The World Bank Country Director for Nigeria, Shubham Chaudhuri, has called on the Nigerian government to consider the opportunity cost of its continued fuel subsidy practice and decide whether to

Seplat Energy Plc is currently in talks to acquire ExxonMobil’s Nigerian shallow-water oilfields. This was discovered by ARISE News in a statement issued by the company on the Nigerian Exchange

As part of efforts to support Nigeria’s Mines and Steel Development sector, the office of the past ruler of Abu Dhabi, United Arab Emirates (UAE), His Royal Highness, Sheikh Hamdan

The recently concluded second Intra-African Trade Fair (IATF 2021) generated a record $42.1 billion in trade and trade-related investment deals, according to the latest tally released yesterday by the IATF

Wall Street stocks closed higher on Monday, regaining some of the ground they lost in Friday’s sell-off, as investors were hopeful that the Omicron coronavirus variant would not lead to

Africa’s leading payments technology company, Flutterwave has announced the launch of its new e-commerce service, Flutterwave Market – an extension of its Flutterwave Store service – that will bring together

Following its launch on October 25, 2021, the eNaira applications have registered almost 600,000 downloads. This was revealed by the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele at

Twitter CEO Jack Dorsey will step down as head of the social media platform he co-founded a decade and a half ago, the company announced on Monday. Board member and

Asian-Pacific stock markets showed signs of stabilising as investors prepared for weeks of uncertainty over whether the Omicron variant could derail the global economic recovery.   Trading was erratic early

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) at the weekend said that it had established a new Domestic Base Price (DBP) framework and applicable gas wholesale price for

The Bi-Courtney Aviation Services Limited (BASL), operator of Murtala Muhammed Domestic Airport Terminal Two, Lagos (MMA2) has assured travellers, stakeholders and other airport users of safety at the parking lot

The Coscharis Group Plc on Sunday announced the sudden death of their Vice President, Mrs. Charity Maduka at her family home in Nnewi, Anambra State. The late Charity Maduka was

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed plans by the apex bank to set up an International Financial Centre at the Eko Atlantic

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has expressed enthusiasm with the Infrastructure Company Limited (InfraCo) slated to commence in two months citing that the

Chinese smartphone giant Xiaomi Corp will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit, authorities in the capital said on Saturday. The plant

The United Arab Emirates, in its latest Coronavirus protocol released on Friday, dropped the Rapid Antigen Test (RDT) for COVID-19 as prerequisite for travelling to the Middle East country for

Former President Olusegun Obasanjo on Friday demanded that Nigeria must commit to generating power from renewable energy and clean carbon-free sources, in order to build a future for the country.

Nigeria’s Senate has threatened to issue warrant of arrest against $10 billion Train 7 project promoters, Saipem and Daewoo, for shortchanging the federal government in the execution of the project.