The Central Bank of Nigeria has given commercial banks permission to trade foreign exchange freely at any rate.The approval implies that banks can now sell foreign currency at a market-determined rate...
Aliko Dangote, the renowned Nigerian business tycoon, has once again emerged as Africa's wealthiest individual, holding this prestigious title for an unprecedented 12 consecutive years. A Decline...
The Central Bank of Nigeria (CBN) has recently announced a significant overhaul of the Nigerian Foreign Exchange (FX) Market, with the goal of enhancing liquidity and stability. As part of this effort...
ThriveAgric, an agritech startup based in Nigeria, has made a substantial investment of over $100 million to empower 514,000 smallholder farmers across Africa and facilitate the expansion of food prod...
In a surprising twist, the shareholders of Toyota have cast their votes in favor of retaining Akio Toyoda as the chairman of the largest car manufacturer globally. This unexpected turn of events has r...
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The latest headline leading today shows that JPMorgan Chase has agreed to pay $290 million to settle a lawsuit filed on their deceased financier Jeffrey Epstein who was accused of sex trafficking. Dav...
SWOOTs, an acronym for Stocks Worth Over One Trillion, represent stocks with a market valuation of at least N1 trillion. This elite group includes notable companies such as Airtel Africa and MTN...
Abbey Mortgage Bank Plc has set its sights on achieving N1.443 billion in gross earnings during the third quarter of 2023, according to the company's earnings forecast obtained from the Nigerian Excha...
Nigeria's mobile phone subscribers have surged to a whopping 223.8 million individuals as of April 2023. This extraordinary growth has been accompanied by the Telecommunications and ICT sectors making...
The VFD Group Plc is excited to make the following announcement on its plan to list on the Nigerian Exchange Group (NGX).By implementing this business strategy, the company will be able to improve its...