The Central Bank of Nigeria (CBN) has issued new guidelines for interbank foreign exchange trading through the Electronic Foreign Exchange Matching System (EFEMS), mandating a minimum...
The Federal Government, through the Nigerian Shippers Council (NSC), has announced plans to implement the International Cargo Tracking Note (ICTN) to enhance security and boost revenue...
President Bola Tinubu has emphasized his dedication to reducing the “hardship” arising from the ongoing economic reforms of his administration in Nigeria. Tinubu made this statement...
The Federal Mortgage Bank of Nigeria (FMBN) has secured a ₦100 billion Offtaker Guarantee to support the development of the Karsana Renewed Hope City in Abuja....
Aliko Dangote, Africa’s richest man, is seeking to raise billions of dollars to step up crude oil supplies for his $20 billion oil refinery in Lagos,...
The shareholders of FBN Holdings have approved the company’s plan to raise up to N350 billion in additional capital and change its legal and brand names....
President Bola Tinubu has arrived in Rio de Janeiro, Brazil, to participate in the 19th G20 Heads of State and Government Summit. Tinubu landed on Sunday...
MultiChoice Group Limited has written off $21 million deposited in Nigeria’s Heritage Bank after the financial institution’s liquidation earlier this year. This was disclosed in the...
The founder of the Silverbird Group, Ben Murray-Bruce, has recounted how his South African partner defrauded him of $3.5 million in a cinema complex purchase in...
On Thursday, Professor Adebukola Onasoga of the Federal University of Agriculture, Abeokuta, Ogun State, along with other stakeholders, praised the Federal Government for the Digital Economy...