The Central Bank of Nigeria (CBN) has reaffirmed its commitment to enhancing economic cooperation between Nigeria and the Kingdom of Saudi Arabia, according to a statement released on Sunday. CBN Gove...
President Bola Tinubu has announced that his administration is taking significant strides to position Nigeria as a global fintech leader. This statement followed the signing of a Memorandum of Underst...
Cryptocurrency exchange Bybit successfully covered its $1.46 billion loss from a recent hacker attack through a combination of loans, whale deposits, and Ethereum (ETH) purchases, according to blockch...
Millions of Nigerians could soon face widespread mobile network disruptions as telecom towers in Lagos and Ogun States run dangerously low on diesel. A standoff between fuel truckers and the Lagos Sta...
Asian markets mostly fell Monday following a dour end to last week for Wall Street fuelled by disappointing economic data, but Frankfurt and the euro rose after conservatives won Germany’s closely wat...
Dangote stated this at a tour of the Refinery complex by the Zambia government delegation, led by the country’s minister of Energy, Makozo Chikote held at the weekend. Dangote disclosed that the oil r...
He also called for massive investment in oil and gas to power the country’s industries and ensure energy security.Elumelu spoke on the sidelines of the Heirs Energies Leadership Forum 2025, with the t...
Analysis of the CBN data showed that a significant portion of the N5.24 trillion, N4.74 trillion, or 90.4 per cent, was held outside the banking system, reflecting the continued dominance of cash tran...
The African Development Bank (AfDB), in its 2025 Macroeconomic Performance and Outlook (MEO) report has revealed that Africa’s economic performance is showing signs of improvement but remains vulnerab...
The steady appreciation of the naira was as a result of about $8 billion the federal government spent to keep it up to its current levels, Bismarck Rewane, the MD/CEO of Lagos-based Financial Derivati...