Petrol shortages has persisted in Nigeria’s major cities despite government claim that it has withdrawn subsidy causing a sharp increase in prices and exacerbating the country’s...
Benin has become the first sub-Saharan African country to join the European Bank for Reconstruction and Development (EBRD). The country is the Bank’s 75th shareholder. Benin...
Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from...
Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker- from Nigeria to Ghana and Cameroon and that the export, for...
African oil and gas executives and Small Medium Enterprises (SMEs) operators are set to examine opportunities and collaborations for investment in the industry at the 2024...
African Development Bank Group President Dr. Akinwumi A. Adesina has emphasised the critical need for significantly increased financing to meet the Sustainable Development Goals (SDGs). Speaking...
To open the week, the local bourse extended losses of the previous session as the All-Share Index closed 19bps lower to settle at 97,962.24 points. Selloff...
Edo State has increased the minimum wage for Edo workers from N40,000 to N70,000 effective from May 1, 2024. Obaseki the state governor said this while...
Nigerian Upstream Petroleum Regulatory Commission said it has commenced the evaluation of the divestment processes of Shell’s 75-year-old onshore assets to Renaissance company, the new investors....
Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk, the presidency said in a statement on Sunday. The investment was...