Just recently, Changpeng Zhao, the founder of Binance, which is reported to be the largest cryptocurrency exchange in the world, was sentenced to four months in prison on allegations of money launderi...
The federal government recently announced that the bidding process for the 2024 oil round has begun. Twelve oil and seven deep offshore blocks from the previous round are for sale.The Nigerian Upstrea...
According to data from BusinessDay, Stanbic IBTC Holdings Plc's generated profit in the first quarter (Q1 2024) of this year was the highest in at least 13 years.In the first quarter of 2023, its pre-...
Yesterday, it was reported that the Central Bank of Nigeria (CBN) had increased the exchange rate used to calculate tariffs and import duties collected at airports and seaports.This development comes ...
Nigerian Exchange Group Plc's shareholders at the 63rd Annual General Meeting (AGM), held in Lagos yesterday, approved, among other important resolutions, the management's plan to raise N10 billion th...
The Nigerian Senate has begun investigating the hike in electricity rates in eleven states.During Monday's meeting at the Senate-wing National Assembly, the Red Chamber threatened to punish any person...
A.P. Moller-Maersk, a Danish shipping and logistics company, recently announced its plans to invest $600 million to strengthen Nigerian ports' port infrastructure and offer more container shipping ser...
It has recently been reported that Zenith Bank Plc's shareholders have approved its transformation into a holding company.Zenith Bank Plc shareholders approved it during a court-ordered Extraordinary ...
Nigerian Breweries Plc recently reported its Q1 2024 report, highlighting that the brewing company recorded a total gross profit of N81.88 billion in the quarter ending March 31.This significant incre...
Based on an analysis of Meyer Plc's most recent financial statement by BusinessDay, the company's earnings as one of Nigeria's largest paint manufacturers, fell by 40% last year. The company's af...