The Nigeria National Petroleum Company Limited (NNPC Limited) has reported a Profit After Tax of ₦5.4 trillion for the 2024 financial year, earned from total revenue...
The naira continued to struggle in the foreign exchange market last week, closing lower at both the official and parallel markets. At the Nigerian Foreign Exchange...
Dangote Sugar Refinery Plc has announced the resignation of its Group Managing Director and Chief Executive Officer, Ravindra Singhvi, effective November 30. The disclosure was made...
Several major websites around the world, including the social media platform X, faced disruptions on Tuesday due to problems linked to internet infrastructure company Cloudflare. Cloudflare...
Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, has revealed that the country’s foreign reserves have risen to over $46 billion. He made the announcement on...
The National Bureau of Statistics (NBS) has reported a further drop in Nigeria’s headline inflation rate, which fell to 16.05 percent in October 2025. The figure...
Nigeria’s crude oil production for October remained below the 1.5 million barrels per day (bpd) quota set by the Organization of Petroleum Exporting Countries (OPEC), according...
Africa’s richest man and chairman of Dangote Group, Aliko Dangote, has announced plans to invest more than $1 billion in Zimbabwe’s cement and energy sectors. Speaking...
The Naira strengthened slightly in the parallel market on Tuesday, trading at N1,462 per dollar compared to N1,465 on Monday. However, it weakened at the official...
The naira fell against the United States dollar at both the official and parallel foreign exchange markets on Monday, beginning the week on a negative note....