The telecommunications and Information Services sector in Nigeria has, in the first quarter 2023, delivered a handsome N2.508 trillion in terms of financial value contribution to...
Awacash, a fintech platform, has recently received a microfinance bank license from the Central Bank of Nigeria (CBN), marking a significant achievement following its earlier acquisition...
By Sandra Orim Nigeria’s former Minister of Information and Culture, Lai Mohammed has been appointed as the managing partner of an international lobbying firm, Ballard Partners....
Oil prices were under pressure on Tuesday and thus eased by 1% as worries that sluggish global economic growth could reduce energy demand outweighed Saudi Arabia’s...
Naira remained stable on Tuesday, exchanging at N464.67 to the dollar at the Investors and Exporters’ window. The local currency did not change from its value...
Sentiments in the local bourse turned positive as the All-Share Index (ASI) increased by 0.4% to close at 56,038.85 basis points at the end of Tuesday’s...
By FXTM Analysts Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P 500 closed at its highest level...
The European Commission has followed the United States in approving the world’s first vaccine for the Respiratory Syncytial Virus, to be used by adults aged 60...
Nigeria’s Foreign Trade Posts N927.2 billion Surplus Nigeria recorded a total foreign trade of N12.05 trillion in the first quarter of 2023, a marginal uptick of...
Mara, a leading blockchain-based technology firm, has announced an initiative aimed at training 500,000 government employees on the intricacies of blockchain technology in partnership with the...
Helium Health, a Nigerian healthtech company, has secured $30 million in investment from a Series B funding round. According to Helium Health, the funding will be...
Cryptocurrency insurance company, Evertas is now insured to cover policies of up to $420 million from its previous limit of just $5 million, Reuters reported. London-based...
Nigeria’s electricity export has earned the country a total of $369.22 million in the last two years, BUSINESS METRICS has gathered. Data obtained from the Central...
Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end of 2021. The new ratio was...
The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment of $20 million in the Africa50 Infrastructure Acceleration Fund I in...
The Nigerian equities market traded marginally higher as sustained interest in BUA FOODS (+5.6%) underpinned a 0.06% increase in the All-Share Index to 55,769.28 points. In...
The Chief Operating Officer i-Invest, Tobi Olusoga has disclosed that in five years, the company recorded over 130,000 subscribers. According to her, the subscribers have executed...
To further diversify its debt profile, Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, has secured a $625 million syndicated loan with new lenders...
Prof. Umar Garba Danbatta, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), will be conferred with the esteemed National Productivity Order of Merit (NPOM)...
The Nigerian National Petroleum Company (NNPC) Limited has described total removal of fuel subsidy as announced by the President Bola Tinubu, Nigeria’s new president, as a...