By Modupe Gbadeyanka Tech giant, Microsoft, is reportedly planning to shut down its innovation centre in Lagos, known as the African Development Centre (ADC). The reason...
By Adedapo Adesanya The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has affirmed the country’s commitment to break all entry barriers for potential investors ahead of the...
By Adedapo Adesanya Islamic financial institution, Lotus Bank, is seeking a $1 billion facility from the Islamic Development Bank (IsDB) to back its bid to provide funds...
By Dipo Olowookere There is palpable fear in the black market segment of the currency market in Lagos as security officials have resumed clampdown of foreign...
By Aduragbemi Omiyale One of the leading cement makers in Africa, Dangote Cement Plc, has expressed its determination to place a premium on the developmental needs...
By Adedapo Adesanya On Monday, May 6, 2024, the Central Bank of Nigeria (CBN) directed all financial institutions, including commercial banks and others to deduct a...
By Adedapo Adesanya There was a 0.59 per cent loss at the NASD Over-the-Counter (OTC) Securities Exchange on Monday, May 7, triggered by a decline in...
By Adedapo Adesanya The Naira mounted a 3.3 per cent or N46.19 gain on the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on...
By Adedapo Adesanya The oil market rose on Monday as a ceasefire agreement between Hamas and Israel made no progress, leaving the Brent crude grade closing...
By Aduragbemi Omiyale Commercial banks operating in Nigeria have begun to notify their customers of the reintroduction of processing fees on cash deposits for individual and...