In the last trading session of the week, the domestic bourse succumbed to sell pressure as the All-Share Index declined by 0.29% to close at 62,569.73 points....
Access Bank Plc (Access) and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its...
Full speechTEXT OF MEDIA BRIEFING BY MR. DELE ALAKE, SPECIAL ADVISER TO THE PRESIDENT ON SPECIAL DUTIES, COMMUNICATIONS AND STRATEGY ON THE DETAILS OFPRESIDENTIAL INTERVENTION ON...
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...