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Markets
NGX Borrows N14.5bn to Finance CSCS Stake Purchase
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The Nigeria Exchange Group (NGX) has taken on a term loan which increased its borrowings to the tune of N14.52 billion to help finance an...
Shell Set to Resume Operations in Imo, Says Uzodimma
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Imo Governor Hope Uzodimma has said multi-national oil exploration giant, Shell Petroleum Development Company (SPDC), is set to resume operations after years of exiting...
IDF Launches Gaza op With Multiple Strikes: ‘We Won’t Let Terrorists Set Agenda’
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Israel announced the start of a military operation in the Gaza Strip on Friday afternoon with multiple strikes on targets of the Palestinian Islamic...
Nigeria is in a Deeper Hole Than it Was in 2015 – Sanusi
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His Highness, Sanusi Lamido Sanusi, CON, Mohammadu Sanusi II, the Khalifa of the Tijanniyah Sufi Order of Nigeria, on Thursday, expressed his angst at...
Nigeria Hotels Profit Nearly Doubles to Pre-Pandemic Level
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Gross operating profit for Nigerian listed hotels has nearly doubled when compared to 2019 levels, according to data gathered by MoneyCentral.
The relaxation of the...
Blinken Says China Is Seeking to Change the Status Quo With Taiwan
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U.S. Secretary of State Antony Blinken accused China of seeking to change the status quo in the Taiwan Strait with missile tests and military...
China Sanctions Pelosi Over ‘Provocative’ Visit to Taiwan
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China has decided to sanction U.S. House of Representatives Speaker Nancy Pelosi and her immediate family in response to her "vicious" and "provocative" actions,...
Court Seals up First Bank’s Headquarters in Abuja; Removes Valuables
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The headquarters of First Bank located at the Central Business District, Abuja, had been sealed up by the FCT High Court Enforcement Unit over...
Russia’s Space Agency to Launch Iranian Satellite into Orbit
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Russia will launch an Iranian satellite into space on Tuesday, the Russian space agency Roscosmos announced on Wednesday.
The satellite, named Khayyam, was developed and manufactured at...
White House Orders US Carrier Strike Group To Stay Near Taiwan, Says China ‘Overreacting’
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The United States says it's watching ongoing Chinese military drills around Taiwan very closely, while condemning the latest series of ballistic missiles fired over...