Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation, the result of monetary policies that have pushed the currency to an all-time low against the dollar. The situation […]
Nigeria’s prominent commercial financial institution, Acess Bank, has named an interim Chief Executive Officer (CEO), Bolaji Agbede, following the tragic demise of Herbert Wigwe, who lost his life in a tragic helicopter accident last Friday, […]
Officials investigating a helicopter crash in the California desert that killed Nigerian banker Herbert Wigwe said conditions at the time of the accident late Friday night “suggest rain and a wintry mix.” Access Bank, Nigeria’s […]
Herbert Wigwe, the Group Chief Executive Officer (CEO) of Nigeria’s Access Bank, one of the country’s largest, has been named among six people who were killed in a helicopter crash in Southern California on Friday, […]
The Minister of Art, Culture and the Creative Economy, Hannatu Musawa, is set to roll out a $617 million IDICE Fund in collaboration with the African Development Bank (AfDB). At a high-level meeting in Abuja […]
Nigeria plans to offer investors at least a 75% stake in a proposed solid minerals corporation, a minister said on Tuesday, as lawmakers draft legislation to create the new state-backed firm to wean the West […]
Nigeria’s naira dropped to a record low against the dollar on the official market on Tuesday, FMDQ Exchange data showed on Wednesday, slipping below rates on the unofficial parallel market in intra-day trades. The naira […]
In what has been termed a significant milestone in the advancement of Nigeria’s domestic gas industry and the generation of gas revenues, Temile Development Company Ltd, a key indigenous player in the oil and gas […]
Following years of delays, the Nigerian billionaire has opened the Dangote Petroleum Refinery — Africa’s largest oil refinery and “one of the world’s largest oil refineries,” Business Insider reports. Located in Lekki, Nigeria, near Lagos, the $19 billion […]
Jan 19, 2024 — The Central Bank of Nigeria (CBN) has slated its next interest rate meeting for February, the first since last July, according to a schedule released on Friday. In a statement published […]
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