmism: Advocates Pragmatism and Sustainability at…
Elon Musk, CEO of Tesla, addressed a right-wing summit organized by the Brothers of Italy party in Rome,…
President Tinubu Pledges to Enhance Nigeria’s Investment Climate: Total…
President Bola Tinubu has assured the international investment community of his administration's commitment to…
President Tinubu Inaugurates NNPCL Board with Emphasis on Performance and…
President Bola Tinubu has officially inaugurated the 11-man Board of the Nigerian National Petroleum Company…
Power Sector Challenges Persist: Nigerian Discos Achieve 79% Billing Efficiency in…
The Nigerian Electricity Regulatory Commission (NERC) has released its Q3 quarterly report, revealing that…
Standard Chartered Streamlines Operations: Sells Consumer Banking Business in Côte…
Standard Chartered has finalized an agreement with Coris Group for the sale of its consumer banking business in…
MTN Nigeria Successfully Raises N72.1 Billion in Series 10 Commercial Paper…
MTN Nigeria Communications Plc has announced the successful completion of its Series 10 Commercial Paper issuance,…
NGX Targets Younger Investors: Financial Literacy Campaign Aims to Empower Gen Zs…
The Nigerian Exchange (NGX) is proactively reaching out to younger investors, unveiling plans to engage and…
Stock Market Edges Up 0.02% on Surge in Buying Interest: Transcorp Hotels and…
The Nigerian Exchange Limited (NGX) witnessed a modest positive start to the week, with the stock market gaining…
Mark Zuckerberg Surpasses Warren Buffett and Bill Gates in Wealth Rankings
Mark Zuckerberg, the Founder of Meta, has surpassed Warren Buffett in riches by $7 billion, according to the…
Nigeria’s Inflation Hits 28.20% in November, Highest Since 2016
Nigeria's annual inflation has surged to 28.20% in November, up from 27.33% in October, as reported by the…
TotalEnergies to Construct 216MW Solar Plant with Battery Storage in South Africa
TotalEnergies (TTEF.PA) announced on Friday its readiness to commence the construction of a groundbreaking…
Foreign Investors Crucial as Nigeria Grapples with Economic Challenges
Despite its sizable population, Nigeria's contribution to the total revenues of multinational corporations…
Nigeria’s Naira Devaluation Fails to Boost Non-Oil Exports, Highlighting…
Despite the significant devaluation of the Nigerian naira since June, the country's non-oil exports remain…
Pension Fund Mortgage Initiative Gains Traction: N14.83 Billion Approved for 1,371…
A pioneering initiative allowing pension contributors to utilize a portion of their Retirement Savings Account…
CBN Considers Fintech-Specific Corporate Governance Guidelines to Tackle Growing…
The Central Bank of Nigeria (CBN) is reportedly contemplating the implementation of fintech-specific corporate…
CBN Forecasts Decline in Inflation and Exchange Rate Pressures, Positive Economic…
The Central Bank of Nigeria (CBN) has provided a positive economic outlook for 2024, anticipating a significant…
African Countries Lose $90 Billion Annually to Illicit Financial Flows, Says AfDB…
Kevin Chika Urama, Chief Economist and Vice President at the African Development Bank, has raised alarm over the…
Nairobi Securities Exchange Sees Continued Wealth Erosion in Q4 Despite Select…
The Nairobi Securities Exchange (NSE) has experienced a prolonged wealth erosion trend in the fourth quarter of…
World Bank Approves $150 Million Project to Create 45,000 Jobs in Kenya
The World Bank has approved the Kenya Jobs and Economic Transformation Project (KJET), a $150 million initiative…
Nigerian National Council on Privatisation (NCP) Inaugurated by Vice President…
Vice President Kashim Shettima has inaugurated the newly reconstituted National Council on Privatisation (NCP),…
Nigerian Government Raises N5.85 Trillion via Bond Market in 2023
The Nigerian government, through the Debt Management Office (DMO), has raised approximately N5.85 trillion ($14.1…
Central Bank of Nigeria Assures Adequate Currency Stock Amid Naira Scarcity
The Central Bank of Nigeria (CBN) has reassured the public of an adequate currency stock to meet their needs,…
Nigeria Labour Congress Opposes Federal Government’s Plan to Restructure…
The Nigeria Labour Congress (NLC) has expressed opposition to the proposed plans by the Federal Government to…
World Bank Reports 24 Million More Nigerians in Poverty due to Economic Challenges
The World Bank has disclosed that sluggish economic growth and rising inflation in Nigeria have led to an…
Naira Falls by 4.58% at Official Market Despite Increase in Dollar Liquidity
The Nigerian naira depreciated by 4.58% at the official foreign exchange (FX) market, trading at N904.65 per…
Nigeria Inches Closer to 2024 Financial Inclusion Target, but Gaps Persist
Nigeria has made progress in achieving its 2024 financial inclusion target, with 74% of the population considered…
NNPC CEO, Mele Kyari, Affirms Realistic Target of 1.785 Million BPD for…
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, has…
Kenya Witnesses Surge in Dollar Deposits as Shilling Weakens
The value of dollar deposits in Kenyan commercial banks has surged by Sh528.56 billion in the first 10 months of…