UAC of Nigeria PLC Elects Khalifa Adebayo Biobaku as Vice Chairman of the Board.
UAC of Nigeria PLC, a leading conglomerate in Nigeria, announced the election of Mr. Khalifa Adebayo Biobaku as the Vice...
Lagos Commodities and Futures Exchange Launches N5 Billion Eko Rice Contract.
In a remarkable move aimed at bolstering agricultural assets in Nigeria, the Lagos Commodities and Futures Exchange (LCFE) has taken...
Nigerian States External Debt Burden Soar to N3 Trillion as Naira Floats.
In the wake of the Central Bank of Nigeria's (CBN) decision to float the naira, the 36 states and the...
Airtel Africa supports CBN Foreign Exchange Rate Unification.
Airtel Africa has expressed its support for the recent changes announced by the Central Bank of Nigeria (CBN) regarding the...
Arik Air Denies Allegations of N120 Billion Misappropriation.
Arik Air Limited (in receivership) has refuted claims of misappropriation of funds amounting to N120 billion. The Economic and Financial...
Afreximbank Establishes AfrexInsure to Enhance Trade and Investment Resilience in Africa.
The African Export-Import Bank (Afreximbank) marked a significant milestone on Sunday as it inaugurated its fully-owned subsidiary, AfrexInsure, during the...
Airtel Nigeria’s Launches 5G Spectrum Mobile Network
Airtel Nigeria, a telecommunication provider has launched its fifth-generation (5G) mobile network. The launch is expected to boost competition in...
Stanbic IBTC appoints Mr. Yinka Sanni as Non-Executive Director.
In a recent statement, the Board of Directors of Stanbic IBTC Holdings PLC announced the appointment of Mr. Yinka Sanni...
Aliko Dangote’s Wealth Drops by N1.45 Trillion Following Naira’s Exchange Rate Change
Nigerian business tycoon and Africa's wealthiest individual, Aliko Dangote, has experienced a significant decline in his wealth, totaling N1.45 trillion...
Kenyan Court Freezes Flutterwave’s Bank Accounts and Mobile Wallets Amidst Fraud Allegations.
According to Business Daily Africa, this week High Court judge Alfred Mabeya of Kenya issued orders freezing 45 banks accounts...
Popular Story
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
Nigeria’s Inflation Reaches 18-Year High, Government Implements Reforms to Tackle Rising Costs
Nigeria Witnesses Decrease in Mobile Subscriptions: MTN Nigeria Takes the Largest Hit.
eNaira Accounts for Less Than 1% of Circulating Currency
Naira Weakens at Official Market After Two-Day Advance
