Nigeria’s inflation rate rose to 34.60 percent in November 2024, up from 33.88 percent in October, further exacerbating economic hardships for citizens. The National Bureau of...
The Central Bank of Nigeria has imposed a fine of ₦150 million on Deposit Money Banks that have been found guilty of distributing illegal mint naira...
Europe’s main stock markets were little changed Thursday despite interest rate cuts by the eurozone and Swiss central banks as policymakers warned of economic and political...
Access Bank Plc has entered into a binding agreement with South African-based Bidest Group Limited for the acquisition of a 100 per cent equity stake in...
Britain’s economy contracted for the second consecutive month in October, according to official data released on Friday. This downturn poses a challenge for the Labour government,...
Norwegian energy giant, Equinor has announced the decision to end its almost 31-year business partnership with Nigeria, after finalising the sale of its oil assets. A...
Transnational Corporation Plc (Transcorp) announced the appointment of Ms. Atinuke Kolade as the new Group Company Secretary, effective December 3, 2024. This development was disclosed in...
Zenith Bank Plc has emerged as ‘Bank of the Year, Nigeria’ in The Banker’s Bank of the Year Awards 2024. The award, announced by The Banker...
Several OPEC+ countries, including Saudi Arabia and Russia, agreed Thursday to extend oil supply cuts for three months through March to avoid a sharp drop in...
Amid liquidity challenges in the financial sector, Nigerian banks borrowed an estimated N9.97 trillion from the Central Bank of Nigeria (CBN) in November 2024, about 44.90...
The Senate has reaffirmed its commitment to advancing the Tax Reform Bills, noting that no aspect of the legislative process has been suspended or withdrawn. Senate...
Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump’s decision to pick a crypto fan to head the US securities regulator, reinforcing...
Lafarge Africa Plc Reaffirms its Commitment Amid Transition The Holcim Group announced that it signed an agreement to sell its 83.81% shareholding in Lafarge Africa Plc...
Nigeria and South Africa have fully activated the Joint Ministerial Advisory Council on Industry, Trade, and Investment to enhance economic cooperation between the two leading African...
The Senior Special Assistant to the Presidency on Media and Publicity, Temitope Ajayi in an explanatory statement on Wednesday, has shed more light on the controversial...