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....
Klaus Schwab, the influential founder of the World Economic Forum (WEF), has officially resigned as Chair of its Board of Trustees, marking the end of an...
The Federal Government is set to boost Nigeria’s grid capacity by an additional 4,000 megawatts (MW) by the end of 2026. A statement by Bolaji Tunji,...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, and the CBN’s Director of Legal Services, Salam-Alada Kofo, are facing contempt proceedings for allegedly failing...
The Securities and Exchange Commission (SEC) has declared that Crypto Bridge Exchange (CBEX) was never registered to operate as a digital assets exchange in Nigeria. The...
For the second time in the month of April, Dangote Petroleum Refinery and Petrochemicals has again reviewed its ex-depot (gantry) loading cost of petrol to ₦835...
Nigeria’s headline inflation rate increased to 24.23% in March 2025, according to the Nigeria Bureau of Statistics (NBS), the official government data source. This rise from...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled its vastly improved Point of Sale (POS) Terminal as well as the UBA MONI App...
The Africa Centres for Disease Control and Prevention (Africa CDC) has urged African governments to harness the continent’s annual US$95 billion in diaspora remittances towards supporting...
Bitcoin recovered, surging towards $84,000 on Saturday amidst trade war uncertainties between the United States and other countries. It rebounded from losses sustained earlier in the...
The naira edged up slightly against the US dollar at the official foreign exchange market to close the week at N1,626.00/$1 on Friday. The gain is...
Oil producer Oando Plc said three sabotage attacks had targeted its pipelines in the oil-rich Bayelsa State over the past week. In a statement as reported...
MTN Group President, Ralph Mupita, has announced plans to reduce its shareholding in MTN Nigeria through a public offer after it returns to profitability. The group...