Browsing: Business & Economy

Temu, the fast-growing global e-commerce powerhouse, has entered into a delivery partnership with Lagos-based logistics startup Dellyman, marking a significant step in Temu’s expansion into the…

The Nigerian currency, the Naira, experienced a significant depreciation yesterday, dropping to ₦1,365 per dollar in the parallel market from ₦1,320 per dollar on Tuesday. The…

The Nigerian naira recorded a gain of 4.49 percent against the dollar in seven days of trading driven by the policy measures of the Central Bank…

Tadenikashe Oriade Ademiluyi (HRM) stands as a dynamic leader and the Chairman of HMTK Allodial Integrated Services, a multifaceted business conglomerate based in Lagos, Nigeria. With…

Companies related to Tony Elumelu closed 2023 as one of the top performers of the year, marking a remarkable year for the billionaire investor.  Combined the…

The naira fell to a new low on Friday, closing at N927.19 per dollar in the official market and N1165 per dollar in the parallel market.   …

Two leading mobile network operators in Nigeria, MTN and Airtel earned N403.2 billion from data service in Q3 2023 as data consumption by Nigerians peaked.   Specifically,…

• Declares Interim Dividend of 50k per share. • Gross Earnings Rises to N981.78 billion. • Bank’s Total Assets Hits N15.38 trillion. • Shareholders’ Funds at…

The Central Bank of Nigeria (CBN) has directed commercial banks to refrain from utilizing their foreign exchange revaluation gains for dividends and operational expenditures. The Editor Nigeria gathered that…

The Department of State Services, DSS has arrested and detained the Deputy Governor of the Central Bank of Nigeria in charge of Financial System Stability, Aisha…