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Nigeria and Venezuela Partner on Gas Development

Veneoranto Petroleum Limited, a Nigerian oil firm, has signed an agreement with Venezuela's state-owned oil company, PDVSA, to develop two natural gas fields in...

Retail Dutch Auction: CBN Excludes Six Banks

The Central Bank of Nigeria (CBN) recently conducted a retail Dutch auction, selling $876.26 million to 26 qualified banks at an exchange rate of...

The Rise of China’s Youngest Billionaire: The Colin Huang Story

At just 44 years old, Colin Huang has claimed the title of China's richest person, surpassing even the bottled water tycoon Zhong Shanshan. This...

7Up Harvard Business School Scholarship: Boluwatife Akinola Named 14th Recipient

Seven-Up Bottling Company (SBC) has proudly announced Boluwatife Akinola as the 14th recipient of its prestigious Harvard Business School (HBS) scholarship. The announcement was...

Zuckerberg Overtakes Arnault In Billionaire Rankings

Meta's founder, Mark Zuckerberg, has ascended to the position of the world's third-richest person, surpassing Bernard Arnault, a prominent figure in the luxury goods...

Nigeria’s Startup Success: Acquires US Business

Nigerian fintech startup Sendsprint has made headlines with its acquisition of Nobel Financial Inc., a US-based global remittance service provider. This strategic move aims...

Naira Strengthens Against The Dollar

The Nigerian currency, the naira, experienced a notable appreciation in both the parallel market and the Nigerian Autonomous Foreign Exchange Market (NAFEM) yesterday. This...

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