The Dangote Petroleum Refinery is poised to commence the sale of Premium Motor Spirit (PMS), commonly known as petrol, following a successful test run of its...
The CEO of Tingo Group, Mr. Dozy Mmobuosi, has been ordered by a U.S. federal court to pay over $250 million in fines following his involvement...
AbdulSamad Rabiu, Chairman of BUA Cement, has revealed that his company’s effort to sell cement at an affordable price of N3,500 per bag in 2023 was...
Collaborative for Frontier Finance (CFF), a leading Inclusive Finance Company based in Kenya, has announced the appointment of Chinwe Egwim as its new Chief Economist and...
Oando PLC has successfully finalized the acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for a total of $783 million. This...
The Federal Government, through the National Data Protection Commission (NDPC), has imposed a hefty fine of N555.8 million on Fidelity Bank for violating customer data protection...
The Naira took a significant hit in the foreign exchange market, dropping by N27.58 against the dollar between Monday and Tuesday, according to FMDQ data. The...
Currency traders have linked the ongoing depreciation of the naira and fluctuations in the forex market to inconsistent dollar allocations to Bureau De Change (BDC) operators...
Tony Elumelu, the Chairman of United Bank for Africa (UBA), has officially launched Ucee Microfinance Bank (MFB), a new subsidiary of Africa’s leading investment bank and...
The Naira depreciated to N1,600 per dollar in the parallel market yesterday, down from N1,590 per dollar over the weekend. However, in the Nigerian Autonomous Foreign...
