Economy

•Calls for legal frameworks to support peer-to-peer transfers•Warns against divided global financial system The Managing Director of the International Monetary...

The Association of Bureaux de Change Operators of Nigeria has said that its annual turnover is now N1tn. The President,...

BUA Group and Axens of France have signed a progress acknowledgement statement for BUA’s proposed 200,000-barrels-per-day refinery in Akwa Ibom...

Obinna Chima who this week visited the Lafiagi Sugar Company, a subsidiary of the BUA Group, highlights efforts the company...

9mobile is providing free access to lecturers and students on tertiary educational technology platform, MyClassConnect. 9mobile’s support with the technology...

Manufacturing sector’s intervention funds disbursed by the Central Bank rose to N803bn as of February. Figures obtained from the CBN...

British luxury carmaker, Rolls-Royce, has delivered the highest-ever first quarter sales results in 2021, reporting a 62 per cent increase...

Uber and Mastercard have extended their partnership with a new strategic initiative focusing on digital payments and advancing financial inclusions....

The value of transactions carried out online by bank customers jumped to N22.77tn in March 2021, the latest data from...

•NNPC posts marginal increase in gas-to-power generation The Organisation of Petroleum Exporting Countries (OPEC) has raised its forecast for crude...

averton Offshore Support Group Plc has announced its audited results for the year ended December 31, 2020. The results showed...

MTN Group Chief Executive Officer, Ralph Mupita, has said that the telecommunications firm targets a valuation of between $5 billion...

Richfield, a real estate development company with projects in various parts of the country, has launched an income generating investment...

The Bank of Industry (BoI) says it recorded a profit after tax of N35.54 billion for the financial year ended...

The Dangote Group on Monday acknowledged that about 40 per cent supply gap exits in the country’s cement market. Group...

Online instant lending platform, Specta and PaywithSpecta, a digital credit solution introduced by Sterling Bank has disclosed that it has...

Over 428 oil and gas projects are expected to be developed in Africa’s oil and gas sector before 2025, a...

Decades after the industry took its root, Nigeria’s insurance industry, sadly, stands at less than five per cent penetration. The...

The Corporate Affairs Commission on Sunday stated that following the successful deployment of an end-to-end registration module, it was now...

Nigeria’s debt profile has been on the increase because of the impact of revenue crash and the crises trailing the...

A United States-based cybersecurity expert, Dr. Augustine Ohwobete has advised that as the pace of digital disruption accelerates and innovative...

A Nigerian firm, the Mercury Maritime Concession Company (MMCC), has proffered a solution to the congestion at the nation’s seaports...

Ethiopian Airlines said it reached 91 per cent on-time performance of all global flight departures in the last three months...

Rand Merchant Bank (RMB) has disclosed that it acted as Joint Lead Manager and Joint Bookrunner (JLM), alongside other transaction...

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has appointed Tomisin Fashina as Group Executive for Operations &...