Rite Foods Limited (“Rite Foods”), the Nigerian manufacturer behind the widely celebrated Fearless Energy Drink, has raised fresh concerns over the conduct of Mamuda...
Nigeria’s private sector continued its upward trajectory into the second quarter of 2025, buoyed by solid customer demand, easing inflationary pressures, and broad-based expansion across key...
Nigeria is hurtling toward a potential fiscal crisis as Brent crude oil prices plunged to $59.25 per barrel, far below the $75 benchmark underpinning the...
Africa’s richest man and President of the Dangote Group, Alhaji Aliko Dangote, has declared that the struggle to secure the future of his $20...
Parallex Bank has launched Version 2.1 of its mobile banking app, introducing over 200 new features aimed at enhancing customer experience, streamlining financial transactions, and improving...
Nigeria is facing a mounting economic crisis as Brent crude prices fall below $60 per barrel, threatening the country’s fragile fiscal balance and exposing the naira...
The Central Bank of Nigeria (CBN) has revealed a staggering surge in its currency management expenses for 2024, with costs ballooning by over 300% in the...
The Federal Competition and Consumer Protection Commission (FCCPC) has concluded an investigation into Meta Platforms Inc.—the parent company of Facebook, WhatsApp, and Instagram—finding the tech giant...
Meta has warned it may shut down Facebook and Instagram services in Nigeria following over $290 million in fines and what it calls “unrealistic” regulatory...
The Nigerian National Petroleum Company Limited (NNPCL) has again reduced the retail price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦935 to ₦910...