Nigeria’s foreign reserves hit $40.2 billion in October 2024 from $38.4 billion reported in September. This was disclosed by ...

The federal government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has approved the divestment of ExxonMobil onshore assets to Seplat Energy Plc after a two-year delay.

...As apex bank focuses in reining in inflation... Money supply rises to N107trn The Central Bank of Nigeria (CBN) sold a total of N7.6 trillion in Open Market Operation (OMO) in the first nine months ...

Abbey Mortgage Bank, a leading institution in the mortgage sector, has offered real estate and financial investment opportunities to residents of the Federal Capital Territory (FCT). At its recent ...

The National Information Technology Development Agency has outlined Nigeria’s two-fold approach to the adoption of Artificial Intelligence (AI). Kashifu Inuwa, the agency’s Director General, disclosed ...

Ever since the presidency confirmed that Bola Tinubu, Nigeria’s ineffectual president, would reshuffle his utterly incompetent cabinet, speculations have been rife about who would be in and who would ...

Don Jazzy, the renowned music entrepreneur and mastermind behind some of Africa’s biggest hits, is expanding his empire into the world of football with his latest venture, Supremos Football Club, ...

TotalEnergies will do extensive turnaround work at its largest integrated refinery complex in Europe in the second half of 2025, sources familiar with the plans told Bloomberg on Friday. TotalEnergies ...

The Minister in charge of power in Nigeria, Adebayo Adelabu, said it’s very expensive for private companies to generate electricity right now. He says it can cost up to N750 to make one kilowatt-hour ...

The federal government has officially approved Seplat Energy’s purchase of Exxon Mobil’s onshore assets, valued at $1.28 billion, more than two years after the deal was originally struck. This sale ...

Flour Mills of Nigeria Plc (FMN), is planning a dual listing following a comprehensive business restructuring aimed at driving long-term growth. FMN would re-list on the Nigerian Exchange (NGX) and ...

MTN Nigeria Communications Plc is set to reduce its carbon footprint with the launch of new paper-based, biodegradable, eco-friendly SIM cards. This aligns with its project zero goals, which aims to ...