Femi Otedola, one of Nigeria’s top billionaire investors, claims that Aliko Dangote, the richest man in Africa, intends to use his $20 billion refinery to help...
Nigerian banks have received instructions to disconnect any non-deposit-taking financial organizations from their Nigerian Interbank Payment (NIP) outbound payment transfer channels, as per a recent directive...
The Federal Government said that it secured over $5 billion in pledges to increase its climate action initiatives as a result of its attendance at the...
In the 2024 budget, the Federal Government gave the bankrupt Ajaokuta Steel Company N4.45 billion. This is in response to its request for N35 billion from...
ByteDance, the company that owns TikTok, is repurchasing up to $5 billion worth of investor shares by drawing on a cash pile of over $50 billion...
The revised Service Charter of the Central Bank of Nigeria (CBN) has been approved by Governor Olayemi Cardoso. The Business Facilitation Act (BFA) 2022 mandates the...
The Nigeria Customs Service (NCS) has been ordered by Senator Ahmed Wadada Aliyu’s Senate Committee on Public Account to transfer N64 billion to the federation account....
One of Nigeria’s oldest banks, FBN Holdings, had its share price exceed the N1 trillion market value threshold on Wednesday. This comes after the share price...
Sunil Natraj has been named as the new Chief Executive Officer for Nigeria by Jumia. The business released a statement stating that Sunil Natraj’s appointment will...
The Nigerian Upstream Petroleum and Regulatory Commission (NUPRC) awarded businesses oil exploration licenses, however the leases have remained unused and have not been used for any...