Afreximbank, MobiHealth sign agreement to drive digital healthcare solutions across Africa

May 21, 2024. Azonuchechi Chukwu. The African Export-Import Bank (Afreximbank) and...

Measles: Adamawa records 838 cases, 49 death–official

May 21, 2024. Azonuchechi Chukwu. Adamawa Government said it had recorded...

UBA to enhance customer experience via Innovations and digital transformation

May 21, 2024. Azonuchechi Chukwu. Group Managing Director/Chief Executive, United Bank...

‘I Made $900 Million While I Sleep’ – BBNaija Ka3na

May 21, 2024. Azonuchechi Chukwu. Big Brother Naija reality star, Ka3na...

Foreign Policy

Today: Browse our editor's hand picked articles!

Taiwan-Nigeria Trade Halved to $500M in 2023, Down from $1B in 2021

The Chief of Mission to the Taiwanese Government in...

Swedish Government Agrees to Return Stolen Nigeria’s Benin Artefacts Despite Controversies

  Amidst ongoing controversies, the Swedish government has decided to...

Funeral for Daniel Anjorin Announced as Family Plans to Relocate After Tragic Killing

The funeral for 14-year-old Daniel Anjorin, who was fatally...

Economists attribute Nigeria’s 28-year high inflation rate of 33.69% to collapse of security infrastructure

Nigeria's consumer price inflation (CPI) surged to a 28-year high of 33.69% in April 2024, marking the sixteenth consecutive month of acceleration. The increase, up...

The BigRead

Editorial: It’s Time to Prioritize Nigeria’s Workers’ Livelihoods Over Pilgrimage Subsidies

  As Nigeria grapples with an escalating cost of living...

IMF-Endorsed Reforms Damaging Nigeria’s Productive Economic Sovereignty

The recent stance of Nigeria's central bank governor, Olayemi...

How Google lost ground in the AI race

The Silicon Valley group has stumbled in the rollout...

“NERC’s Tariff Hike: Balancing Electricity Subsidy and Affordable Electricity for All Nigerians”

The recent decision by the Nigerian Electricity Regulatory Commission...

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Consumer + Price

The Nigerian Economy

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Markets + Investing
Markets & Investing

Nigerian Market Closes Higher, All Share Index Advances By 0.05%

May 21, 2024. Azonuchechi Chukwu. The Nigerian stocks market on Monday...

Stock Market dips by 0.03% as 24 stocks shed weight

May 18, 2024. Azonuchechi Chukwu. Market capitalisation on the Nigerian Exchange...

Equity Market Rebounds N467bn, All Share Index Advances by 0.84%

May 17, 2024. Azonuchechi Chukwu. The Nigerian Exchange Ltd. (NGX) on...

Stock Market Extends Down Trend, All Share Index Drops By 0.13%

May 16, 2024. Azonuchechi Chukwu. Nigerian stock market on Wednesday extended...

Stock Market Closes Lower By 0.24%, Sheds N133bn

May 15, 2024. Azonuchechi Chukwu. Transactions on the floor of the...

Stock market dips by 0.53% as 24 stocks shed weight

May 14, 2024. Azonuchechi Chukwu. The stock market on Monday closed...

Monetary + Fiscal Policy

Naira Appreciates to N1,475/$ In Parallel Market

May 21, 2024. Azonuchechi Chukwu. The Nigerian Naira on Monday appreciated...

Naira appreciates to N1,480/$ in parallel market

May 18, 2024. Azonuchechi Chukwu. The Nigerian Naira on Friday appreciated...

Naira Depreciates To N1,540/$ In Black Market

May 17, 2024. Azonuchechi Chukwu. The Nigerian Naira on Thursday depreciated...

Nigeria’s Central Bank Grapples with Delayed Rate Cuts Amidst Growing Challenges

  Mounting pressure from various fronts, including the resurgence of...

Commodities

Ivory Coast Leads with 2.2 Million Tons of Cocoa Annually, Far Outpacing Nigeria’s 340,163 Tons

**ABUJA, May 17 (Reuters)** - Once the world's leading...

Analysts Warn of Cocoa Market Peak as Prices Flounder

  US cocoa futures relinquished nearly all of their gains...

Wheat Prices Rally to $649.6 per Bushel Amidst Mixed Commodity Market

Global Commodity Prices as of 3:30 PM GMT+1, Friday,...

Cocoa Futures Projected to Surpass $15,000 a Ton as vory Coast and Ghana Output Declines

Cocoa prices have seen a remarkable surge this year,...

Oil + Renewable

Dangote Refinery’s LSSR Cargo Reaches Europe, Discharges 90,000 Tons in Rotterdam

Dangote Exports Nearly 620,000 Tons of Fuel Oil to the US Since February Price Premium for Dangote's LSSR Narrows to $5 per Barrel...

Companies + Finance
Companies & Markets

Airtel Africa Completes $550 Million Bond Repayment

May 21, 2024. Azonuchechi Chukwu. Telecommunications and mobile money services provider, Airtel Africa, has revealed that its subsidiary, Bharti Airtel International (Netherlands) B.V., has repaid in...

Again, TAJBank Wins Best Islamic Bank Award

May 20, 2024. Azonuchechi Chukwu. TAJBank Limited, Nigeria’s fastest-growing non-interest banking...

Shareholders Support MRS Oil Nigeria’s Delisting from Nigerian Exchange

Several shareholders of MRS Oil Nigeria Plc have expressed...

Cadbury Nigeria Converts N7.04bn Loan to Equity, Lists Additional 402 Million Shares

Cadbury Nigeria Plc has successfully converted an intercompany loan...

Seplat Energy Reports $1.93 Million Q1 Loss Amid Revenue Drop and Higher Taxes

Seplat Energy Plc’s unaudited Q1 2024 results revealed a...

Stanbic IBTC Shareholders Approve N400 Billion Debt and N150 Billion Equity Capital Raise

At the 12th Annual General Meeting of Stanbic IBTC...

Shareholders of Seplat Energy approve 15 cents per share dividend

May 17, 2024. Azonuchechi Chukwu. Seplat Energy Plc’s shareholders have approved...

Jumia Reports 52% YoY Increase in Q1 2024 JumiaPay Transactions, Reaching 2.0 Million

Jumia Technologies AG unveiled its financial results for the...

FBN Holding Plc sets May 30 deadline for FY’2023 and Q1’2024 reports

May 16, 2024. Azonuchechi Chukwu. FBN Holding Plc has said that...

Bharti Airtel’s Fourth-Quarter Revenue Falls Short Due to Nigeria’s Currency Devaluation

Nigeria's Bharti Airtel, an Indian telecom giant, announced lower-than-expected...

Business News

I Need 35 Visas To Travel Within Africa- Dangote

May 20, 2024. Azonuchechi Chukwu. Africa’s richest billionaire, Aliko Dangote, has...

CBN Withdraws Circular On Cybersecurity Levy

May 20, 2024. Azonuchechi Chukwu. The Central Bank of Nigeria (CBN)...

NDDC To Launch 92 Infrastructure Projects Worth N84bn In Five States

May 20, 2024. Azonuchechi Chukwu. The Niger Delta Development Commission (NDDC)...

ICAN, NGX honour Dangote Cement for excellence in corporate reporting

Dangote Cement has been honoured with the top prize...

Nigeria gets UN approval for new maritime territory five times the size of Lagos

May 15, 2024. Azonuchechi Chukwu. Nigeria has received approval from the...

CEO+Conversation

Green+ Environment

Politics + Govt

State of The Nation

Fire Outbreak Kills One In Anambra Seminary School

May 20, 2024. Azonuchechi Chukwu. Fire broke out at the Bishop...

Two Persons Killed, 7 Abducted In Ebonyi Communal Clash

May 20, 2024. Azonuchechi Chukwu. Two persons were killed while seven...

Olubadan-Designate Oba Owolabi Olakulehin Declares Readiness to Assume Throne

The Olubadan-designate, Oba Owolabi Olakulehin, has announced his readiness...

Several Trapped As Building Collapses In Minna

May 18, 2024. Azonuchechi Chukwu. Several people have been trapped as...

Security + Safety

Religion + Faith