Aliko Dangote, president of Dangote, has been named Africa’s richest person — with a net worth of $13.9 billion – up from $12.1 billion last year....
The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate (MPR), which measures interest rate, at 11.5...
Akinwumi Adesina, president of the African Development Bank (AfDB), has described the Dangote Refinery and Petrochemical Plant projects as a “game-changing initiative” that will spur development...
Aliko Dangote, chairman of Dangote Group and Africa’s richest person, says the refinery will begin processing crude by the third quarter of 2022. According to Bloomberg, the...
The value of the cryptocurrency market stood at $1.61 trillion today, representing 11.8 percent decline over the last day, according to data on CoinMarketCap. The price...
Bitcoin, the world largest crypto by market cap, dropped more than 9 percent today to $38,147. According to data on CoinMarketCap, this is the lowest rate since...
The value of the Nigerian naira depreciated by 1.5 percent as banks shifted personal travel allowance (PTA) and business travel allowance (BTA) rates from N413 to...
Brent crude, global oil benchmark, rose to $88 a barrel yesterday, on tighter supply by Organisation of Petroleum Exporting Countries (OPEC) and its allies. Yesterday, Brent...
As part of its continuous support of efforts to tame the spread of Covid-19 in the country, Sterling Bank Plc has collaborated with the Lagos State...
Parallex Bank says it has officially transitioned from a microfinance institution to a commercial bank. The bank unveiled its new brand entity, over the weekend, at...