Business & Finance
NDIC Assures Heritage Bank Depositors of Swift Repayment
Abuja, Nigeria - The Nigerian Deposit Insurance Corporation (NDIC) has moved to allay the fears of depositors of the recently...
Fidelity Bank Shares Experience Significant Decline Amidst Plans for Fresh Equity
Lagos, Nigeria - Fidelity Bank Plc's shares suffered a significant decline of 9.7% to ₦9.75 in Lagos trading, following the...
Nvidia Corp. Achieves Historic Milestone, Surpassing $3 Trillion in Market Capitalization
Nvidia Corp., the world's leading semiconductor manufacturer, has made history by becoming the first computer-chip company to reach a market...
UK Interest Rates Remain Steady Despite Inflation Decrease
London, UK - The Bank of England (BOE) has opted to maintain its key interest rate, despite the UK's inflation...
Russia Overtakes Japan as World’s 4th Largest Economy in PPP Terms: Latest Global Rankings
Russia has overtaken Japan to become the world's fourth-largest economy in purchasing power parity (PPP) terms, according to revised data...
Rand Rises as ANC Scrambles to Patch Up Their Election Blunder
In a slight rebound, South Africa's rand edged higher early Thursday after a previous dip triggered by the African National...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, June 6 2024
As of today, June 6 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
India’s Market Meltdown: Modi’s Underwhelming Win Sparks Investor Panic
Oh, the drama! As I watched the market plummet, I couldn't help but feel a sense of déjà vu. Haven't...
TotalEnergies SE Acquires Gas-Fired Power Plant in UK for £450 Million
London, UK - TotalEnergies SE, a French multinational energy company, has announced the acquisition of a gas-fired power plant in...
Russia’s Oil Revenue Surges 50% in May as Sanctions Adaptation Bears Fruit
Russia's oil revenue has shown a significant increase of almost 50% in May compared to the same period last year,...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, June 5 2024
As of today, June 5 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
CBN Settles N400 Billion Heritage Bank Debt To First Bank
The Central Bank of Nigeria (CBN) has settled the outstanding N400 billion debt owed to First Bank of Nigeria Limited...
Dangote Industries Limited Projected to Exceed $30 Billion by End of 2024
Lagos, Nigeria - Dangote Industries Limited (DIL), the conglomerate founded by African business magnate Aliko Dangote, is poised to surpass...
Huggies Says Goodbye to Nigeria: Kimberly-Clark Corporation Shuts Down Operations
Kimberly-Clark Corporation, the American multinational personal care company, has announced the closure of its Nigerian operations, effective immediately. The decision...
CBN Dismisses Report of Revoking Licenses of Three Banks
The Central Bank of Nigeria (CBN) has refuted reports that it plans to revoke the operating licenses of Unity Bank,...
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