Oil Prices Reach $90 Following Supply Reduction by Saudi Arabia and Russia.

Oando Plc, a leading Nigerian energy company, has revealed its agreement with Eni to acquire a 100 percent stake in...

Gold set for best week in 14 on expected pause in Fed rate hikes

Gold Prices Hover as Market Awaits Clarity on U.S. Rate Cuts

Gold prices maintained their stability on Tuesday as investors kept a watchful eye on potential rate cuts by the U.S....

PZ Cussons Announces Plan to Acquire Outstanding Shares of PZ Cussons Nigeria Plc

PZ Cussons (Holdings) Limited has revealed its intention to acquire all outstanding shares from its shareholders at a rate of...

Russia Denies Responsibility for African Food Shortages.

The Kremlin has reaffirmed Russia's role as a dependable grain supplier despite facing obstacles created by Western countries, asserting that...

NLC and FMBN Clash Over N238bn National Housing Fund Management

A recent disagreement between the Nigerian Labour Congress (NLC) and the Federal Mortgage Bank of Nigeria (FMBN) has thrown the...

Jumia Reports 28.1% Decline in Customer Base in Nigeria Due to Inflation Woes

Jumia, has unveiled its Q2 2023 financial results, revealing a substantial 28.1% reduction in its customer base as the impact...

DMO Records N204.50 Billion in Treasury Bills Sales, FMDQ Report Shows.

DMO August FGN Bond Auction Attracts N312.56 Billion Subscription

In a bid to secure much-needed funds for the Federal Government of Nigeria, the Debt Management Office (DMO) conducted an...

Unpacking July’s Inflation Surge: Economic Concerns Mount as Inflation Rate Rises in 2023

In a concerning economic development, Nigeria's headline inflation rate surged to 24.08% in July 2023, up from 22.79% in June...

Breaking: Headline Inflation Hits 24.08% for July 2023