News

FCMB Group has reported a 206.86 per cent increase in its profit for the financial year ended December 2023 to N95.52bn. This was revealed in the unaudited annual report and...

The International Monetary Fund has said that even though Nigeria and other low-income debtors have yet to request any debt relief recently, high debt servicing costs remain a growing challenge....

Financial and economic analysts have urged the Federal Government to ramp up crude oil production to improve liquidity in the country’s foreign exchange market and help stabilise the naira. In...

During the 2024 Africa Prosperity Dialogue in Ghana, President Nana Akufo-Addo revealed plans to implement a visa-free policy for travellers from all African countries to Ghana starting this year. President...

The World Bank has unveiled plans to restructure Nigeria's Innovation Development and Effectiveness in the Acquisition of Skills (IDEAS) Project, citing challenges in achieving its goals. Launched with $200 million...

King Charles III has been admitted to a private hospital in London for a planned prostate surgery, according to a statement released by Buckingham Palace today. The 75-year-old queen will...

The defamation trial of Donald Trump concludes in New York on Friday, highlighting the extraordinary scandal and legal challenges surrounding the presumed Republican presidential nominee. Instead of disclosing his numerous...

The Extractive Industries Transparency Initiative, the global body that pushes for transparency in the oil and mining sectors, on Friday, frowned at the old data being released by the Nigerian...

The Chairman of the Board of Directors of the Eko Electricity Distribution Company, Dr Dere Otubu, has called for increased investment in the Nigerian power sector to meet the country’s...

The Nigerian Aviation Handling Company PLC on Friday launched its Export Packaging and Processing Centre in Lagos. Speaking at the event, the Chairman of NAHCO’s  Board of Directors, Dr Seinde...