By Kehinde Ogundare Small and medium-sized businesses (SMBs) are the lifeblood of the Nigerian economy. According to figures released last year by the International Labour Organisation...
By Adedapo Adesanya The Nigerian Naira recorded a loss against the US Dollar in the official market, the Nigerian Autonomous Foreign Exchange Market (NAFEM), on Tuesday,...
By Adedapo Adesanya On Tuesday, crude oil traded lower on signs of easing supply concerns, with Brent falling by 17 cents to close at $83.16 per...
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 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 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 The Chief Executive Officer (CEO) of Binance, Mr Richard Teng, has called on the Nigerian government to release Mr Tigran Gambaryan, the head...
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 From May 20, 2024, Nigerians may have to pay a 0.5 per cent cybersecurity levy on electronic transfers as stipulated in the Cybercrime...