Nigeria’s gas production will likely remain flat in the second quarter of this year, the Society of Energy Editors (SEE) has projected in its Second Quarter...
Wema Bank Plc’s audited financial statements for the year that ended on December 31, 2024, revealed that gross earnings jumped to N433.43 billion. The surge is...
In a landmark virtual briefing, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun presented a comprehensive update on Nigeria’s economic...
The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payments to depositors of the defunct Heritage Bank with balances exceeding the insured limit of...
Entrepreneur Elon Musk has announced the merger of his artificial intelligence startup, xAI, with his social media platform, X, in an all-stock transaction valued at $33...
Stanbic IBTC Holding Plc has announced a pre-tax profit of N303.796 billion for the 2024 financial year that ended on December 31, 2024, representing a 60.23% year-on-year...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Wednesday received the European Union (EU) Ambassador to Nigeria, Gautier Mignot, in Abuja...
President Bola Tinubu has assented to the South-West Development Commission Bill, the South-South Development Commission Bill, and the Nigeria Anti-Doping Bill, 2025. Special Adviser to the...
The Board of Directors of Unilever Nigeria PLC has appointed the founder of renowned fashion brand Ruff ‘n’ Tumble, Adenike Ogunlesi, as an Independent Non-Executive Director...
The Nigeria Customs Service (NCS) has begun implementing a two-year exemption on import duty and Value Added Tax (VAT) for key pharmaceutical raw materials. This was...
Chevron has expressed interest in hydrocarbon exploration off the island of Crete in the Mediterranean Sea, the Greek energy ministry said in a statement on Wednesday....
Dangote Petroleum Refinery & Petrochemicals issued a tender to sell 128,000 metric tons of residual fuel oil in April, according to a summary of the tender...
MTN Group and Airtel Africa have agreed to share mobile phone network infrastructure in Nigeria and Uganda. Statements by the duo on Wednesday said the agreement...
The Naira on Wednesday appreciated N1,575 per dollar in the parallel market from N1,585 per dollar on Monday. However, the Naira depreciated to N1,535 per dollar...
The Association for the Defense of the Nigerian Economy (ADNE) has dismissed allegations that MultiChoice unfairly increased its DStv subscription prices in Nigeria while reducing them...