Nigeria’s new $19 billion Dangote oil refinery has received 1 million barrels of oil from state-owned oil company NNPC Ltd, its second crude cargo this month,...
The All-Share Index (ASI) dropped by 0.49 percent at the close of trading on Thursday. This represented a 350.7 basis points drop in the ASI to...
The Nigeria Inter-Bank Settlement System has asked banks to delist Payment Solution Service Providers (PSSP), Switches and Super Agents from its outward payment or transfer list....
Bloomberg, on Tuesday announced that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited, the premier West African bank, has adopted it’s...
The Central Bank of Nigeria has directed a “Post no Debit” restriction on all bank accounts without a Bank Verification Number and National Identification Number effective...
The Federal government has intervened over the increasing price of Liquefied Petroleum Gas (LPG), with the Minister of Petroleum (Gas), Ekperikpe Ekpo, urging International Oil Companies...
… to import 2.1 million metric tons of rice in 2024 Nigeria is projected to import 2.1 million metric tons of rice in 2024, which may...
Morgan Stanley Capital International, a provider of benchmark indexes and multi-portfolio analysis tools, has announced the reclassification of MSCI Nigeria indexes from Frontier Markets to Standalone...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to commence a Fraud Awareness Week – an initiative aimed at empowering customers with knowledge...
For the second year in a row, Africa’s leading digital financial services provider, Moniepoint Inc, has announced its listing in the sixth annual CB Insights’ Fintech...
