Wema Bank says it has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for the allotment of its N40 billion rights issue. Its…

Multichoice Group has revealed that it remitted about N192.09 billion from Nigeria in the financial year ended March 2024. The company disclosed this in its consolidated financial statements released on…

A Mexican billionaire and chairman of Salinas Group, Ricardo Salinas Pliego, has urged his followers to invest in Bitcoin following the depreciation of the naira. The naira’s decline has been…

• Stakeholders say $3 trillion needed for electricity  African countries pushing to harness estimated 625.6 trillion standard cubic feet of natural gas, amid dwindling fossil fuels investment, will need about $245…

Participants at the 2024 African Export-Import Bank (Afreximbank) yearly general meeting, held in Nassau, Bahamas have advocated investment in infrastructure and the creation of stronger institutions to enable Africa to…

A visionary Nigerian entrepreneur, Abiodun Adetu, has spearheaded the successful launch of Naija Market Day in North America. The inaugural event, held at Soul Sanctuary, Manitoba, Canada, marked a significant…

The World Bank has announced the approval of $2.25 billion in financial and technical support for Nigeria. The facility is in two folds: $1.5 billion for the Nigeria Reforms for…

The Nigerian National Petroleum Company Limited (NNPCL) on Thursday demanded a special court to halt crude oil theft in Nigeria. The national oil company is also asking for a speedy…