The Central Bank of Nigeria (CBN) has approved the merger of Providus Bank and Unity Bank. The apex bank, in a statement signed by the acting...
International rating agency, Fitch Ratings has downgraded Dangote Industries Limited’s national Rating to ‘B+(nga) and placed the ratings on Rating Watch Negative. This is coming from...
Johann Rupert from South Africa has surpassed Aliko Dangote to become the richest person in Africa. According to Bloomberg, Rupert’s wealth has grown to $13.65 billion,...
President Bola Tinubu has directed the Nigerian National Petroleum Company Limited (NNPCL) to sell crude oil to Dangote Refinery and other upcoming refineries in Naira. The...
President Bola Ahmed Tinubu, has signed the new minimum wage bill into law. Tinubu who presided over the Federal Executive Council, FEC, meeting, at the Council...
Chief Camilus Amajuoyi, President General of Alaba International Market in Ojo, Lagos, has announced that the market’s members will not participate in the planned nationwide protests....
British consumer goods giant Unilever said Thursday that net profit edged up four percent in the first six months of the year, driven by higher sales....
On Thursday, the Naira depreciated to N1,603.8 per dollar in the Nigerian Autonomous Foreign Exchange Market(NAFEM). Data from FMDQ showed that the indicative exchange rate for...
Agency Report Hundreds of Disneyland Resort employees protested outside the world-famous California theme parks Wednesday, calling for better wages and denouncing alleged anti-union practices by the...
The International Monetary Fund announced Wednesday a $71 million disbursement towards Niger, which was hit by political instability after a military takeover last year. The approval...