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The Nigeria Civil Aviation Authority (NCAA) has suspended the operations of all Boeing 737 aircraft in Max Air fleet. The suspension was issued through a letter dated...
President Bola Tinubu is seeking additional loan of $800 million from the World Bank for the National Social Safety Net Programme after paying off $500million Eurobond facility....
The preferred bidder for the Benin Port Project, Mota Engil Nigeria, has said plans are ongoing to commence the development of the port project, which remains one of...
Saudi Arabia is set to fall below Russia as the largest oil producer in the OPEC+ alliance as its production cuts begin to bite, tightening the...
The bears continued to dominate the local equities market as the NGX All-Share Index succumbed to a second successive loss, falling by 2.03% to 62,748.94 points. Specifically,...
The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to pay the Naira equivalent of dollars received through Diaspora remittances to local...
Central Bank of Nigeria has said that Nigeria got a total of $952 million as direct remittances from Nigerians abroad between January and June this year. The...
Federal regulators have ordered Bank of America to pay $100 million to customers for allegedly mistreating them with unfair fees, withholding credit-card rewards, and opening fake...
The domestic bourse succumbed to sell pressure as the All-Share Index shed 2.47% to close at 64,046.93 points, ending its five-day winning streak. Selloffs in index heavyweight,...
Carmakers Renault and Geely have announced a joint venture to build engines for hybrid and gasoline-powered vehicles, with the partners investing a maximum of €7 billion...
The Yale research, shared exclusively with CNN, is based on whistleblowers, on-the-ground experts, students operating inside Russia, corporate documents and news media reports. “These companies are...
Google was hit with a wide-ranging lawsuit on Tuesday alleging the tech giant scraped data from millions of users without their consent and violated copyright laws...
Tackling Climate Change – Cutting GreenHouse Gas, GHG emissions from ships – including adoption of the revised IMO GHG Strategy was the focus at the just...
Today, the local equities extended gains for the fifth consecutive session as the All-Share index gained 1.65% to close at 65,669.29 points. Gains in DANGCEM (+9.27%), BUACEMENT (+6.59%), and...
For the 12th year consecutively, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged the richest man in Africa, despite economic headwinds that...