Nigeria has spent a staggering $2.78 billion on servicing its foreign debt in the first seven months of 2024, according to the Central Bank...
The Nigerian stock market closed the month of August in negative territory, with the All Share Index (ASI) falling by 1.22% as investors grappled...
The Nigerian National Petroleum Company (NNPC) Limited has officially acknowledged that it owes a significant debt to suppliers of premium motor spirit (PMS), commonly known as...
X, previously known as Twitter, has been banned in Brazil after failing to comply with a Supreme Court deadline to appoint a new legal...
Zenith Bank has reported an impressive surge in its financial performance for the second quarter of 2024, with pre-tax profits reaching N406 billion. This marks...
itel Energy, a brand under Transsion Holdings—known for delivering affordable technology through brands like TECNO, Infinix, and itel—has officially entered the Nigerian renewable energy market....
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 175 pips to 7.1124 against the dollar on Friday. This is according...
Prominent economist and Managing Director of Financial Derivatives Company, Bismarck Rewane, has expressed skepticism over the current administration’s goal of transforming Nigeria into a...
Despite a significant decline in Nigeria’s foreign capital inflows in April, Lagos remains the top destination for foreign investments in the country. According to the latest...
In a significant move for Nigeria’s Sovereign Investment Authority (NSIA), Finance Minister Wale Edun has inaugurated the new board of the NSIA, naming Segun...