Oil prices edged higher on Monday, buoyed by optimism over Chinese demand, continued production curbs by major producers and Russia’s plans to rein in supply. Brent...
The Nigerian Investment Promotion Commission has commenced the development of a well-coordinated investment promotion ecosystem, as mandated by its establishment Act, to ensure Government and non-government...
African leaders have pledged to take immediate action to integrate the recommendations from the newly released Africa’s Macro-Economic Performance and Outlook report into their national development...
Many bank customers over the weekend expressed frustration as banks remained under lock and key while their Automated Teller Machines (ATMs) were not dispensing cash. Meanwhile,...
Sanwo-Olu said this while addressing newsmen on the current situation caused by the Naira redesign in the country, on Saturday at the Lagos House, Marina. He...
Central Bank of Nigeria, CBN has described as fake news that it has authorised banks to begin to collect N500, and N1,000 as deposit. The apex...
In the week’s final trading session, the Nigerian equities ended its four-day winning streak as the benchmark index relapsed by 1.31% to close at 53,804.46 points. Selloff in...
The Economic Commission for Africa (ECA) has urged African nations to accelerate implementation of the African Continental Free Trade Area (AfCFTA) to make it more resilient...
The Nigeria National Petroleum Company Limited (NNPC Ltd) will begin drilling of the first oil well in Obi/Keana Nasarawa State on March 21. Malam Mele Kyari,...
Activity on the Lagos bourse was mixed, albeit with a bullish tilt as the benchmark index closed marginally higher (+0.02%) at 54,520.20 points. Gains in ZENITHBANK...
Catastrophe modelling firm Karen Clark & Company (KCC) said on Thursday it expects insured losses of $2.4 billion from the devastating dual Kahramanmaras earthquakes that hit...
The Edo State Governor, Mr. Godwin Obaseki, on Thursday, met with officials of the Central Bank of Nigeria (CBN) and members of the Association of Mobile...
World Bank group new report has said that “the COVID-19 pandemic caused a massive collapse in human capital at critical moments in the life cycle, derailing...
Foreign exchange shortages faced by local Nigerian companies may threaten bank liquidity, while a devaluation of the Naira precipitated by these shortages would weaken banks’ capital,...
African e-commerce firm Jumia Technologies said on Thursday that cost savings had helped it reduce fourth quarter losses by 30% from a year earlier, with a...