The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 22.41 per cent in May 2023. This is according to the NBS Consumer...
In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value...
Naira on Thursday lost against the dollar at the Investors and Exporters window, exchanging N702.19 to the dollar. The local currency depreciated by 5.75 per cent...
Aliko Dangote and Abdulsamad Rabiu, Nigerian billionaires listed among the 500 richest men in the world, have lost a combined $5.85 billion, according to the Bloomberg...
By Leftist Omobude Agho
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC has cleared ExxonMobil of the accusation of illegal lifting of butane at the Bonny River Offshore Terminal (BRT) by...
Fitch Ratings has affirmed Fidelity Bank Plc’s credit rating at ‘B-‘ with a stable outlook, according to its recent report. The global rating agency also upgraded...
There are indications that Nigeria, through the Central Bank of Nigeria (CBN), is set to affect exchange rate convergence, a move that is already bringing the...
By GWG Business Editor
The Independent Petroleum Association of Nigeria (IPMAN), on Wednesday morning, shut down filling stations in Anambra, causing panic in major towns in the state. The Chairman...
