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Ghana has failed to secure a workable debt deal with two bondholder groups in its push to restructure $13 billion of international bonds, the government said...
Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in Profit Before Tax to N 124,26 billion. According to...
The Nigerian Civil Aviation Authority (NCAA) has suspended the Permits for Non-Commercial Flights (PNCF) licenses of three private jets for engaging in commercial operations. Captain Chris...
Minister of Solid Minerals Development, Dr Dele Alake, Tuesday, placed indefinite suspension on mining activities around the Obafemi Awolowo University, OAU, and Obafemi Awolowo University Teaching...
The Federal Government on Tuesday said that it has started the disbursement of the N50,000 Presidential Conditional Grant Scheme, also known as Trade Grants Scheme, to...
Ecobank Nigeria Limited, a subsidiary of the Ecobank Group, has entered a strategic partnership with Nigeria Chess Federation (NCF) to host the 2024 National Schools’ Team...
Opening the week, the Lagos bourse extends losses from the previous week, as the benchmark Index fell 0.53% to settle at 101,777.12 points. Losses in Tier-1 banking tickers, GTCO (-7.73%), FBNH...
The World Bank’s new Middle East and North Africa economic update, entitled Conflict and Debt in the Middle East and North Africa, shows that lackluster growth, rising indebtedness...
National Bureau of Statistics has said that Nigeria’s headline inflation rate nudged higher to 33.2% y/y in March 2024 from 31.7% y/y in the previous month....
Nigeria has recorded its fifth power system collapse in 2024, thus throwing many parts of the nation into darkness. Already, many Electricity Distribution Companies, DisCos, have...
World Bank has said in a report that half of the world’s 75 poorest countries are experiencing a widening income gap with the wealthiest economies for...
By Hadiza Oyewumi My overall impression during the five and half hour flight was that Nigerians are increasingly appreciating the need to patronise Nigerian flag carriers....
The Executive Board of the International Monetary Fund (IMF) said it has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term...
Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to the sale of crude...
To close the holiday shortened week, the All-Share index of the local bourse slipped further by 0.71% to 102,314.56. Bearish sentiment continued to prevail in some...