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Federal Reserve Chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cut interest rates following a series of surprisingly high inflation readings. Powell pointed to...

In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre. While rolling out the...

Monetary tightening by the Central Bank of Nigeria (CBN) is restricting lenders from extending credit to support an ailing economy even as the regulator...

Nigeria’s enormous Dangote refinery posted videos on social media platform X of it loading a ship and trucks with diesel fuel. One of the videos...

…achieves 40% CAGR in profit over past four years Transcorp Power a major Nigerian power producer expects its annual revenues to surge to over N500...

The five largest banks in Africa’s most populous nation have enjoyed easy money as they made money from investment in securities such as government...

It’s increasingly becoming worrisome that Nigerian big banks have written off bad loans with impairments, which laid bare the susceptibility of lenders to unfavorable...

Iran launched hundreds of drones directly from its territory against Israel on Saturday night, in a radical change from its usual use of proxies, the...

Guaranty Trust Holding Company (GTCO) PLc is a lender that provides consistent dividend and stable earnings regardless of economic downturn or over all conditions...

Israeli hospitals have been put on a high state of alert by the home command, awaiting an 'imminent' Iranian retaliation attack. Iran has also...