The Presidency has faulted the President of the African Development Bank, Akinwumi Adesina, over his comment that Nigerians were better off in 1960 than they are...
Access Holdings has appointed Ibironke Adeyemi as an Independent Non-Executive Director, following the resignation of Oluseyi Kumapayi (FCA) as a Non-Executive Director. The company says her...
The federal government has stated that Africa loses an estimated $88.6 billion annually to illicit financial flows, with Nigeria accounting for approximately 20% of these losses....
Oil prices steadied on Thursday, a day after a steep decline triggered by signs that Saudi Arabia, the world’s biggest crude exporter, may raise output and...
The naira has maintained relative stability in the foreign exchange (FX) market as the Central Bank of Nigeria (CBN) dollar inflow fluctuates in the market. Nigeria’s...
The Corporate Affairs Commission (CAC) has issued a six-week notice to unregistered businesses to register with the Commission. This was disclosed in a statement issued by...
BP missed forecasts on Tuesday with an underlying replacement cost profit of $1.38 billion for the first quarter, below the $1.53 billion expected by analysts in...
The Rural Electrification Agency (REA) has signed grant agreements with nine renewable energy companies to provide electricity access to 17.5 million Nigerians. The initiative involves the...
Seplat Energy Plc, on Monday, announced its audited results for the three months ended March 31, 2025, recording a revenue of N1.228 trillion for the period...
To reposition Nigeria’s economy and tackle insecurity at its roots, the National Economic Council (NEC) has approved the establishment of a Cotton, Textile, and Garment Development...
A report by S&P Global has revealed that the price of a 50kg bag of rice has reduced significantly to N58,000 in parts of Nigeria, following...
The Nigeria Deposit Insurance Corporation (NDIC) has commenced payment of N46.6 billion as the first tranche of liquidation dividends to depositors of the defunct Heritage Bank,...
Fitch Ratings has upgraded the Long-Term Foreign- and Local-Currency Issuer Default Ratings of Lagos, Kaduna, Kogi, and Oyo states from ‘B-’ to ‘B. The agency announced...
A traditional ruler from Osun State, Nigeria, and a pastor have pleaded guilty to charges linked to a $4.2 million COVID-19 relief fund fraud in the...
The Economic and Financial Crimes Commission (EFCC) has declared four persons wanted over the alleged fraud perpetrated on crypto bridge exchange (CBEX), a trading platform. In...