U.S. crude oil futures for immediate delivery next month hit their largest-ever premium over the second-month contract on Thursday, as traders scrambled to secure barrels after...
African economies face the risk of a sharper growth slowdown this year if the war in the Middle East drags on, with prolonged disruption to trade,...
The Nigeria Sovereign Investment Authority (NSIA) has reaffirmed its commitment to operational resilience and sustainable investment practices in response to an increasingly complex global risk environment....
Minister of Marine and Blue Economy, Adegboyega Oyetola, has disclosed significant progress toward refloating a national shipping carrier to strengthen Nigeria’s maritime industry. Oyetola made the...
Managing Director, International Monetary Fund (IMF) Kristalina Georgieva, has nominated Mr. Zeine Zeidane as Director of the African Department (AFR). Mr. Zeidane will succeed Abebe Aemro Selassie,...
Ecobank Nigeria, a member of Africa’s leading pan-African banking group, has reaffirmed its commitment to providing customers with seamless and uninterrupted banking services throughout the...
Ministry of Solid Minerals Development will continue its technical and regulatory oversight. Nigeria Revenue Service (NRS) announced on Friday that it has taken over the collection...
The Heads of the International Energy Agency, International Monetary Fund, and World Bank Group have agreed to form a coordination group to maximize their institutions’ response...
Central Bank of Nigeria (CBN) has said that 33 banks have met the revised minimum capital requirements established under the recapitalization programme. It said “A limited...
The Nigerian Exchange Group Plc (NGX Group) has reaffirmed the organisation’s commitment to promoting high standards of corporate governance in collaboration with the Chartered Institute of...
UAC of Nigeria reported a 39 per cent decline in profit for the 2025 financial year to N9.91 billion, down from N16.31 billion recorded in 2024....
A prosecution witness , Chinedu Eneanya, told a Federal High Court, Abuja Division, on Wednesday that the redesigned naira notes were produced locally as directed...
Nigerian Exchange (NGX) All-share index (ASI) rose by 21 basis points as FCMB and VFD Group listed additional shares in the local bourse on Wednesday. The...
Federal Government has stressed the need for certification and regular trainings for transporters, adding that there is need for improved safety culture on the roads. This...
The industry-wide boycott of the upcoming Africa Energies Summit will continue as the conference organizers Frontier Energy Network refuse to abandon their policy of discrimination. The...