Economy

Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has said that introducing the controversial windfall tax...

Today Wednesday, Disney’s combined streaming businesses of Hulu+ and ESPN+ profit for the first time reportedly rose to $23.2 billion...

Jumia, Africa’s e-commerce group, reported an operating loss of $20.2 million in Q2 2024, marking a 17% decline in revenue....

The Central Bank of Nigeria has approved the framework for the merger between Providus Bank Limited and Unity Bank Plc,...

Olusegun Obasanjo, the former President of Nigeria has highlighted the importance of Aliko Dangote’s refinery investment as an encouragement for...

The Securities and Exchange Commission (SEC) has emphasized the critical role of a recapitalized banking sector in driving Nigeria’s economic...

Uber’s autonomous vehicle (AV) trips grew 6x YoY

Investors reclaimed a measure of calm on Tuesday, after a day of frenzied selling around the world over concerns about...

Interswitch Group’s handshake with ACI Worldwide is significant in many ways, particularly for Africa's payments ecosystem. Truly, the ecosystem has...

The Naira, Monday, depreciated to N1,600 per dollar in the parallel market from N1,590 last weekend. However, the Naira appreciated...

Traders are grappling with technical problems on several big online trading platforms, as global stock markets entered into a rout...

Paul Alaje, the Chief Economist at SPM Professionals, stated that Nigeria loses billions of dollars daily from the ongoing nationwide...

Nigerian Breweries recorded a 73% increase in revenue despite the challenging operating environment characterized by soaring inflation, exchange rate volatility,...

The foreign exchange markets provide both seasoned pros and newcomers avenues for profit, yet also pitfalls that have failed many....

Amid the ongoing debate about increasing the minimum capital for insurance and reinsurance companies, operators have suggested the registration of...