News

About N147.5 billion has been raised by the First City Monument Bank (FCMB) Group Plc from a public offer, recording a 33 per cent oversubscription, a statement from the financial institution has ...
As part of its commitment to safety on the roads across the country, the Federal Road Safety Corps (FRSC) has highlighted some items vehicle owners should always carry along. In a recent post, FRSC ...
A move has been taken to allow cross-border payments and remittances through a stablecoin, USDC. This is a product of collaboration between Africa’s largest payments gateway, Onafriq, and a leader in ...
For returning to profitability, a leading ratings agency, GCR Ratings, has revised the outlook of Nigerian Breweries Plc to stable from evolving. Similarly, the national scale long-term and short-term ...
The crypto landscape is increasingly cluttered with airdrops, but Nodepay’s approach appears more calculated than most. By integrating with major exchanges like OKX and offering a browser extension, ...
A Nigerian cocoa processing company, OH Ecosystems Limited, has received $12 million in investments from Norfund, the Norwegian Investment Fund for developing countries. The funding package will allow ...
The Nigerian Shippers Council (NSC) has reaffirmed its commitment to fighting against corruption in Nigeria’s maritime ecosystem, pledging closer collaboration with the Independent Corrupt Practices ...
African Export-Import Bank (Afreximbank) has backed plans to set up an oil trading house called Africa Trading Minerals (Atmin), which will finance the purchase of refined petroleum products by ...
The Director General of the World Trade Organization (WTO), Mrs Ngozi Okonjo-Iweala, has said the US-China tariff war could reduce trade in goods between the two economic giants by 80 per cent and ...
The National Pension Commission (PenCom) has revealed that 368,911 workers have changed their Pension Fund Administrators (PFAs) and transferred their Retirement Savings Accounts worth N1.77 trillion ...
The Nigerian Independent Petroleum Company (NIPCO) Plc has confirmed that its investment, put at $50 million, is helping push Nigeria’s energy diversification and transition plans, with more in the ...
The managements of Union Bank of Nigeria and the Institute of Chartered Accountants of Nigeria (ICAN) are looking at ways to join forces for growth. Recently, the executives of ICAN were at the head ...