Finance

SCOA Nigeria Plc, a company vast in the distribution, assembly, and servicing of motor vehicles, has reported a post-tax profit...

The Tesla CEO is no stranger to rockiness, but dropping below $300 billion in net worth for the first time...

The naira crashed to N1,612.24/$1 on Monday in the official market, a 2.89% decline from its last close of N1,567.02/$1....

Though there's been global market instability, triggered in part by current U.S. tariffs, the Japanese tech investment firm is pressing...

Nigeria's local currency - naira - came under significant pressure in March 2025, weakening in response to sustained demand in...

The Central Bank of Nigeria deployed approximately $669 million in foreign exchange (FX) interventions during the first quarter of 2025....

International Breweries Plc has reported a post-tax deficit of N113.6 billion for the 2024 financial year, a 62.2% increase from...

DAAR Communications Plc, the parent company of Africa Independent Television (AIT) and Raypower FM, has announced a post-tax deficit of...

The Nigerian government has engaged the World Bank for a $10.5 million loan aimed at enhancing the technical capacity of...

The naira depreciated by 1.39% to ₦1,552.53/$1 on Thursday, down from ₦1,531.25/$1 on Wednesday. Last week, the currency ended on...

…If Sterling truly commits to this model, it could disrupt traditional banking

The recovery in the Nigerian private sector gathered strength in March, with output, new orders and employment all increasing to...

The naira appreciated by 0.36% to N1,531.25/$1 on Wednesday, from N1,536.82/$1 the last trading session. During the trading session, the...

Sterling Bank announced that it will stop charging transfer fees and ATM card Issuance will also be free. The bank...

Awaiting regulatory approval, the goal is to tap into the increasing flow of trade and investment between Africa and the...