Nigeria’s local currency, the naira and other currencies in Africa may face further devaluation in 2024, says the latest report by the Economist Intelligence...
For the second consecutive day, the naira slumped against the US dollar at both the official and parallel markets. The exchange rate between the Nigerian currency...
The GCEO, NNPC Ltd, Mele Kyari has charged stakeholders within the Nigerian oil and gas industry to adapt, evolve and lead in the ever-changing global energy...
The Central Bank of Nigeria (CBN) has extended the validity of the old notes indefinitely. The apex bank’s Director, Corporate Communications, Isa AbdulMumin, in a statement...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has explained that the bank will withdraw from directly funding initiatives to more advisory roles...
The Transmission Company of Nigeria (TCN), on Tuesday, refuted reports on looming blackout in the country as a result of purported shutdown of the national grid...
Electricity workers have shut down the national grid following the declaration of an indefinite strike by organized labour unions. Ndidi Mbah, the spokesperson for Transmission Company...
Train services have been suspended across the country in compliance with the nationwide strike by the Nigeria Labour Congress (NLC) and Trade Union Congress...
In May, 2023, Union Bank of Nigeria received an offer from its core shareholder, Titan Trust Bank Limited, to acquire the shares of...
Access Bank recorded the highest interest income on loans among ten listed banks in the country, posting a total interest income of N1.04 trillion in the...