Oil prices rose 3% on Wednesday, bouncing back from multi-month lows, after data showed a bigger-than-expected draw in U.S. crude stockpiles, even as worries about weak...
The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank...
Fitch Ratings has downgraded Dangote Industries Limited’s (DIL) credit rating to B+ and put it on ratings watch negative, citing concerns about its liquidity and ability...
The Economic Commission for Africa (ECA) has restated its commitment to leveraging innovation and technology for sustainable development. The deputy executive secretary of ECA, Antonio Pedro,...
Africa Finance Corporation (AFC) the continent’s leading infrastructure solutions provider, today announced that it has received a new equity investment from Rawbank, one of the Democratic...
RMB has named Seychelles, Mauritius, Egypt, South Africa, and Morocco as the top five investment destination in Africa. The report said “the results of the report show...
Nigerian Upstream Petroleum Regulatory Commission, NUPRC, yesterday, said it is working to ensure collaboration with industry regulators and stakeholders to attract businesses in the sector amidst...
Some protesters in parts of the country as the nation wide protest enters day five across the country with protesters raising and hoisting Russian flag, one...
FirstBank, the West African premier financial institution and financial inclusion services provider has emerged the winner of the prestigious Euromoney Award for Nigeria’s Best Bank in...
Italian Climate Fund and West Africa Bank for Development have signed a 100 million Euro agreement to finance projects addressing climate change in some ECOWAS member...
The Nigeria Employers’ Consultative Association (NECA) has urged the #Endbadgovernance protesters to sheath their swords and embrace dialogue. Mr Adewale-Smatt Oyerinde, Director-General/Chief Executive of NECA made...
BUA Foods recorded a significant growth in revenue the first half of 2024 in spite of the harsh operating environment in Nigeria. According to its financial...
Nigeria’s oil output has been threatened as fire guts the Nigerian National Petroleum Company, NNPC, Akaso 4 facility in the Niger Delta. The facility operated by...
Non Profit Organisations have raised issues of concern in the President address to the nation. It his own reaction Country Director, ActionAid Nigeria, AAN, Andrew Mamedu,...
President Bola Tinubu says the Federal Government decided to remove fuel subsidy and abolish multiple foreign exchange rates to grow the economy for national development. The...