The executive board of the International Monetary Fund (IMF) says Kristalina Georgieva has been re-elected to serve as the lender’s managing director (MD) for a second...
The naira, on Friday, appreciated to N1,150 per dollar at the parallel section of the foreign exchange (FX) market. Currency traders in Lagos, also known as...
Adebayo Adelabu, minister of power, says the electricity tariff will reduce if the foreign exchange (FX) rate drops below N1,000. On April 3, the Nigerian Electricity...
The National Identity Management Commission (NIMC) recently announced the launch of a multipurpose National ID card that can serve the purpose of identity verification, payments, and...
Uganda’s government has moved to pass legislation allowing Islamic banking and the immediate licensing of Salaam Bank signaling a growing demand for Sharia-compliant financial services and...
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has set up a textile and garment workshop for fashion designers. The agency also granted one...
The Chairman of Nigerian indigenous carrier, Air Peace, Mr Allen Onyema, has raised the alarm that foreign carriers operating the Nigeria-UK route are allegedly conspiring to...
The United Bank for Africa (UBA) says it recorded N757.7 billion in profit before tax (PBT) in 2023 — rising from N201 billion in 2022. In...
Larry Madowo, an international correspondent with CNN, says his experience with Nigeria’s visa system was frustrating. Madowo made the complaint in a post on his LinkedIn...
Electricity distribution companies (DisCos) have started publishing their inability to meet the required power supply for Band A customers — as directed by the Nigerian Electricity...