News

Olayemi Cardoso, the governor of the Central Bank, announced a shift from crisis management to strategic planning, aiming to stabilize forex. After battling economic woes for six months, including high...

Richard Teng, CEO of cryptocurrency exchange Binance, stated yesterday that the business is working closely with Nigerian authorities following the imprisonment of the company's Head of Financial Crime Compliance. The...

In the parallel market, the Naira has fallen to N1,140 per dollar, down from N1,060 on Thursday. Similarly, the Nigerian Foreign Exchange Market (NAFEM) saw it fall to N1,169.99 per...

Tunde Onakoya, a Nigerian chess expert, broke the previous record of 56 hours and 9 minutes after completing a 57-hour chess marathon. Onakoya is presently aiming to surpass the 58-hour...

The Extraordinary General Meeting called by FBN Holdings to seek shareholders’ approval to raise N300bn has been canceled. A notice on Friday filed with the Nigerian Exchange Limited said the...

The Nigerian National Petroleum Company Limited and its joint venture partner in Oil Mining Lease 85, First Exploration and Petroleum Development Company Limited, have commenced oil production from the asset...

Access Holdings, the parent company of Nigeria’s largest bank, Access Bank, has said that it will be going fully digital for its N365bn rights issue. In a notice filed with...

Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, has pledged support for locally-made vehicles, saying supporting such initiative will enhance economic growth. He spoke after taking a test drive...

The Nigerian National Petroleum Company Limited (NNPC) and its joint venture partner, First Exploration and Petroleum Development Company Limited, have initiated oil production from Oil Mining Lease 85, also known...

Joseph Osanipin, the Director General of the National Automotive Design and Development Council (NADDC), disclosed that merely 6 per cent of Nigerians possess vehicles in the country. This revelation came...