Business

Airtel Africa, a multinational telecommunications company, has surpassed Dangote Cement to become the most capitalised company listed on the Nigerian Exchange Limited (NGX). For the…

Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revoked marginal oil fields awarded to 33 companies for their default on payment of signature bonus with the 45…

Ghana secured $7.33 billion dollars in revenue since it started commercial oil production in 2011, the 2021 Semi-Annual Report of Petroleum Funds has revealed. Of the earnings, $6.02 billion was obtained from total liftings,…

The house of representatives has asked the Central Bank of Nigeria (CBN) to suspend the implementation of the recently launched electronic invoice (e-invoice) for all import…

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria has not spent dollars to import cement in the last seven years. A statement from the CBN said he spoke at the inauguration of the new BUA…

The Central Bank of Nigeria (CBN) has appealed to cement manufacturers to consider reducing the high cost of cement. The CBN Governor, Godwin Emefiele, made the call at the official…

Tesla rode rising demand for electric vehicles to a record $5.5 billion profit in 2021 as it managed through a range of supply chain issues. Elon Musk’s company, which scored an 87 percent jump in auto deliveries last year in…

Oil prices rose on Wednesday to $90 a barrel for the first time since 2014 — amid rising tensions between Russia and Ukraine. Over the past months, oil prices have continued to surge amid increasing demand for the commodity.…

Airfare across the country has crashed making air travel affordable to middle class after it went beyond their reach during the yuletide season. LEADERSHIP had reported in December…

The ripples effect of the recent listing of BUA Foods PLC on the Nigerian exchange has continued to be felt internationally as it has reflected in Forbes placement of Nigerian…

The value of transactions through Point of Sale (PoS) terminals in the country rose to N18.10trillion between 2017 and 2021, latest data released by the Nigeria Interbank…

Gender is associated with both psychological and demographic factors when it comes to crypto investment, new academic research revealed. A new study has shed light on the differences between men and women in different aspects…

Truck owners under the aegis of the Council of Maritime Transport Unions and Associations (COMTUA) have threatened to sue the acting managing director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko, over alleged…

In a move to expand its digital presence in the face of technology-driven banking options, Standard Chartered Bank announced the closure of 50 per cent of its branches in Nigeria. NCHETACHI CHUKWUAJAH, in this report, examines…

Although the Asset Management Company of Nigeria (AMCON) cited the indebtedness of Ibadan Electricity Distribution Company’s core investors, Integrated Energy Distribution and Marketing Limited (IEDM), to Polaris Bank as the…

Members of the Artisan Fishermen Association of Nigeria, Niger Delta chapter, have urged the Shell Petroleum Development Company to immediately pay them the $3.4bn fine imposed on it by the National Oil Spill Detection and…

The Eko Electricity Distribution Company (EKEDC) has announced the appointment of Oritsedere Otubu as its new Chairman, to consolidate on its N11 billion monthly revenue. Otubu…

Aliko Dangote recorded a boost of as much as $1.3 billion in his fortune in the year to January 21, a period that was a blessing to investment for shareholders of his cement firm, Dangote Cement…

On the 28th of September, 2021, the Afreximbank in conjunction with the African Continental Free Trade Area (AfCFTA) secretariat officially made the Pan-African Payment and…

President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa. He said these…

Leading African financial institution, Fidelity Bank PLC, has announced the second set of millionaires in its Get Alert in Millions Season 5 promo (GAIM 5) which held recently in Victoria Island,…

Alhaji Aliko Dangote, President of Dangote Group, says the Dangote Refinery and Fertiliser projects will come on stream before the end of third quarter of this year. He said this when Dr. Akinwumi Adesina, President of the…

Strong indications emerged that the resumed negotiations between lawyers representing the Ibadan Electricity Distribution Company (IBEDC) and the Asset Management Corporation of Nigeria (AMCON) have put paid to the attempted…

The value of the cryptocurrency market stood at $1.61 trillion on Saturday, representing 11.8 percent decline over the last day, according to data on CoinMarketCap. The…