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NNPC reveals N13.2tn spent on Port Harcourt, Warri, and Kaduna refineries in 2023–2024 with little output. CEO Bayo Ojulari vows to restore operations
Bitcoin slides to 15-month low, falling to $66,000 as broader crypto markets decline amid Fed expectations and shifting investor sentiment
Gold rises amid market turbulence as silver swings sharply, CME raises margins, and investors seek safe havens during global stock selloffs
Dollar remains near two-week high as investors flee risky assets amid AI tech selloff, with yen gaining ahead of Japan’s national election
Toyota profit forecast improves despite US tariff pressure, as cost cuts and strong global sales lift earnings expectations
MoMo PSB partners SMEDAN to provide digital and financial tools aimed at improving efficiency and sustainable growth for Nigerian SMEs
Prof Akpan Ekpo says World Bank, IMF praise Tinubu’s reforms for policy alignment, but notes weak structural impact
Stanbic IBTC 2025 profit jumps 68% to N381bn on strong fee, trading, and lending revenues, delivering robust shareholder returns
MTN negotiates to acquire remaining 75% of IHS Towers, valuing the company at $2.76bn to strengthen network infrastructure across Africa
Elon Musk becomes the first person ever worth $800 billion after SpaceX acquires xAI in a $1.25 trillion merger, widening the global wealth gap
Libya leads Africa in 2026 with $92.9 billion in foreign exchange reserves. South Africa, Nigeria, and Egypt also feature among the continent’s top ten
NNPC CEO Ojulari reveals state-owned refineries ran at monumental loss, halting operations to curb waste and reassess commercial strategy
GSK reports £5.7 billion net profit in 2025, up from £2.6 billion in 2024, fueled by strong sales of HIV, respiratory, and cancer drugs, recovering from...
Nigeria Africa third-largest economy in 2026, IMF predicts growth from $285bn to $334bn amid reforms and rising oil production
Nigeria food prices fall as rice, beans, and garri decline in November 2025, easing household costs and reflecting stable inflation trends
Westpaq International, in partnership with Subsurface Consultants and Associates (SCA), has opened a cutting-edge Energy Industry Training Facility at Eko Atlantic City, Lagos. The facility is...
Following the launch of “ALAT: The Evolution”, Wema Bank, Nigeria’s oldest indigenous bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has launched...
Air Peace Lagos São Paulo flight remains in process as airline rejects claims of deception and explains regulatory requirements
US dollar hits four-year low, prompting naira and other currencies to rise while gold surges, reflecting global investor shift amid economic uncertainty
WACCIMA urges South-South stakeholders to stop compromising and demand full operation of Delta ports, highlighting benefits for employment, trade logistics, and economic growth