In a notable turn of events that sent shockwaves across the cryptocurrency community, Binance, a prominent player in the crypto space, has announced its decision to...
Africa’s e-commerce giant, Jumia, has released its Q2 2023 financial results, showing a 28.1% decline in its customer base as inflation bites harder in its major...
Ajuri Ngelale, special adviser to President Bola Tinubu on media and publicity, says his principal has promised there will be no further increase in the petrol...
Nigeria’s inflation surged to 24.08% in the month of July 2023, a 129 basis-point increase compared to 22.79% recorded in the previous month. This represents the...
Fidelity Bank Plc has passed a resolution to increase its share capital from N16 billion to N22.6 billion, paving the way for its planned public offer...
The Nigerian National Petroleum Company Limited (NNPCL) has said that it is not planning to increase fuel pump prices at its retail stations. The company made...
The Northern Chamber of Commerce Industry, Mines, and Agriculture (NACCIMA) says rice millers are shutting down operations in the commercial city of Kano due to the...
The Central Bank of Nigeria (CBN) has threatened to sanction commercial banks engaging in illegal sales of foreign exchange. This is coming on the heels of the crash of...
The widening gap between the demand and supply of dollars in the banks and at the parallel market has continued to worsen the value of the...
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s oil production declined in July 2023, making the country the third largest oil producer in Africa....