President Bola Ahmed Tinubu has appointed Mr. Ayo Sotinrin as the new Managing Director of the Bank of Agriculture, effective immediately. Mr. Sotinrin brings a diverse and extensive background in the...
FCMB Group Plc, in its audited financial results for the full year ended December 31, 2024, recorded a profit before tax (PBT) of N111.9 billion, a 7.1 per cent year-on-year increase. The Group record...
The Central Bank of Nigeria has provided updates to the financial market, investors and the public on the recent movements in the foreign exchange market between April 3rd and 4th, 2025. In a statemen...
The Central Bank of Nigeria (CBN) may begin to slow down the pace of absorbing inflows in net reserves to give a breather to the naira that has climbed to its highest in almost a month, potentially al...
Global stock markets extended their recent rout at the weekend, with S&P 500 companies wiping out $5 trillion in stock market value since U.S. President, Donald Trump, unveiled sweeping tariffs o...
The stocks market weekly report of the Nigerian Exchange Limited (NGX) showed that the figures are lower compared to the previous week when investors traded 7.5 billion shares valued at N398.95 billio...
In a statement on Sunday, the organisers said discussions would explore strategies to bridge Africa’s digital divide, strengthen fintech ecosystems, and drive broadband expansion. The conference comes...
When Kassy Olisakwe started Auroraweb3, a Nigerian company that builds decentralized solutions, websites, and applications for businesses, in 2020, his annual revenue was ₦114 million ($74,000). ...
China has announced duties of 34 per cent on all US imports in retaliation to Donald Trump’s tariffs, moving the world closer to a full-blown trade war as the US president vowed he would never back do...
The African Development Bank Group (AfDB) has made significant strides in addressing Africa’s energy challenges by committing $12.74 billion in investments between 2016 and 2024, connecting over 25 mi...