The Nigerian National Petroleum Company Limited (NNPCL) is facing renewed scrutiny after debts owed to the company by its subsidiaries and related entities surged by more...
United States President Donald Trump has said his administration will allow American oil companies to move into Venezuela to exploit its vast crude oil reserves following...
Developing countries, including Nigeria, are facing their worst debt squeeze in at least half a century, with total external debt hitting a record $8.9tn in 2024,...
The Initiates Plc has obtained the approval of the Securities and Exchange Commission (SEC) to extend the period of the Rights Issue. Consequently, trading in the...
One of Nigeria’s leading commercial banks, Fidelity Bank Plc, has announced the completion of the tenure of Mr. Mustafa Chike-Obi as Chairman of its Board of...
The Rivers State Executive Council has approved a ₦1.8 trillion budget proposal for the 2026 fiscal year, tagged the “Budget of Resilience for Growth and Development.”...
Former Labour Party presidential candidate, Peter Obi, has criticised Nigeria’s current taxation approach, warning that no nation can achieve prosperity by imposing heavier tax burdens on...
Nigeria’s banking sector saw a renewed surge in bad loans in 2025 following the Central Bank of Nigeria’s withdrawal of regulatory forbearance introduced during the COVID-19...
The Central Bank of Nigeria (CBN) has ordered financial institutions to start charging senders a ₦50 stamp duty on electronic transfers of N10,000 and above from...
