The Board of Directors of the African Development Bank (AfDB) has approved two loans amounting to $180 million to co-finance a major energy project that will...
The African Development Bank Group President, Dr Akinwumi Adesina, says a fertiliser crisis triggered by the Russian war in Ukraine could put more than $10 billion...
Participation of foreign investors in the Nigerian economy through the country’s stock market has further faded in the first quarter of the year spanning January to...
Following its successful acquisition of majority stakes in Eterna Plc last November, Preline Limited has moved to further take over 1.3 million ordinary shares belonging to...
Nigerians have remained unflinching to explore blockchain technology and cryptocurrency that rides on it in search of financial succor despite the ban imposed on the digital...
Experts divided on outlook After five weeks of losing supremacy battle to the bears, bulls at the Nigerian Exchange Limited (NGX) finally staged impressive comeback...
The last nine consecutive months have been progressive for telecoms operators in Nigeria as they welcomed additional 11.09 million active subscribers on their various networks during...
The rising cost of crude oil will increase the cost of Nigeria’s gasoline subsidy by nearly ten times what it had originally budgeted, Nigeria’s President Muhammadu...
There was respite for naira, the country’s local currency after the Nigeria’s foreign reserves added $84.25 million to hit $39.635 billion last week. Business Metrics found...
Leading telecommunications equipment manufacturer, Huawei Technologies Limited has recommended the non-standalone (NSA) model which builds on 4G LTE infrastructure to kick-start deployment of the fifth-generation network...
With sustainable finance gaining momentum globally, governments and corporate issuers are paying increasing attention to environmental, social and governance (ESG) factors, and investors, regulators and other...
The International Air Transport Association (IATA) has announced that air travel posted a strong rebound in February 2022 compared to January 2022, as Omicron-related impacts moderated...
The Bank of Industry (BoI) has said it is currently shopping for $6 billion from foreign investors to improve the nation’s real sector. According to the...
The federal government has finally taken its first step to punish non-compliance with linkage of active telephone lines in the country with the National Identity Numbers...
Leading telecoms operator in the country, MTN Nigeria has revealed that its paid 45.92 per cent of its total revenue in 2021 as taxes into government...
Despite oil rally, Nigeria’s foreign reserves dipped by $145.51 million week-on-week to close at $39.52 billion as at March 24, latest data obtained from the Central...
In what can be regarded as a quiet trading week, the local bourse traded within tight bands before settling at 46,964.23 basis points after it lost...
The Nigerian Exchange Group Plc (NGX Group) has assured that it has well-defined strategies and is equipped to sustain market dominance following its N6.78 billion gross...
As CBN retain rates Currency in Circulation moderates to N3.29trn Banks’ credit to the private sector rose Month-On-Month (MoM) by 4.23 per cent to N36.9 trillion...
As many analysts look into how Ukraine war affects Africa, the President of the African Development Bank, Akinwumi Adesina, has warned that many African countries may...