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Forbes 2023 Index: Dangote Still Africa’s Richest for 12th Consecutive Year

For the 12th year consecutively, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged the richest man in Africa, despite economic...

NGX Suspends Trading in C&I Leasing, Presco, Ardova, Others

The Nigeria Exchange Group (NGX) has suspended trading activities of seven companies due to a default in filing their Audited Financial Statements for the...

Nigeria’s Capital Importation Falls by 28 percent to $1.13bn in Q1 2023

Capital importation into Nigeria dropped by 28 per cent to $1.13 billion in the first quarter of 2023, the National Bureau of Statistics report...

Ecobank Moves to Seize Otudeko’s First Bank Shares over N13.5bn Debt

Ecobank, a West African financial services group, is pursuing the acquisition of shares recently acquired by Nigerian tycoon Oba Otudeko in FBN Holdings due to...

NNPC to Destroy Holab Maritime Vessel With 800,000 Litres of Stolen Crude

Nigeria's state-owned oil firm NNPC Ltd said on Monday an 800,000-litre (211,338-U.S. gallon) vessel registered to Holab Maritime Services Limited, carrying stolen crude had...

President Tinubu Names Twenty Personal Assistants

President Bola Tinubu has appointed twenty new personal assistants, just three weeks after he made the last set of appointments. President Tinubu appointed new aides...

Meta Plans New Feed On Threads App

Meta is looking to add an alternative home feed, of only posts, in chronological order on Threads app, from the people each individual user...

Standard Chartered Forecasts Bitcoin Price To Reach $120,000

Standard Chartered on Monday said the value of Bitcoin could reach $50,000 in 2023 and $120,000 by the end of 2024. Standard Chartered published a...

Meta Records Over 100 Million Users On Threads App In Five Days

Meta's latest Threads app, the social media app aimed at rivalling Twitter, has signed up more than 100 million users in less than five...

Nigeria’s Growth Prospects Improve for Second Half of 2023

Nigeria’s GDP growth prospects for the second half of 2023, have improved with the oil and non-oil sector expected to rebound due to a...

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