Foreign investors have turned to Nigerian treasury bills in the first half of 2024, as money market instruments emerged as the leading contributor to capital importation...
A Chinese firm, Inner Galaxy Steel Company Limited, yesterday, disclosed moves to invest $300 million in a new steel plant for the production of specialised steel...
ActionAid Nigeria, AAN, has said that Nigeria’s post-harvest losses rose to N3.5 trillion annually and has threatened Nigeria food security. This is coming on the heels...
Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources...
President of Dangote Group, Aliko Dangote remains the richest man in Africa, and now the 65th richest man in the World, despite the volatility of the...
World Bank has said that Nigeria is beginning to reap the benefits of significant policy reforms following a near fiscal crisis in 2020, but must stay...
Nigeria Stock market reversed some of its prior gains, as the benchmark index shed 25bps to close at 98,291.53 points. The market relapse was primary driven...
Nigeria’s oil regulator has rejected Shell’s proposed $1.3 billion sale of its onshore oilfields to Renaissance group because the buyer is not qualified to manage the...
Africa-focused e-commerce retailer Jumia Technologies will close its South African online fashion retailer Zando and its Tunisian operations by the end of the year to sharpen...
The Executive Board of the International Monetary Fund (IMF) said it has completed the Review of Poverty Reduction and Growth Trust (PRGT) Facilities and Financing, the...
