As the Nigerian Exchange Limited (NGX) began another trading week on Monday, the equities market closed, on a positive note, to commence the weekly trading activities...
Individual Nigerians and corporate bodies alike rely on generators powered by petrol, diesel and gas to provide 48.6 per cent of the electricity they consume across the...
United Nigeria Airline Commences flight into Anambra Airport United Nigeria Airline, on Saturday, commences flights operation into the Anambra International Cargo and Passenger Airport. The first...
Following internal and international criticism, Canada has back-pedalled on its African travel bans ahead of schedule. Canada is lifting the ban on international travel from the...
Femi Otedola, billionaire businessman, chairman of Geregu Energy Group, and single largest shareholder of FBN Holdings Plc, Nigeria’s foremost financial powerhouse further raised his stake in...
Nigeria spent N2.49tn on debt servicing payments in the first nine months of 2021, data obtained from the Debt Management Office (DMO) have shown. Between January...
The World Bank announced on Wednesday a $93 billion replenishment package of the International Development Association to help 74 low-income countries respond to the COVID-19 crisis...
Nigeria and other exporting nations across the world cash in short on the proceed from crude oil per barrel in November following price depreciation in the...
The Consumer Price Index (CPI) which measures inflation dropped to 15.40 per cent (year-on-year) in November compared to 15.99 per cent in the preceding month, the...
NASD OTC Securities Exchange Market closed on a negative note year-to-date (YTD) as the market recorded a decrease in performance in week 49, forcing the NASD Security...
Farmers receive N91.87bn; repay only N14.68bn House worries over loan usage CBN to arrest farmers Farmers blame insecurity; ask for repayment extension The fear of...
The world’s oldest (established in 2011) and most popular crypto payment processor for merchants has declared its support for highly popular meme-based cryptocurrency Shiba Inu ($SHIB)....
Popular pro-cryptocurrency web browser Opera has revealed its built-in wallet is set to add support for Solana ($SOL) early next year in a timeline that could...
By David Z. Morris This morning, the U.S. Bureau of Labor Statistics released updated numbers for its inflation-tracking Consumer Price Index (CPI), showing U.S. inflation...
Okezie Boniface, the national coordinator of Progressive Shareholders Association, has said the ongoing sale of 575 million shares of MTN Nigeria to Nigerians is a testament...
Nigeria’s development finance institution, Development Bank of Nigeria Plc (DBN), has said more business owners will get loans as it is addressing major financing challenges facing...
The cost of Premium Motor Spirit (PMS), also known as petrol, imported into Nigeria from January to September this year surged by 55.56 per cent to...
Debt failure: UBA seizes AEDC’s 60% equity The United Bank for Africa (UBA) took over 60 per cent equity of private investors in Abuja Electricity Distribution...
Nigeria’s total merchandise trade rose to N13.3 trillion in Quarter Three of 2021, representing 10.43 per cent increase over N12.02 trillion recorded in Quarter Two, Mr...
As cross-border investments across Africa dwindled significantly in 2020, Nigeria’s communications sector attracted foreign direct investment worth $2.5 billion. The Ernst and Young revealed in its...