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Aliko Dangote Reveals NNPC’s Reduced Stake in Dangote Refinery
Aliko Dangote, CEO of Dangote Group, recently sparked controversy with surprising revelations regarding the Nigerian National Petroleum Company (NNPC)'s stake...
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Nigeria’s Foreign Exchange Market Sees Significant Surge in Turnover
Nigeria has recently witnessed a notable increase in foreign exchange (FX) turnover, marking a pivotal moment in the country's economic...
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Resilience in Turbulence; Geregu Power PLC Thrives Amid Economic Uncertainty
"Geregu Power PLC, a company chaired by Mr. Otedola, has reported a pre-tax profit of N30.2 billion for the first...
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Bribery in Nigeria exceeds over ($1.25 BILLION) in the year 2023.
The most common form of corruption that exists is bribery, and fresh statistics released indicate that an estimated amount of...
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Naira traded at N2000/1£ in the parallel market
Recently, Nigeria's foreign reserves have shown significant growth, reaching $35 billion as of July 8, 2024. However, despite this increase,...
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Olubunmi Kuku made history as the first female Managing Director of the Federal Airports Authority of Nigeria (FAAN)
Olubunmi Kuku made history as the first female Managing Director of the Federal Airports Authority of Nigeria (FAAN). With over...
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Nigeria’s Debt Burden Hits Historic Milestone, Challenges Economic Resilience
Nigeria reached a significant economic milestone last week as its debt-to-GDP ratio exceeded 50% for the first time in history,...
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Coronation Merchant Bank records 62% growth in gross earnings in 2023
Lagos, June 21, 2024. Coronation Merchant Bank Ltd. on Friday said that its gross earnings grew to N61.6 billion for...
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