A Federal High court sitting in Kano on Thursday overruled the removal of directors of Oando Plc by the Securities and Exchange Commission (SEC). In the ruling, it stated that

Nigeria’s federal government has announced the conclusion of the bid round for the award of 57 marginal oilfields, won by 161 of the bidding companies. The 161 successful bidders emerged

Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Magazine’s Best Banks Awards 2021, retaining the award for a second consecutive year. The bank

The Central Bank of Nigeria has left its monetary policy rate unchanged at 11.5% during its March 2021 meeting, despite intensifying inflationary pressures, as it tries to prop up an

The Nigerian National Petroleum Corporation (NNPC) on Monday vigorously defended the approval of a whopping $1.5 billion for the rehabilitation of the Port Harcourt refinery, maintaining that apart from following

Turkey’s lira plunged 15 percent to near its all-time low after markets opened following President Tayyip Erdogan’s shock weekend decision to sack a hawkish central bank governor and install a

Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy

The US-Nigeria Investments Summit has announced it will hold a global trade and investment event for 2021 in September. The event will hold in New York, United States. The summit

Central Bank of Nigeria Governor Godwin Emefiele on Saturday said the digital economy was crucial in the efforts by the federal government to drive growth over the next few years.

Former Vice President Atiku Abubakar has faulted the $1.5 billion vote by the federal government to rehabilitate the Port Harcourt Refinery, describing the cost as prohibitive and suspicious. According to

The Financial Derivatives Company (FDC) has warned that the rising crude oil prices, which could go above $100 per barrel, may sway the federal government to jettison its economic reform

Nigerian fintech startup Kuda has raised $25 million in a Series A round led by Valar Ventures, the firm co-founded and backed by PayPal co-founder Peter Thiel, with Target Global,

The Bank of England voted unanimously to keep its benchmark interest rate on hold at a record low of 0.1 percent and to leave its bond-buying programme unchanged during its

The Federal Reserve foresees the economy accelerating quickly this year yet still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about