Business News

Yolo Group’s Sportsbet.io’s has announced three more ambassadors alongside a team of superstars that already includes Nwankwo Kanu, Brett Lee and King Kaka. According to a statement by the firm,...

Following the recent rebound of the naira against the dollar, the price of a 50 kilogramme bag of rice has dropped to an average of N67,000 in Lagos, Abuja, Ogun,...

The naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange market on Monday, according to data obtained from the FMDQ securities exchange....

Guaranty Trust Holding Company (GTCO) Plc has announced a total dividend payout of N94.180 billion for the financial year ending December 2023, translating to N3.20 per share held by shareholders....

The Central Bank of Nigeria (CBN) has proactively addressed currency fluctuations and met essential foreign exchange demands by issuing a circular to Bureau De Change (BDC) operators. This circular announces...

First Bank of Nigeria Limited has appointed Olusegun Alebiosu as its acting Managing Director with effect from April 2024. The bank stated this in a statement signed and made available...

The Securities and Exchange Commission has revealed that it has brought about N2.36tn in discretionary and non-discretionary funds under custody following updates to the guidelines for Collective Investment Schemes in...

The International Monetary Fund has stated that central banks’ decision to hike interest rates to curb inflation has been impeding housing market growth and mortgage accessibility. In a recent release...

The Nigerian equity market was in the red zone throughout last week, as investors lost N1.57tn. According to analysts, the pullback in the domestic equity market, which has persisted for...

The Independent Petroleum Marketers Association of Nigeria says it is expecting that the Dangote refinery will reduce the price of its diesel further to say about N700 per litre. The...