Nigeria is withdrawing civil claims totalling $1.1 billion against energy producer Eni SpA, Bloomberg News reported on Thursday. Nigeria’s justice ministry will waive the claims before...
Activity on the domestic bourse was mixed, albeit with a bullish tilt as the benchmark index closed marginally higher (+0.02%) at 71,025.16 points. Gains in MTNN (+0.21%), NB (+5.26%), and...
Nigeria Customs Service has said that at least 46 companies had benefitted from various tax incentives and duty waiver schemes granted by Buhari led federal government....
Azikel Petroleum Refinery has signed a $259m debt funding facility with the African Export-Import Bank for the Azikel Refinery Project located in Gbarain, Bayelsa State. The...
National Bureau of Statistics NBS has said that in the month of October 2023, headline inflation rate increased to 27.33% relative to the September 2023 headline...
National Bureau of Statistics NBS has said that in the month of October 2023, headline inflation rate increased to 27.33% relative to the September 2023 headline...
Financial reparations are long overdue to Africans and the diaspora as compensation for the enslavement of people of African descent, Ghanaian President Nana Akufo-Addo said on...
Banks operating in the country earned a total of ₦265.269 billion from electronic transactions in the first nine month of 2023. This figure when compared with...
Today, the Lagos bourse extended gains for the second consecutive session as the benchmark Index ended 0.25% stronger to close at 71,014.34 points. Gains in MTNN (+0.21%), BUACEMENT (+1.96%)...
The International Monetary Fund IMF, in collaboration with University of Oxford researchers have launched a new online portal “PortWatch”, a platform to monitor and simulate trade...
President/CE of the Dangote Industries Limited, Aliko Dangote has called for greater integration of African economies and expansion of trade and investments across the continent to...
African Export-Import Bank (Afreximbank) yesterday in Cairo, entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial Platforms...
United States of America has said that Nigeria is the leading source of students from Africa and 7th largest contributor worldwide. Nigeria jumped from 10th place...
Titan Bank, core shareholder in Union bank, acquisition of the minority shareholding has led to the application of Union Bank of Nigeria Plc to delist from...
Recovering from the previous session’s loss, the domestic bourse posted gains as the benchmark index rose by 0.33% to close at 70,840.72 points. Renewed demand for index...