The Nigerian National Petroleum Company Limited (NNPC) has decided to sack its top management staff who have less than 15 months to retire from the company.This development came days after the company...
The President of the United States (POTUS), Joe Biden, is currently estimated to have a net worth of $10 million. It was recorded that President Biden entered into office with a total of $8 million wh...
The Federal Government in collaboration with the Ministry of Power has reached an agreement with a Chinese consortium to improve power distribution lines—the contract is worth $463 million.Additiona...
Dangote Cement Plc has offered series 10 and 11 of its Commercial Papers under its N300bn Issuance Programme.According to reports from the stockbroking firms, the series, which was up to N50bn, was op...
Walmart Raises Outlook Again as Earnings ImpressKey Takeaways:Earnings & Revenue: Walmart exceeded expectations with an adjusted earnings per share of 58 cents (vs. 53 cents expected) and revenue ...
The demand on the foreign exchange (FX) market worsened on Wednesday as the naira fell to N1,140/$ at the parallel market. This shows that the country's currency added N110 in just a few hours. On Mon...
On Thursday, naira gained 1.5% at the parallel market following some confusion between currency speculators as they wait to see the government plans surrounding its proposed increase in dollar liquidi...
It’s reported that Nigerian and German companies signed a contract worth $500 million in Berlin on Tuesday. The presidential spokesperson, Ajuri Ngelale, said that this deal included a significant r...
International shipping companies operating in Nigeria will align their financial records with the Federal Internal Revenue Service (FIRS) between now and December 31.This warning was announced by the ...
Polaris Bank recently announced its onboarding into the Pan-African Payment and Settlement System to assist in easing cross-border trade and payments for its existing and potential customers.This mile...