British beverage giant Twining’s Ovaltine is investing £24 million ($30 million) to build its first African manufacturing plant in Lagos, set to generate over...
The Chairman of Zinox Group and Africa’s foremost digital disruptor, Leo Stan Ekeh, has expressed gratitude to President Bola Ahmed Tinubu, and former President...
Nigerian digital bank Kuda Technologies has laid off staff across departments in a restructuring push, despite reporting stronger finances. Hundreds were notified via a...
Expedier, a Canada-based fintech company, has launched “Expedier for Business”, a pro-banking online platform designed to help companies manage global cross-border payments, multi-currency transactions,...
National Bureau of Statistics (NBS) has revealed that 58 percent of households in Nigeria are connected to the national grid. This finding was shared...
A new bill has been proposed in Nigeria that will require individuals engaged in banking, insurance, stock-broking, or other financial services to provide a...
National Bureau of Statistics (NBS) has reported a significant year-on-year (YoY) decline in the distribution of Premium Motor Spirit (PMS), commonly known as petrol,...
Guinness Nigeria Plc has announced the sale of Diageo’s shareholding in Guinness Nigeria to Tolaram has now been completed, making the latter the new...
Securities and Exchange Commission (SEC) has warned individuals and entities engaged in illegal fund management activities, cautioning them to desist immediately or face severe...
Nigeria’s local currency, the naira, has been ranked among the 10 worst-performing currencies in the world, according to a report by Bloomberg. The report...