Browsing: Business & Economy

The International Air Transport Association (IATA) recently unveiled its comprehensive analysis of the air passenger market for November 2023, showcasing a robust recovery globally. However, the…

Optimera Energy LFZ Enterprise (“Optimera Energy”), one of Nigeria’s leading integrated energy solutions providers, has flagged off the construction of infrastructure at the Lagos Free Zone…

Financial analysts at Meristem Research have said that they expect a likely upgrade in reclassification of the Nigerian capital market in 2024 by the two major…

Polaris Bank, acquired by Strategic Capital Investment Limited (SCIL) in 2022 for N50 billion, has had a ‘checkered’ history characterized by a series of financial woes…

Social media company, X, is planning to roll out a peer-to-peer payment system on the platform this year as part of moves by the billionaire owner,…

As part of a list of short-term investment options, Money Market funds are a popular choice for investors seeking stability and liquidity. They typically offer higher…

The Nigerian National Petroleum Company Limited (NNPCL) has announced its highest profit in 45 years, recording N2.548 trillion for the year 2022. The national oil company,…

The Nigerian Railway Corporation (NRC) earmarks N600 million for constructing police stations along its standard gauge corridors.   The post NRC seeks N600 million to build…

The Central Bank of Nigeria (CBN) has officially dissolved the Board and Management of three prominent banks — Union Bank, Keystone Bank, and Polaris Bank. The…

Forex turnover grew by 148.95% to $242.60 million as the Naira gained marginally against the dollar on Wednesday, 10th January 2024 at the official market to…