The Nigerian currency. the naira has continued to surge against the dollar in the official and parallel markets despite falling crude oil prices and forex reserves.
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Lagos State issues new directive to regularize property titles for house owners
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NLC moves to enforce minimum wage compliance in private sector
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Cooking Gas prices surge by 32.5% in one year, reach all-time high in 2025
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Lagos state declares end of single-use plastic, begins sealing shops as 180-day amnesty ends
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CBN fixes new dollar rate for importers as naira gains Close official and black market gap
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Tinubu projects new naira exchange, inflation rates in 2025 -“time for Lamentation is over”
President Tinubu has shared a message of hope for Nigerians ahead of 2025 at the 2025 budget presentation named ‘Restoration Budget’ on Wednesday, December 15.
IMF releases list of most indebted countries in Africa in 2024 as Nigeria repays some loans
The IMF has released the list of Africa's most indebted countries in 2024, with Egypt leading the pack with $9.45 billion followed by Kenya and others.
UK electricity grid set for 'unprecedented' £35 bn investment
National Grid unveiled Wednesday a massive plan to nearly double the transmission capacity of the UK's electricity grid, boosting the British government's net zero ambitions. The investment will upgrade the existing grid network and pay for new construction projects that will see electricity transmission capacity almost doubled.
Germany criticises UniCredit's 'unfriendly' moves on Commerzbank
Italian bank UniCredit's move to increase its stake in German lender Commerzbank, which further fuelled speculation of a takeover bid, was "uncoordinated and unfriendly", the German government said Wednesday. UniCredit, Italy's second largest bank, said earlier Wednesday it had increased its stake in Commerzbank from 21 percent to around 28 percent.
After long delay, French nuclear plant coming on stream
France's flagship nuclear reactor at Flamanville in Normandy will finally enter service on Friday after a dozen years of delay, operator EDF said Wednesday.
Further hike in UK inflation hits rate cut chance
UK annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week. That would follow a cut by the European Central Bank last week.
Pokemon is back with a hit new gaming app
With over 60 million downloads and an estimated $180 million in revenue since late October, a new Pokemon mobile game app is enjoying worldwide success as the latest incarnation of the hit Nintendo-owned franchise.
Tony Elumelu speaks on plans for proceeds from UBA’s N239.4bn rights issue
UBA Group has said that the net proceeds of its N239.4 billion rights issue will go into acquisition of digital technologies and further business expansions.
From N10bn to N45bn: Senate mandates higher capital requirements for insurance companies
The Senate has passed a bill seeking to increase the capital base of insurance companies in the country while reducing the figures earlier proposed in the bill.
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