Despite an escalating legal dispute with General Hydrocarbons Limited (GHL), FBN Holdings recorded a 7.86% week-to-date (WTD) gain in its share price, closing at ₦30.20 for...
Shoppers at Ikeja City Mall were treated to a dazzling holiday spectacle on December 19, 2024, as Lush Hair unveiled a groundbreaking 28-foot Christmas tree...
The naira faced continued depreciation across Nigeria’s foreign exchange markets this week, closing at N1,544.50/$1 on the official market and reaching as high as N1,647/$1 in...
The Central Bank of Nigeria (CBN) has issued a directive prohibiting local deposits into the newly launched Non-Resident Nigerian Ordinary Account (NRNOA) and Non-Resident Nigerian Investment...
The Federal Government of Nigeria spent a staggering ₦8.94 trillion on debt servicing in the first nine months of 2024, representing 47% of its total expenditure...
Akonte Ekine, Founder and Lead Strategist of Absolute PR and Convener of the Consumers Value Awards, has called on the Federal Competition and Consumer Protection Commission...
The National Bureau of Statistics (NBS) has announced that the real estate sector has climbed to the third-largest sub-sector in Nigeria’s economy, up from the fifth...
The Central Bank of Nigeria (CBN) has announced a policy shift to strengthen compliance with foreign exchange regulations by suspending approvals for extensions of export proceeds...
A high-profile legal battle between General Hydrocarbons Limited, chaired by media magnate Nduka Obaigbena, and First Bank of Nigeria Limited has spotlighted procedural inconsistencies within Nigeria’s...
China has signaled its willingness to support Nigeria’s request for an expanded currency swap agreement and welcomed the nation’s intention to issue panda...