Category: Business

Tinubu,US Adisor explores areas of economic and strategic cooperation

President Tinubu with US envoy,Massad Boulous President Bola Ahmed Tinubu received a State Department representative from President Donald J. Trump’s...

Nigeria’s gas sector attracts over $5bn in investments

  Gas   The Nigerian Gas Association (NGA) says the gas sector has attracted more than five billion dollars in new investments as at 2024.   Mr Akachukwu...

Fitch Upgrades Nigeria’s Rating On Policy Reforms

    Fitch Ratings has upgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating to ‘B’, from ‘B-‘ with a stable outlook. According to the...

Crude Oil Reserves Hit 37bn Barrels, Gas Soars To 210.54TCF – NUPRC

  The Nigerian Upstream Petroleum Regulatory Commission has declared the country’s official petroleum reserves position, revealing a staggering 37.28 billion...

China imposes 125% Tariffs On U.S. Goods

    In a retaliatory move,China said Friday it would raise tariffs on US goods to 125 percent but would ignore further levies by President Donald Trump because...

Sterling Bank removes bank transfer fees

  In a bold move that resets the rules of engagement in the Nigerian banking sector, Sterling Bank has removed transfer fees on its digital banking platform,...

Founder of Diamond Bank, Dozie dies @85

  Nigerian businessman and founder of Diamond Bank, Pascal Dozie, has died at the age of 85. The Imo-born entrepreneur reportedly passed away on Tuesday. Dozie, a...

Stock market declines by N659bn

  The stock market opened the week on a negative note, with performance indices showing mixed results. Specifically, the Nigerian Exchange Ltd. (NGX) market...

Fejiro Empowers Young Nigerians with Blockchain & Web3 Skills; New Batch Begins April 28*

Hanu Ejiro A leading Nigerian technology innovator, Hanu Fejiro has launched a free training programme focused on cryptocurrency — blockchain, and decentralised...

Yuan weakens to 7.1980 against dollar

  Dollar The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 91 pips to 7.1980 against the dollar on Monday. This is according to the...