Exxon Mobil Corp. in Nigeria declared force majeure on oil liftings from different terminals in the country. BUSINESS METRICS gathered that this development was triggered by...
The gap between the Nigerian naira exchange rates at the investors, exporters’ window and parallel market printed lower at N278 per United States (US) dollar. Creating...
Simon Echewofun Sunday Nigeria continues to suffer from chronic shortage of electric power. The country has an installed electricity generation capacity of around 13,700 megawatts (MW)...
By Sandra Orim The Securities and Exchange Commission (SEC), Nigeria’s apex capital markets regulatory body, has issued a fund/portfolio manager’s licence to Kudy Financials Limited. This...
By Rosemary Iwuala A new consumer-focused survey has projected Konga as the most admired and innovative e-commerce company on the African continent. The survey was published...
Guaranty Trust Holding Company (GTCO) Plc, the holding company for Guaranty Trust Bank and other subsidiaries, recorded marginal decline in profitability in 2022 as pre-tax profit...
By Rosemary Iwuala ALAT by Wema, Africa’s first fully digital bank, is celebrating its sixth anniversary with the launch of “Sounds of ALAT,” a boot camp...
Stakeholders in the ICT industry have urged the National Information Technology Development Agency (NITDA) to focus on its developmental agenda and not delve into the functions...
The International Monetary Fund (IMF) says global growth will bottom out at 2.8 per cent in 2023 before rising modestly to 3.0 per cent in 2024....
By Rosemary Iwuala Fast Credit Limited, one of Nigeria’s leading financial institutions has earned a long-term investment grade rating of “Bbb” from Agusto & Co with...
By Rosemary Iwuala David Malpass, The World Bank Group President, says global growth is expected to be weak in 2023, slowing to two per cent from...
By Rosemary Iwuala The Food and Agriculture Organisation of the United Nations (FAO), Economic of West African States (ECOWAS) and the European Union (EU) has partnered...
By Sandra Orim The International Monetary Fund (IMF) Executive Board has approved a two-year arrangement for Morocco under its Flexible Credit Line (FCL) in an amount...
AI is a transformational technology that is already bringing meaningful and positive change to people and societies around the world. Put simply, AI is an effort...
By Onikepo Braithwaite It is our hope that one thing the incoming administration will prioritise, is attracting Foreign Direct Investment (FDI). FDI is a must, for a...
Konga Travels and Tours has announced the launch of a flexible installment payment scheme for prospective travelers, through which the company intends to expand access to...
By Rosemary Iwuala Moni Africa has launched a new range of business loans that enables Small and Medium Enterprises (SMEs) to leverage their communities to access...
By Rosemary Iwuala Wema Bank Plc has announced the appointment of Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective April 1, 2023....
By Rosemary Iwuala First Bank of Nigeria Limited has announced a phased corporate name change for its subsidiaries in the United Kingdom and Sub-Saharan Africa. The...
By Rosemary Iwuala Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS), to launch the first national...