The Naira, on Wednesday, weakened against the dollar at the parallel section of the foreign exchange market. Bureaux De Change operators (BDCs), popularly known...
Airtel Africa has signed a $125 million revolving credit facility with Citi through its branch offices/subsidiaries in sub-Saharan Africa. This is contained in a...
Aliko Dangote, the founder of Dangote Cement, lost -9.05% of his investment in the construction provider on Tuesday, after investors dumped the firm’s shares following a...
Latest statistics released by the International Trade Centre data has revealed that Nigeria spent $2.35 billion on telephone imports during a three-year period. The data shows...
The federal government as at April, 2022 has borrowed about N19.01 trillion from the Central Bank of Nigeria to finance the country’s budget deficit of N30.58...
The Federal Government of Nigeria has projected to generate N136.3 billion as revenue from Electronic Money Transfers (EMT) to be paid by bank customers in 2023....
Africa’s cassava-based sorbitol factory constructed by Psaltry International Limited is partnering with First City Monument Bank and Unilever Nigeria to create over 10,000 jobs in Oyo...
As part of measures to update the regulatory instruments to better deliver its mandates in the telecoms sector, the Nigerian Communications Commission (NCC) on Tuesday commenced...
Idumagbo and Ajele areas of Lagos are in blackout after fire consumed an injection substation of Eko Electricity Distribution Company (EKEDC) in the area....
The Nigerian currency, Naira, recorded a slight gain over the United States dollar at the official exchange market on Tuesday. Data from FMDQ Securities where investors...