The Debt Management Office (DMO) has revealed the rationale behind appointing Stanbic IBTC as the government’s official stockbroker, citing its strong reputation, extensive financial services, and deep market reach. Speaking at a virtual meeting in [Read More!]
Nigeria’s power crisis is worsening as rampant gas flaring continues to deprive the country of a staggering 4,100 gigawatt-hours (GWh) of electricity, exacerbating an already fragile energy sector. The country’s power-generating companies (GenCos) are struggling [Read More!]
The Federal Government has initiated talks with the Saudi Fund for Development (SFD) to secure investments aimed at transforming Nigeria’s infrastructure landscape. During a high-level meeting in Abuja, Minister of Finance and Coordinating Minister of [Read More!]
The Lagos State Signage and Advertisement Agency (LASAA) has distanced itself from the recent collapse of a giant billboard in Surulere, Lagos, which caused injuries and damage to properties. In response to the incident, LASAA [Read More!]
The world’s richest young minds aren’t just inheriting fortunes—they’re influencing industries, investing in the future, and redefining wealth. While many of them have gained their billionaire status through family empires, others are taking active roles [Read More!]
Nigeria’s money supply surged by 18.3% year-on-year (YoY) to reach N110.97 trillion in January 2025, up from N93.77 trillion in January 2024, driven largely by increased savings in investment instruments. According to the latest Money [Read More!]
In a stunning display of business acumen and philanthropy, Africa’s richest man, Aliko Dangote, made a staggering profit of over N30 billion in just a few hours after donating a whopping N8 billion at the [Read More!]
In a move that has sparked intense debate and discussion, the Federal Government of Nigeria has announced that it will not fix the price of crude oil. This decision has far-reaching implications for the country’s [Read More!]
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