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The African Export-Import Bank (Afreximbank) has announced the successful completion of a first-of-its-kind India-focussed club deal for US$282.00 million. Initiated for the exclusive participation of Indian lenders,...
Chairman and board of directors of Eko Electricity Distribution Company, EKEDC, have disagreed over the sack of the company’s Managing Director/Chief Executive Officer, Dr. Tinuade Sanda....
A Nigerian lawyer T.J. Krukrubo, SAN, has withdrawn his legal representation of a fleeing Binance Executive, Nadeem Anjarwalla. The lawyer filed the latter’s fundamental rights case against...
Recovering from the previous session’s loss, the Lagos bourse posted gains as the benchmark index rose by 0.32% to close at 104,283.64 points. Sustained interest in GTCO (+5.69%),...
Cruise operator reports quarterly loss that narrowed more than expected and raises its full-year profit outlook, but stock falls. Shares of Carnival Corp. turned higher Wednesday,...
Internet crime cost Americans $12.5 billion in 2023. According to a report published Wednesday by the Treasury Department U.S. banks are struggling to keep up with...
The Federal Government has declared Friday, 29th March and Monday, 1st April 2024 as public holidays to mark the 2024 Good Friday and Easter Monday respectively....
National Bureau of Statistics has said that Nigeria’s public debt stock which includes external and domestic debt stood at N97.34 trillion (US$108.23 billion) in Q4 2023...
Nigeria’s giant Dangote oil refinery could bring to an end a decades-long gasoline trade from Europe to Africa worth $17 billion a year, heaping pressure on...
Central Bank of Nigeria (CBN) at the end of its 294th monetary policy meeting further raised the MPR by 200bps to 24.75% and tweaked the asymmetric...
MTN is considering pulling its investment out of Guinea-Bissau, Guinea-Conakry and Liberia to address challenges affecting its operation in the West and Central Africa region. The...
The Edo State Government has said that it has secured 40 new licenses for solid mineral deposits in the State through Associates Mining and Investment Company,...
Senior Nigerian and British officials convened in London this week for the annual Migration, Justice, and Home Affairs dialogue, reaffirming the strong bilateral relationship between the...
The bears sustained the run on the domestic bourse as the benchmark Index slipped 0.18% to settle at 103,952.47 points. Selloffs of MTNN (-1.70%), FBNH (-3.57%) and ACCESSCORP (-2.12%) outweighed gains in GTCO...
Nissan plans to introduce its e-power hybrid technology car in Tunisia, its Africa head said on Tuesday, as part of plans to test demand in the...