The naira took a hit against the dollar on Tuesday, with FMDQ data showing a significant weakening to N1611.34 per dollar, a N25.57 loss from Monday’s...
Opening the week, investors’ interest in Tier-one banking stocks further extended gains of the Nigerian stock market capitalisation by N123 billion or 0.22 per cent. Gains...
The Nigeria National Petroleum Corporation Limited (NNPCL) has acknowledged experiencing significant financial difficulties due to substantial debt owed to international petrol suppliers. As the sole importer...
British energy giant Shell plans to cut hundreds of jobs from its oil and gas exploration division as part of a cost-cutting program announced last year,...
South African billionaire and chairman of Richemont, Johan Rupert, has been declared Africa’s richest man, surpassing Aliko Dangote, according to the Bloomberg Billionaires Index. Rupert’s recent financial...
The profit declared by the Nigerian National Petroleum Company Limited (NNPC Ltd.) will spur major investors to take advantage of its Initial Public Offer (IPO) when...
The naira experienced a significant appreciation against the dollar on Wednesday in the official foreign exchange market. According to FMDQ data, the naira strengthened to N1,543.84...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared an N3.3 trillion profit for the 2023 financial year. Chief Financial Officer of NNPC Ltd., Alhaji...
The Centre for the Promotion of Private Enterprises (CPPE) has called on the federal government to temporarily peg the exchange rate used for calculating customs duties...
Former presidential candidate and economist, Kingsley Moghalu has faulted direct funding of Small and Medium Enterprises (SMEs) and Micro, Small and Medium Enterprises (MSMEs) by the...
