The management of BUA Refinery and Petrochemicals has refuted reports claiming that its 200,000 barrels-per-day refinery in Akwa Ibom is 90% complete. The company clarified that...
MultiChoice Nigeria has announced a special holiday offer allowing all DStv subscribers access to all channels, irrespective of their subscription package, from December 27 to 29....
The Naira appreciated slightly in the parallel market yesterday, trading at N1,660 per dollar compared to N1,662 per dollar last weekend. In contrast, the Naira depreciated...
The naira experienced a depreciation in the parallel market, dropping to N1,585 per dollar on Tuesday from N1,550 per dollar recorded on Monday. However, it appreciated...
The Central Bank of Nigeria (CBN) has fined two of the country’s leading fintech unicorns, Moniepoint and OPay, a combined total of N2 billion (N1 billion...
Folake Ani-Mumuney, First Bank’s Global Head of Marketing and Corporate Communications, has reportedly been asked to resign by Femi Otedola, the chairman of FBN Holdings, sources...
Total inflows into Nigeria’s foreign exchange (forex) market surged to $4.05 billion in November, reflecting growing confidence in the country’s macroeconomic outlook. This marks a significant...
The Naira gained ground against the dollar in the parallel market yesterday, appreciating to N1,685 per dollar from Wednesday’s rate of N1,695 per dollar. Similarly, in...
Nigerian airline Max Air has confirmed that its Flight VM1623, with registration number 5N-BBM, made an emergency return to Maiduguri International Airport after an engine abnormality...
Contrary to reports from multiple sources, Netflix has denied plans to exit the Nigerian market, reiterating its dedication to supporting the country’s creative industry. The speculation...
