Business News
Heirs Holdings (HH) an affiliate of Transnational Corporation of Nigeria Plc (Transcorp) has acquired 45 per cent participating interest in Nigerian oil licence OML 17 from Shell Petroleum, Total and […]
Just a handful of weeks after overtaking Microsoft co-founder Bill Gates as the second-wealthiest person alive, Tesla and SpaceX CEO Elon Musk has quickly caught up to and, as of […]
Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira […]
No fewer than 43 ships laden with various goods are currently stuck in Lagos waters as congestion stalls operations at Nigeria’s busiest ports, the TinCan Island Port and Apapa Port […]
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have been shut down. The Nigeria Deposit Insurance Corporation (NDIC) has […]
The naira on Tuesday traded at N472 to a dollar at the parallel market as foreign exchange scarcity persisted. The exchange rate was N440/$ in the parallel market in June, […]
An independent panel of experts, headed by former Irish president Mary Robinson, has cleared the beleaguered leader of the African Bank of Development (AfDB) of corruption, according to a report […]
The African Union has disqualified Dr Ngozi Okonjo-Iweala from vying for the office of the Director General of the World Trade Organisation, SaharaReporters has exclusively gathered. In July 2019, the […]
The Bureau of the Board of Governors of African Development Bank (AfDB), on Thursday, foreclosed the possibility of reopening the probe of the bank’s President, Dr Akinwumi Adesina. At a […]
Nigeria is heading towards recession according to Finance Minister, Zainab Ahmed. However, Ahmed projected that the extent of the recession can be mitigated if the economic stimulus plans are implemented. […]
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