AfricInvest Fund IV has bought a minority stake in the Nigerian retail store, Justrite Superstore. In a statement made available...

Days after CEO Elon Musk claimed that previous price reductions on other models had fueled demand, Tesla has reportedly lowered...

Flutterwave, a unicorn in the African financial industry, has denied losing $2,949,557,867 to hackers. On Sunday, it was previously revealed...

Banks credit to the government rose by N11.75tn in one year, figures obtained from the Central Bank of Nigeria have...

The National Pension Commission says it has recovered N24.15bn non-remitted pension savings of employees from defaulting employers. It disclosed this...

Nigeria’s oil production output may fall this month over a fresh pipeline explosion, according to findings by our correspondent. A...

On the backdrop of severe macroeconomic challenges, Dangote Cement Plc, MTN Nigeria Communication Plc and nine other companies listed on...

According to reports, $2,949,557,867 was fraudulently moved from the accounts of Flutterwave, an African fintech startup. According to Techcabal, the...

The February Purchasing Managers’ Index data released by Stanbic IBTC Bank indicated that the shortage of cash across the country...

The International Monetary Fund has urged the Central Bank of Nigeria and other monetary authorities to deemphasise monetary policy as a...