Business News

Ethereum's recent surge of 8% marks its most significant rise in over a month, sending ripples across the crypto ecosystem. The surge witnessed Ethereum outperforming major cryptocurrencies like Bitcoin. According...

The World Bank has projected that Nigeria's inflation rate will decrease to approximately 24.8% this year and drop to 15.1% by 2026. This estimation is based on expectations of Nigeria's...

Early Asian trading witnessed a surge in oil prices as optimism waned concerning potential ceasefire negotiations between Israel and Hamas, amplifying tensions in the Middle East. Brent crude futures ascended...

The Federal Government has allocated approximately N4.83 trillion from the proceeds of Nigerian Treasury Bills (NTBs) and Bonds issued in 2024 to settle Ways and Means Advances from the Central...

The House of Representatives will intervene in the recent increase in electricity tariffs by the Nigerian Electricity Regulatory Commission upon its resumption on April 23, 2024, Deputy Speaker, Benjamin Kalu...

The Coalition for Affordable and Regular Electricity has kicked against what it called the provocative hike in electricity tariff for Band A customers, calling on leaders of pro-masses organisations to...

Nigeria is set to receive a $1.05bn syndicated loan backed by oil from the African Export-Import Bank next month. The loan is part of a larger $3.3bn prepayment facility arranged...

The shareholders of Zenith Bank would get about N109.88bn as dividends for the 2023 financial year. This was disclosed in the annual report, which was filed with the Nigerian Exchange...

The Central Bank of Nigeria, CBN, has reduced the exchange rate in the Bureaux De Change, BDC, segment of the currency market by 12%, or N152.23, to N1,117.5 per dollar,...

The Association of Bureaux De Change Operators of Nigeria (ABCON), representing all Central Bank of Nigeria (CBN)-licensed Bureaux De Change (BDCs), has urged the apex bank to review its exchange...