Investors Lost $90 Million to Elon Musk’s Tweets, Crypto Market in Trouble
The crypto market has been thrown into confusion after the tweets of…
Onne Terminal Commences Operation, To Get $100m Investment
Following the commencement of container operations at Onne Multipurpose Terminal (OMT), May…
Why Nigeria’s Manufacturing Sector Is Not Attracting Desired Investment – NESG
The Nigerian Economic Summit Group (NESG), on Friday stated that only N5.73…
Nigeria Attracts $195m Healthcare Investment in Five Years
A recent report has revealed that the nation’s healthcare system has attracted…
AfDB, IFAD, Others Give $17b To Boost Food Security in Africa
Over US$17 billion in financing has been pledged by a unification of…
Oil Industry Generated N23.8bn VAT in First Quarter – NBS
A report released by National Bureau of Statistics (NBS) said that the…
Q1 Report: Jumia Records 11% Increase in Gross Profit
Africa’s ecommerce market leader, Jumia has said that it recorded an 11%…
CBN Removes N379/$1 Exchange Rate from Website
The Central Bank of Nigeria (CBN) on Friday removed the exchange rate…
2Baba, Chike to Perform as NGX Group Launches The Stock Africa Is Made Of
Award-winning singer, songwriter and producer Innocent ‘2Baba’ Idibia on Tuesday, 18 May…
Economists Decry Effect of Nigeria- China Swap on Economy
Financial Economists on Friday said that the Nigeria-China currency swap has had…
Bank Deposits Rose by N6.95tn In One Year – CBN
The Central Bank of Nigeria on Thursday said that deposits rose by…
UK Will Likely Need to Issue A Digital Currency, Says BoE Deputy Governor
The Bank of England's deputy governor, Jon Cunliffe, has said that a…
Global Commerce Costs Drop By 15% In 19 Years – WTO
World Trade Organisation, on Friday said that the Global trade costs have…
MIT Introduces Leadership Program for Young Entrepreneurs in Nigeria, Other African Nations
The Legatum Center for Development & Entrepreneurship at MIT has launched the…
Bitcoin Loses Over $120.78b in 24 Hours – Elon Musk
CEO of Tesla, Elon Musk, said that the bitcoin lost more than…
Proposed National Carrier Gets $250m Lifeline
The Federal Government has relived hope of the new national carrier with…
Data, Mobile Money Push Airtel Africa Q4 Profit To $154m
Chief Executive Officer, Airtel Africa, Raghunath Mandava, said that its Africa’s operation…
Argentina Becomes First National Team to Launch Fan Tokens via Socios.com
Argentina will become the first national football team to launch a fan…
UK Govt Gives Premier League Green Light to Roll Over TV Deal
English Premier League has been permitted by the British Government, in principle,…
Colonial Pipeline Paid Hackers $5 Million In Ransom
Colonial Pipeline Co. paid nearly $5 million as ransom to East European…
Report Raises Hope on Nigeria’s Dwindling Oil Revenue
Nigeria’s oil revenue profile is set to witness a steady rise as…
Mutual Funds Grew By 50% To N1.57trn in 2020
Coronation Asset Management Limited, yesterday announced a 50 per cent rapid growth…
Nigeria, Others Recorded $540bn Remittance Flows In 2020 – World Bank
Nigeria and other low and medium-income countries recorded strong remittance flows; a…
Accredited Laboratories to Boost Manufacturing, Export – SON
Director General, Standards Organisation of Nigeria (SON), Mallam Farouk Salim, said that…
Company Income Tax Increases by N97.05bn In Q1, 2021 ― Report
The National Bureau of Statistics (NBS), on Wednesday says N392.77 billion was…
Edo Shut Down 150 Businesses Over Tax
Edo Internal Revenue Service (EIRS) said that it has closed down 150…
Foreign Investors Pull Out N1.64tr From Stock Market Over Insecurity
Nigeria stock market due to prevailing insecurity, among other macroeconomic challenges continue…
Nigeria Cargo Handling Business Booms in Q1 202, Records N2.63 Billion
Aviation Handling firms recorded a boom in the first quarter of 2021,…
FG To Auction N150bn Bonds for Subscription in May – DMO
The Debt Management Office on Tuesday said that the Federal Government would…
Nigeria’s Diaspora Remittances Will Rise To $22bn – Report
A rating Agency, Agusto Consulting Limited, on Tuesday projected that Nigeria’s diaspora…