Former President Olusegun Obasanjo criticises Tinubu’s economic reforms at the 2026 FT Africa Summit in London, linking naira devaluation to rising poverty.
The naira weakened against the dollar, pound sterling and euro at the official market on Wednesday, while interbank foreign exchange turnover surged by 110%.
American rapper Jay-Z has become the world's wealthiest rapper with about $2.5 billion in net worth as Nigerian singer, Davido's album grosses one million.
First bank of Nigeria has reacted to a court case by the federal government against its managing director, four others on accusations of forgery, other crime.
UBA has announced significant growth in its revenue for 2022, with its chairman, Tony Elumelu, who just celebrated his 60th birthday, set to get massive reward.
First bank of Nigeria has announced name changes for its subsidiaries across Africa and the United Kingdom as it move to align its brand to parent company.
Nigerian top billionaires Aliko Dangote, Abdulsamad Rabiu, and Mike Adenuga's wealth are multiplying thanks to the impressive performance of their companies
There are about 28 black billionaires in the world, led by Africa's richest man, Aliko Dangote, who has maintained the position for over 12 years in a row.
Elon Musk is leading the call for a pause in artificial intelligence development and wants developers to pause amid competition to build a more powerful AI.
Zenith Bank has announced significant growth in its revenue for 2022, with founder Jim Ovia poised to receive over N14 billion as rewards for his investement.
The Central Bank of Nigeria has set a new rule for banks looking to expand and upgrade its offering as Zenith, Access others transition to holding companies.
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