The Presidency has clarified that the new 15 per cent import duty on petrol and diesel is a strategic measure, not a burden...
The Nigerian naira is facing challenges in the informal foreign exchange market, with the US dollar being quoted at approximately ₦1,490 (sell) and...
FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, has announced the commencement of its 2025 Corporate Responsibility...
Transnational Corporation Plc (Transcorp Group) announced its unaudited Q3 2025 results, posting a pre‑tax profit of N38.81 billion – a 53.84 % year‑on‑year surge compared with...
FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, had announced the successful integration of the Pan-African Payment...
Aliko Dangote, founder of the Dangote Group, announced that the Dangote Petroleum Refinery will sell between 5 % and 10 % of its equity on the...
Africa’s economic growth is being hindered by a lack of trust and accountability in governance, according to Tony Elumelu, founder and chairman of...
The Minister of Solid Minerals Development, Mr. Dele Alake, says the National Gold Purchase Programme (NGPP) will significantly boost Nigeria’s foreign reserves and...
Africa’s Global Bank, United Bank for Africa (UBA) is poised to further solidify its position as a leading financial institution in Africa with...
UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced that the winners of the 2025...
By Kazeem Ugbodaga The Lagos Lagoon glistened in shades of blue and gold as electric powerboats sliced through the water, cheered on by...
Nigeria’s journey towards a cashless economy is gaining momentum, with electronic payment transactions surging to N384 trillion in July 2025. This significant growth...
Gold prices have surged past the $4,000-per-ounce mark for the first time in history, driven by concerns over the U.S. economy, a looming...
The Central Bank of Nigeria (CBN) is working closely with the Securities and Exchange Commission (SEC) to develop a sustainable framework for digital...
The Nigerian naira has started the week on a strong note against the US dollar, with the local currency trading at N1,485.5 per...
The dollar index fell 0.22% to 97.90 on Monday, extending losses for a second session as concerns over a potential US government shutdown...
