Following the challenging operating environment that impacted its operation in 2023, Nigerian Breweries Plc is taking a bold move to raise N600 billion fresh capital as...
The Central Bank of Nigeria (CBN) has reduced the Loan to Deposit Ratio (LDR) of banks to 50% from 65%. The reduction was announced via a...
The Securities and Exchange Commission of Nigeria has announced the virtual Capital Market Committee meeting for the first quarter of 2024. The meeting, which is scheduled...
The National Agency for Science and Engineering Infrastructure (NASENI) and the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State are set to collaborate...
The Nigerian equities market sank deeper on Tuesday to record its eighth consecutive bearish session and highest daily losses since February 19. At the close of...
Nigeria’s public debt has been growing steadily in recent years, reaching a significant level of N97.34tn (US$108.23bn pegged at N899.39/$) as of 31 December 2023, according...
Oil was little changed after rising earlier with traders waiting for clues on how Israel will respond to an unprecedented attack by Iran. Global benchmark Brent...
Nigeria’s inflation rate increased to 33.2% for the month of March 2024 driven by rising cost of foods in the country, according to the latest data...
The Nigeria Deposit Insurance Corporation (NDIC) has lauded the Central Bank of Nigeria (CBN) for its move to recapitalise banks to achieve economic resilience in the...
Nigeria has been chosen by the International Facility Management Association (IFMA) to host its 2025 edition of IFMA Africa Conference. This was disclosed by Lara Paemen,...
Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development in Nigeria, has intensified efforts to establish a united front to tackle the...
PalmPay to Reward 105 Users with iPhone 15 Pro, Infinix Note 40 in Eid al-Fitr Promo In celebration of Eid al-Fitr, PalmPay, Nigeria’s leading fintech platform,...
HIGHLIGHTS Declares N2.30 Kobo Final Dividend Total Assets Rise by 90.2% to N20.65 trillion Shareholders’ Funds Hits N2 Trillion, Rises by 120.2% Customer deposits improved by...
A Federal High Court in Abuja has remanded a Binance executive, Tigran Gambaryan, in Kuje Correctional Centre, pending the determination of his bail application. The trial...
In its continuous effort to defend the naira, the Central Bank of Nigeria (CBN) has just announced sales of fresh $10,000 to accredited Bureau De Change...
The Founder and Chief Executive Officer of S Mobile Group, Mr. Kingsley Adonu, has been appointed as patron by the executive council, Students Union Government (SUG),...
President Bola Tinubu, on Sunday, arrived Lagos State ahead of Eid-el-Fitr, which marks the end of Ramadan. His Special Assistant on Social Media, Dada Olusegun, revealed...
Nigerian Exchange Group Plc (NGX Group), a leading integrated market infrastructure group in Africa, has announced a significant investment in the Ethiopian Securities Exchange (ESX). NGX...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, called the ‘Scan to Resolve Complaint’ Portal with code aimed...
Directs Customer Refunds The Nigerian Electricity Regulatory Commission (NERC) has taken enforcement action against the Abuja Electricity Distribution Plc (AEDC) for extorting its customers via wrong...