British International Investment Commits $15 Million to NMB Bank’s Inaugural…
British International Investment (BII), the UK's development finance institution and impact investor, has!-->…
Government Bolsters Aviation Sector with Key Appointments
In a strategic move aimed at propelling the aviation sector forward, the Nigerian Federal Government has announced!-->…
Navigating Economic Challenges: Nigerians Grapple with Soaring Prices
The recent surge in prices of goods and services, triggered by the abrupt removal of fuel subsidy, escalating!-->…
The Crucial Role of Stockbrokers in Bank Recapitalisation
In a recent statement, Oluwole Adeosun, the President of the Chartered Institute of Stockbrokers, emphasized the!-->…
Self-employed Nigerians Increases to 88 percent- NBS
The National Beureu of Statiatics revealed in a document titled "Nigerian Lqbour Force Statistics Reports Q2 2023"!-->…
Banks, Pos Operators Responsible for Naira scarcity
The Acting Director of Communications and Public Relations, Sidi Ali revealed through a statement made on Thursday!-->…
Illegal refineries undercovered by Nigeria’s military
636 refineries were intercepted from further operations by the Nigerian military and 21m litres of crude oil has!-->…
Nigeria’s Unemployment Rate Rises to 4.2% in 2023
Nigeria's unemployment rate has experienced a slight increase, rising to 4.2% in the second quarter of 2023 from!-->…
Naira Falls at Official Market Despite Increased Dollar Supply
Despite a surge in dollar supply, the official foreign exchange market witnessed a depreciation of the Nigerian!-->…
Port Harcourt Refinery Set to Commence Operations
The Port Harcourt Refinery, with a combined capacity of 210,000 barrels per day, is poised to begin operations!-->…
Flared Gas Worth N696 Billion Can Power Millions of Households
BusinessDay's investigation reveals that Nigeria flared natural gas estimated at N696 billion within the first 11!-->…
Nigeria’s Total Debt Rises Slightly, Reaches N88 Trillion
The Debt Management Office (DMO) report reveals a slight increase in Nigeria's total public debt, reaching N87.91!-->…
Maka Secures $2.65M Seed Funding to Drive Fashion and Beauty E-commerce Expansion…
African fashion and beauty e-commerce platform, Maka, has successfully raised $2.65 million in seed funding led by!-->…
TotalEnergies Commits $6 Billion Investment in Nigeria for Offshore Oil and Gas…
TotalEnergies, the French multinational integrated energy and petroleum company, has pledged a significant!-->…
Angola Announces Exit from OPEC Amid Quota Dispute
Angola, the second-largest crude producer in Africa, has officially declared its departure from the Organization!-->…
NAFDAC Director-General Highlights Challenges in the Fight Against Fake Products
Moji Adeyeye, the Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC),!-->…
Kenyan Unit Trusts Increase Annual Returns to Attract Investments Amid Elevated…
Kenyan unit trusts are boosting their annual returns to remain competitive with the heightened rates offered on!-->…
Kenyan Regulator Fines Carrefour Franchise $7.2 Million for Market Power Abuse
The Competition Authority of Kenya (CAK) has imposed a record $7.2 million fine on a Carrefour franchise in Kenya!-->…
Central Bank of Kenya Faces Challenge as it Seeks to Control Government Borrowing…
The Central Bank of Kenya (CBK) is encountering a significant test in its efforts to manage the cost of!-->…
Delta State Government, NNPC, and UTM Offshore Sign Historic Agreement for…
Delta State Government, Nigerian National Petroleum Company Limited (NNPC), and UTM Offshore Ltd have officially!-->…
Bismarck Rewane Forecasts 3.3% Economic Growth for Nigeria in 2024
Bismarck Rewane, the Chief Executive Officer at Financial Derivatives Company, has made a projection that!-->…
Tony Elumelu-Backed Firms Lead in Stock Returns on NGX in 2023
Among the 30 most capitalized companies on the Nigerian Exchange Limited (NGX), entities associated with!-->…
Presidential Initiative: N75 Billion MSME Loans Disbursement Set to Begin in…
In a strategic collaboration between the Presidency and the Bank of Industry (BOI), a groundbreaking initiative!-->…
Naira Resilience and Stock Market Surge: Exploring Factors Amidst Federal…
Amidst the Federal Government's plans to digitize foreign exchange (FX) transactions, the Nigerian Naira has!-->…
NCC Mandates Full SIM Blockage: Nigeria’s Telecom Operators Set to Enforce…
The Nigerian Communications Commission (NCC) has issued a directive to telecommunications operators, including!-->…
Nigeria Labour Congress Raises Alarm Over Cash Scarcity, Threatens Public Protest
With just five days to Christmas, the Nigeria Labour Congress (NLC) has voiced concerns over the prolonged cash!-->…
Dangote Oil Refinery Receives Two Million Barrels of Crude, Set to Commence…
The Dangote Oil Refining Company, a $19 billion project, is on the brink of commencing petroleum product!-->…
Manchester City Fined £120,000 for Player Misconduct Toward Referee in Tottenham…
Manchester City has been fined £120,000 ($152,000) by the Football Association after their players surrounded!-->…
Volcanic Eruption in Iceland: Thousands Evacuated as Lava Flows and Ash Billows
Approximately 4,000 people were evacuated from the fishing town of Grindavik in Iceland following a volcanic!-->…
Peter Obi Advocates Attracting Foreign Investors Over Chasing Them: A Counter…
The presidential candidate of the Labour Party, Peter Obi, has expressed his view that Nigeria should focus on!-->…