OPay Introduces N50 Charge on Transfers in Compliance with FIRS Regulations
OPay, has announced the introduction of a new charge on electronic transfers into personal and business accounts, set to take effect from September 9,...
Lagos’s Green Line Railway: A Game-Changer for Public Transport
China Harbour Engineering Co. has agreed to build a 68-kilometer railway in Lagos, Nigeria's bustling commercial center known for its severe traffic congestion. The project aims to alleviate the...
Nigerian Professionals In Diaspora Urge NNPCL Debt Restructuring For Fuel Supply Stability
The Nigerian Professionals in Diaspora (NPID) has called for the urgent restructuring of the Nigerian National Petroleum Company Limited’s (NNPCL) debt profile to help...
Nigeria’s Private Sector To Benefit From €1.43 Billion Syndication
The Bank of Industry (BOI) has successfully raised €1.43 billion through a global loan syndication, marking a significant milestone for the development finance institution....
Dangote Refinery to Set Petrol Prices Starting October — Report
Starting in October, the Dangote Petroleum Refinery will play a key role in determining the price of petrol in Nigeria, according to a Bloomberg...
Nigeria’s Naira Hits 6-Month Low Against the US Dollar
The Nigerian naira has fallen to its lowest value in six months, trading at N1,625.88 to the US dollar on the official NAFEM market....
NIPOST Targets N10 Billion Revenue and Improved Services
The Nigerian Postal Service (NIPOST) has announced an ambitious plan to generate N10 billion in revenue in 2024, a significant increase from its previous...
Nepal’s Billionaire Noodle King: Binod Chaudhary
Binod Chaudhary, the founder of the popular Wai Wai noodle brand, has emerged as Nepal's richest man and the country's sole billionaire. With an...
United Capital Trustees Appoints New Managing Director
United Capital Trustees has announced the appointment of Michael Abiodun Thomas as its new Managing Director and Chief Executive Officer. This change comes after...
China, Nigeria Strengthen Ties To Revive Local Currency Swap
Nigeria and the People's Republic of China have reaffirmed their commitment to enhancing flexible and diverse regional monetary and financial cooperation, such as local...