The founder of FTX Crypto Derivatives Exchange, Sam Bankman-Fried, has entered into a bidding war with Wave Financial, a digital-asset investment firm, to acquire the assets...
The net profit of Guaranty Trust Holding Company (GTCO) depreciated by -2.33% in the first half of 2022, despite its net interest income rising during the...
Africa’s biggest mobile operator, MTN, has announced the early settlement of $300 million of its dollar-denominated bonds. This is part of a strategy to cuts its...
The Federal Government and cryptocurrency platform, Binance Holdings Limited, are currently holding talks on the establishment of a digital economic zone that will help entrepreneurs fast-track...
The Ibadan Electricity Distribution Company has launched its 24-hour ‘Mobile Map’ campaign in the ancient city of Ile-Ife, Osun State, in a bid to reduce the...
Nigerian National Petroleum Company Limited, NNPCL, deducted ₦448.78 billion from Federation Account revenue in August for petrol subsidy. The amount was exclusive of the ₦482.57 billion...
The Nigerian National Petroleum Company (NNPC) has failed to sell enough crude oil to offset its petrol subsidy debt to oil marketers in Nigeria. Data obtained...
The Nigerian National Petroleum Company Limited has reached an agreement with Dangote Refinery to supply crude oil for 20 years. The agreement gives NNPC the first...
Google has announced an update for Google Meet that will let Meet users easily unmute themselves by holding down the spacebar and mute again by releasing...
The National Broadcasting Commission (NBC) on Friday temporarily suspended the shutdown of some broadcast stations for failing to renew their licences. The commission had last week...
The increase in electronic banking transactions has made the Central Bank of Nigeria (CBN) reduce the minting of the Naira. The CBN Deputy Governor, Economic Policy...
The Zambian Minister of Commerce and Industry, Mr. Chipoka Mulenga, has sought the assistance of the President, Dangote Group, Aliko Dangote in the development of his...
The Kwara State Broadcasting Corporation says it is currently making efforts to offset the debts of the organisation to the Nigeria Broadcasting Commission, NBC. NBC on...
The Federal Competition and Consumers Protection Commission, FCCPC, has directed payment systems operators, PSOs, such as Flutterwave, Opay, Paystack and Monify, as well as telecommunication companies,...
The Federal Government has revoked the operating licenses of African Independent Television (AIT), Silver bird, MTV and 49 other broadcasting stations. The National Broadcasting Commission (NBC)...
The Nigerian stock market resumed trading this week, the market capitalisation dropping by -0.06 percent on Monday. This brought down the equity capitalization by N18.6 billion...
Honeywell Flour Mills has disclosed that Flour Mills of Nigeria will acquire more stake in the company through mandatory takeover, four months after FMN purchased 76.75%...
Amid lingering dollar scarcity, Nigeria’s foreign exchange for food, fuel and other imports jumped by 45 per cent in the first half of this year compared...
Shell Companies in Nigeria (SCiN), has alleged that illegal oil bunkerers were rebuilding illegal refineries destroyed by Nigerian security forces in parts of the Niger Delta...
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