Business
Naira further loses value against dollar
On Monday, the naira depreciated at the official market, trading at N1,690.37 against the dollar. Data from the official trading...
Read moreCBN to penalise banks with empty ATMs, selling ‘mint’ cash to naira hawkers
The Central Bank of Nigeria says it will heavily penalise banks with empty ATMs and those selling ‘mint’ cash to...
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AfDB president seeks major shift in how Africa’s resources are valued
The African Development Bank’s (AfDB) president, Akinwumi Adesina, has called for a major shift in how Africa’s vast natural resources...
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Nigerians mock MultiChoice over announced loss of 243,000 DStv, Gotv subscribers
Subscribers to pay TV services have berated MultiChoice Group for announcing that its Nigerian unit, MultiChoice Nigeria, lost 243,000 subscribers...
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Naira’s value appreciates by 2.6% against dollar
The naira on Wednesday bounced back after three consecutive days of losses and appreciated at the official market, trading at...
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Nigeria’s bourse loses N69 billion as sell-offs hit Oando, Dangote Sugar, Nestle
The Nigerian stock market closed on a bearish note on Tuesday, with a loss of N69 billion, due to sell-offs...
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Bitcoin hits $89,000 days after Trump emerges as U.S. president-elect
Bitcoin continues to surge, hitting $89,000 on Monday, days after Donald Trump was declared the November 5 U.S. presidential election...
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Oil prices fall as Beijing’s latest stimulus disappoints investors
ISTANBUL Oil prices slipped Monday after Beijing's latest stimulus measures disappointed investors hoping for stronger demand growth in the world’s...
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Deregulation not licence to blend off-spec products, jeopardise national interest, Dangote tells Pinnacle Oil
Dangote Petroleum Refinery and Petrochemicals has advised Pinnacle Oil and Gas Limited that deregulation should not be used as a...
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Court orders AMCON takeover of Dapo Abiodun’s Heyden petroleum company over bankruptcy
The Lagos Division of the Federal High Court has ordered an interim takeover of Heyden Petroleum Limited by the Asset...
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