The Governor of the Central Bank of Nigeria (CBN) is Mr. Olayemi Cardoso. He started his tenure on October 5, 2023. Before his appointment at CBN, Cardoso spent over 29 years in the commercial banking...
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...
On Monday, Fox Petroleum Group announced that for the next three years, it will fund $7.5 billion into the Nigerian National Petroleum Company Limited (NNPCL) to boost oil production in the upst...
Oppenheimer, a South African billionaire family has completed acquisition of one of Nigeria's biggest can makers, GZ Industries Ltd.The transaction was completed by Jonathan Oppenheimer, who is suppos...
Bitcoin, Gold, and Ethereum started the week by hitting a new record high. Bitcoin on Monday morning hit $41k+ as market bulls rushed in for the last month of the year.Bitcoin, in the early hours of M...
Six (6) big companies out of the 155 listed on the Nigerian Exchange Limited (NGX) contributed 62.3% or N24.313 trillion, out of the overall market capitalization of N39.052 trillion during November.C...
The Senate has threatened to involve the Economic and Financial Crimes Commission (EFCC) in recovering the Central Bank of Nigeria's intervention loan of N135 billion that was given to 15 oil and gas ...
The federal government of Nigeria recently announced that a revised minimum wage will be implemented, which will kick off on April 1, 2024.The Minister of Information and National Orientation, Idris M...
On Wednesday, the Nigerian Exchange Limited (NGX) gained N132 billion at the market's close to cover losses incurred in previous markets. Yesterday, Seplat Nigeria recorded a 10% profit, Meyer Plc rec...
Today, Brent crude oil reached $83 per barrel following the meeting of the Organization of Petroleum Exporting Countries (OPEC), as it holds today.At around 7:47 AM, GMT+1, the review of global prices...