Swiss multinational Holcim has announced its exit from Nigeria after over six decades of operation, selling its 83.8% stake in Lafarge Africa Plc to China’s Huaxin...
The Naira recorded gains in the parallel market on Thursday, appreciating to N1,740/$1 from N1,745/$1 on Wednesday. Similarly, in the Nigerian Autonomous Foreign Exchange Market (NAFEM),...
The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) for marketers, lowering it from N990 per litre to N970...
Nigeria’s headline inflation surged to 33.88% in October 2024, rising from 32.7% in September, marking a 1.18 percentage point increase month-on-month. The latest Consumer Price Index...
An Air Peace flight scheduled to depart from Abuja to Lagos early Thursday morning encountered a bird strike incident at Nnamdi Azikiwe International Airport, causing an...
The naira has continued its depreciation against the dollar in both official and parallel markets. According to data from FMDQ, the naira dropped to N1,689.88 per...
A United States court has reportedly reissued an arrest warrant for Allen Onyema, the Chairman and CEO of Air Peace Limited, in connection with a $20...
The Central Bank of Nigeria (CBN) has revealed that over 28 million Nigerians, predominantly from rural areas, still lack access to banking services. Philip Ikeazor, Deputy...
MultiChoice Group, the South African Pay-TV giant, reported a significant loss of 243,000 subscribers from its Nigerian unit, covering its DStv and GOtv services between April...
Bitcoin reached a new all-time high, soaring past $83,000, as the cryptocurrency market responded positively to President-elect Donald Trump’s victory and expectations of his administration’s pro-crypto...
