Petrol Price Increased By 54.76% In One Year – NBS
The average retail price of a litre of gasoline rose from N170.42 in February 2022 to N263.76 in February 2023,…
Emefiele Spits Fire, Threatens Errant Banks’ Shareholders
Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), has issued a stern warning to misbehaving…
Credit Suisse Collapse Burns Saudi Investors
The collapse of Credit Suisse also destroyed billions of dollars in investments made by the Olayan family in Saudi…
CBN Raises Interest Rate To 18%, Retains Other Parameters
The Central Bank of Nigeria's (CBN) policy-setting committee increased the monetary policy rate (MPR), which…
Nigeria Pensions: Is it for Everyone?
Pension is necessary for everyone, but eligibility for pensions often depends on various factors. These factors…
Kenya Power now Bets on Goodwill for Dollar Electricity Bill Payments
The industry regulator stated it would not let Kenya Power to bill consumers in dollars and euros, so the company…
Nigeria, Japan trade hits $10b
The yearly commerce between Nigeria and Japan is $10 billion, and it is anticipated that this figure will climb as…
Head of NNPCL’s Oil Trading Division is a French/Swiss National.
Mr. Jean-Marc Codier, a French-Swiss national and former vice president of the Abu Dhabi National Oil Company…
Top 10 Richest People in Africa – Forbes.
It's worth noting that the path to wealth is not always straightforward, and many of the richest people faced…
FCMB Group Issues N20.68bn Bond
In accordance with its N300 billion debt issue plan, FCMB Group Plc has announced the issuance of a N20.68 billion…
NIBSS Reports a 44% Decrease in E-bill Payments Due to a Cash Shortage.
Despite the Central Bank of Nigeria's naira redesign strategy, which aims to increase cashless transactions, the…
International Breweries Supports Climate Action with Gas-Powered Trucks
International Breweries Plc has started using gas-powered vehicles to transport its products around the nation as…
N1trn Debt Payment, Gas Supply, Others Top Gencos’ Agenda for Incoming Govt
The next president should give special attention to a number of challenges that Power Generating Companies…
Despite a Rise in February’s Crude Production, Nigeria’s Oil Rig Count…
Nigeria's oil rig count remained constant at 13 during the month of February despite an increase of around 48,000…
Despite Europe’s Need for Spot Supply, Nigeria’s LNG Production…
According to a Natural Gas Intelligence (NGI) report, the six-train Nigeria LNG (NLNG) facility on Bonny Island…
Due to Shaky Investor Sentiment, the Stock Market fell by N16 bn.
The Nigerian Exchange Limited (NGX) stock market began the new trading week yesterday by extending its losing…
Shell Claims Significant Decline in Nigerian Oil Spills After Shutdown.
In Nigeria's oil-rich Delta, Shell reported a substantial decrease in oil spills in 2022 due to sabotage, which…
In Nigeria, 75% of the Power is Produced by Generators.
According to the most recent assessments from the Society for Planet and Prosperity, GCA Capital Partners, and…
Anger as NNPCL Hiring an Expatriate to Lead a Subsidiary
The nomination of Jean-Marc Cordier as the head of the Nigerian National Petroleum Corporation Limited's oil…
Interswitch CEO Wins Entrepreneur Award
Mr. Mitchell Elegbe, the Chief Executive Officer and Founder of Interswitch Ltd, was recognized on Friday as the…
Jumia Laid Off 20% of Staff in Q4 2022 Amid Work to Reduce Losses by Half this…
Jumia's streamlining initiatives resulted in a 60% drop in management personnel in Dubai and overall headcount…
Nigerian credit-led Fintech FairMoney Acquires PayForce in Retail-merchant Banking…
FairMoney, a Nigerian credit-driven digital banking platform, has acquired PayForce, a small business-focused…
Credable, a Digital Banking Infra Startup that wants to Build Unit For Emerging…
A $2.5 million seed round has been raised by Credable, a newcomer in this field that offers its clients the…
BlackRock Eyes Deal to Buy Into Biggest Africa Wind Power Farm in Kenya
Northern Kenya's Lake Turkana Wind Power is home to Africa's largest wind farm, and a public-private partnership…
Airtel Launches First eSIM Card Services in Tanzania
The eSIM (embedded SIM), a digital SIM that gives users access to the same functionality as physical SIMs sold in…
Moody’s in Tanzania to Evaluate Credit Worthiness
Tanzania can borrow money from foreign markets at fair rates if the government's efforts to improve its credit…
T-bills, Bonds Still Safest to Invest in — Ebo Turkson
According to Assistant Professor of Economics Prof. Festus Ebo Turkson, notwithstanding the government's…
Foreign Investors Dump Over Four billion NSE Shares
In multi-year selloffs, foreign investors have sold nearly four billion Nairobi Stock Exchange (NSE) shares,…
State Owes ViVo Energy Sh21 Billion Fuel Subsidy
The parent company of the oil marketer flagged the delayed payments after the government's debt to Vivo Energy…
SEC Rejects Nigerian Enamelware’s Debt Conversion, Bonus Shares
Nigerian Enamelware Plc's attempt to convert a significant shareholder's debt to equity was denied by the…