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...
China Pledges to Boost Investment in Nigeria
China has promised to encourage its top companies to invest in Nigeria, following a meeting between President Xi Jinping and Nigerian President Bola Tinubu...
Eight Nigerian Stocks Achieve Impressive Year-To-Date Gains In August 2024
As of August 2024, eight Nigerian stocks have shown remarkable performance by achieving triple-digit Year-to-Date (YtD) gains, despite the broader market's fluctuations. These stocks...
Rahmah Aderinoye: Transforming Nigeria’s Agriculture with Rashak Farms
Rahmah Aderinoye, the co-founder and CEO of Rashak Farms, is leading a remarkable transformation in Nigeria’s agricultural sector. In an exclusive interview with Business...
Otedola Congratulates Dangote on $20bn Refinery, Marks End of Nigeria’s Fuel Dependence
Billionaire businessman Femi Otedola has extended his congratulations to his friend and fellow entrepreneur, Aliko Dangote, on the successful launch of the $20 billion...
Nigerian Banks and Fintechs Face Rising Fraud and Cybersecurity Threats
Nigeria's financial sector is experiencing a surge in cybercrime and fraud, posing significant risks to banks, fintechs, and customers. Despite investments in cybersecurity infrastructure,...