BUSINESS
-
Bitcoin surges to all time peak
Bitcoin soared to a new all-time high on Wednesday, May 21, surpassing its previous peak from January, driven by improving…
Read More » -
World Bank: How NNPCL failed to remit N500bn to FAAC in 2024
The World Bank has revealed that the Nigerian National Petroleum Company Limited (NNPCL) remitted only 50% of the revenue gains…
Read More » -
Burberry set to cut 1,700 jobs globally in bid to cut costs
Burberry is set to cut approximately 1,700 jobs globally, roughly 18% of its total workforce, as part of a major…
Read More » -
Fitch upgrades investment rating of four Nigerian states
Fitch Ratings has upgraded the Long-Term Foreign- and Local-Currency Issuer Default Ratings for the Nigerian states of Kaduna, Kogi, Lagos,…
Read More » -
₦114 Trillion: Nigeria’s Money Supply Grows Despite CBN Policy
Nigeria’s broad money supply rose to ₦114.22 trillion in March 2025, defying the Central Bank of Nigeria’s (CBN) monetary tightening…
Read More » -
Dangote Refinery slashes petrol price again to N835/litre in Nigeria
In a significant development for Nigeria’s energy sector, the Dangote Petroleum Refinery has announced a further reduction in the gantry…
Read More » -
Nigeria’s Q1 2025 Economic Review: Policy, Inflation, and Market Sentiments
Nigeria’s economy presented a mixed picture in Q1 2025. Navigating the ongoing impacts of 2023’s fuel subsidy removal and FX…
Read More » -
CBEX: Nigerians lose N1.3tn as digital trading platform crashes
Thousands of Nigerians have reportedly been plunged into financial distress following the alleged collapse of CBEX, a digital investment platform…
Read More » -
FTC Bid to Break Up Meta as Zuckerberg Faces Antitrust Trial
The Federal Trade Commission (FTC) has launched a high-stakes antitrust trial against Meta Platforms Inc., specifically targeting its CEO, Mark…
Read More » -
Operating Online Forex Platforms Without Registration Is Illegal- SEC
The Securities and Exchange Commission (SEC) has declared the operation of unregistered digital asset exchanges and online foreign exchange (FX)…
Read More »