The Central Bank of Nigeria (CBN) has raised a total of N1.008 trillion at its Open Market Operations (OMO) auction held on Friday. The development followed...
The Chairman of the Board of Directors, United Bank for Africa Plc (UBA), Tony Elumelu, on Friday assured stakeholders that the bank will meet the Central...
Dangote Cement Plc has released its unaudited financial results, reporting a pre-tax profit of N311.974 billion for the first quarter ended March 31, 2025. The figure...
The Competition and Consumer Protection Tribunal has upheld the $220 million fine imposed on Meta Platforms Incorporated by the Federal Competition and Consumer Protection Commission (FCCPC)....
Flight activities, including those of Air Peace, are being disrupted at local airports as workers of the Nigerian Meteorological Agency (NiMET) stage protests over poor working...
The Federal Bureau of Investigation (FBI) has revealed that investment scams accounted for $5.8 billion, more than 50% of all reported crypto losses in 2024. The...
President Bola Tinubu has announced that Nigeria’s newly finalised Carbon Market Activation Policy will unlock up to $2.5 billion in high-integrity carbon credits and associated investments...
On Thursday, Finnish telecoms equipment maker Nokia reported a $68 million euro loss in net profit for the first quarter, citing the tariff wars and “rapidly...
Battery electric vehicle sales in Europe rose 23.6% in the month, according to data from the European Automobile Manufacturers Association (ACEA). Total new car sales in...
Elon Musk will significantly scale back his Trump administration work in May to focus on Tesla, the billionaire announced Tuesday, as the electric vehicle maker reported...
The Nigeria Customs Service (NCS) said that the service collected N1.75 trillion in revenue in the first quarter of the year (Q1 2025). According to the...
The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, risking the wrath of US President Donald...
Intel Corp., a chipmaker, is set to cut more than 20% of its staff this week, representing over 21,000 employees. A report by Bloomberg, citing a...
Nigeria’s currency in circulation dropped to N5 trillion in March 2025, according to the latest data from the Central Bank of Nigeria (CBN). Currency in circulation...
Finance leaders from around the world are gathering in Washington this week for the semi-annual meetings of the International Monetary Fund (IMF) and World Bank Group....