Naira appreciates by 0.67% against dollar at official market
After a three-day trading loss, the Naira recovered and was trading at N1,678.93 versus the dollar on Tuesday at the...
Business
Peter Obi: The Dangote refinery is too important to fail
In support of the Dangote Refinery, Peter Obi, the presidential candidate of the Labour Party for 2023, has called on...
Dangote offers to sell the refinery to NNPC for buyout money
The Nigerian National Petroleum Corporation Limited has received an offer to purchase the Dangote Refinery from Aliko Dangote, President of...
European stock markets fall at open
Tuesday's opening of Europe's major stock markets saw a decline as investors watched the changes in France and Britain's political...
European stocks decline due to political unrest in France
Following unexpected elections in which a hung parliament seemed likely, investors became concerned about the political unrest in France, which...
Equity market upbeat as investors gain N6 billion
The equity market maintained its upward trend on Thursday, with investors gaining over N6.29 billion. The day's favorable activity was...
ExxonMobil says it has no plans to exit Nigeria
ExxonMobil Nigeria's managing director, Shane Harris, has stated that the oil giant is not abandoning the country as some have...
The NDIC offers other assets and the headquarters of Heritage Bank for sale
In its capacity as the bank's liquidator, the Nigeria Deposit Insurance Corporation has put the defunct Heritage Bank's head office...
Jet fuel is exported by a Dangote refinery to Europe – Report
The Dangote refinery in Nigeria has achieved a significant milestone by shipping its inaugural load of jet fuel to Europe....
Dry cleaners devise plans to break into the $165 billion global market
According to the Fabric Professionals and Dry Cleaners Association of Nigeria, the $165 billion worldwide cleaning and hygiene market would...
The NDIC receives a directive to close 96 mortgage and microfinance banks
According to the Nigeria Deposit Insurance Corporation, 96 of the 183 microfinance and primary mortgage banks whose licenses were withdrawn...
Nigeria produced the most oil in Africa in April (1.28 million barrels per day)
Nigeria's average daily production of crude oil jumped to 1.28 million barrels in April, according to the Organization of Petroleum...
Buy now, pay later: 1.9 million Nigerians sought to be part of the consumer credit program – MD
Three weeks after the consumer credit scheme's launch, over a million Nigerians have applied, according to Uzoma Nwagba, Managing Director...
Reps criticize Binance for alleged bribes
The claim made by the massive cryptocurrency exchange Binance that certain authorities requested a $150 million bribe to settle the...
Forex crisis: Three states request a suspension of the $501 million loan repayment
Because of the extreme fluctuations in foreign money, the state administrations of Ekiti, Cross River, and Ogun have suggested deferring...
Group partner and terminal operator on barge operations
The West Africa Container terminal in Onne, Rivers State, owned by APM Terminals, announced that it has collaborated with Ibeto...
Stakeholders demand from Binance the identities of government officials who are seeking for bribes
The bitcoin industry's stakeholders have urged Binance to identify the public servants who requested bribery. Additionally, the stakeholders required Binance...
Four UBA directors purchase shares worth N1.12 billion
Through transactions on the Nigerian Exchange Limited, four directors of United Bank for Africa have bought about 42,336,281 units of...
Equity market continues its down trajectory, losing N2 billion
PZ Cussons, International Breweries, and eighteen other companies saw their share prices decline on Wednesday, which resulted in the Nigerian...
CAC establishes a center for PoS operators to register
A center for bulk Point of Sale operator database registration has been established by the Corporate Affairs Commission. This was...
