Compliance with oil production cuts by the Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ stood at 117 per cent in November, up from 116 per

Electric-car maker Tesla Inc’s Chief Executive Officer Elon Musk said on Sunday on Twitter that he will pay more than $11 billion in taxes this year. Earlier this week, Democratic

The Federation Accounts Allocation Committee (FAAC) has shared a total of N675.946 billion to the federal government, states, and local government councils as the Federation Account revenue for November, as

The Debt Management Office (DMO) has clarified that loans from China to Nigeria, which presently stood at $3.59billion were largely concessional as no national asset was tagged as collateral. The

Tesla Inc) was hit by a lawsuit over CEO Elon Musk’s social media posts including his Twitter poll on stock sales that pulled down its stock prices. Tesla investor David

In what is evidently a battle for the control of FBN Holdings (FBNH), Remi Babalola on Friday resigned as Chairman, Board of Directors of the company, two days after FBNH

Canada announced on Friday the lifting of a ban on foreign travellers from Nigeria and nine other African countries. The country also re-imposed testing, warning that the Omicron variant of

The Board of Directors of the African Development Bank has approved a loan of $170 million to finance digital and creative enterprises program in Nigeria. The investment in Digital Program

Nigeria’s federal government will next month make public the real owners of oil, gas and mining assets in the country through a National Beneficial Ownership (NBO) register. The data to

The World Bank on Thursday announced its approval of a $700 million credit from its International Development Association (IDA) for the Nigeria Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) Project. The

Nigeria’s state governors have resolved to ask the federal government to put the process of privatiaing 10 National Integrated Power Projects (NIPPs) across the country on hold till further notice.

The U.S. government put investment and export restrictions on dozens of Chinese companies on Thursday, including top drone maker DJI, accusing them of complicity in the oppression of China’s Uyghur

Nigeria’s Debt Management Office (DMO) has offered a 10-year N250bn road Sukuk instrument at a rental rate of 12.8 percent per annum, payable half-yearly. According to a statement by the

The Chairman of Geregu Energy Group and billionaire businessman, Mr. Femi Otedola has debunked speculations that he is interested in holding any board position in FBN Holdings, First Bank or

The Consumer Price Index, (CPI) which measures inflation dropped to 15.40 per cent (year-on-year) in November 2021, compared to the 15.99 per cent recorded in the preceding month, the National

Apple Inc is delaying its return to office plans indefinitely, Bloomberg News reported, while the company said it has temporarily closed three stores in the U.S. and Canada after a rise

Africa’s leading payments technology company Flutterwave, has announced Grammy Award-winning international artist, Ayodeji Balogun, popularly known as Wizkid, as its Global Brand Ambassador. The company also announced the launch of

The African Development Bank’s (AfDB) board has offered Nigeria a $210 million facility to co-finance Phase 1 of the Nigeria Special Agro-Industrial Processing Zone Program (SPAIZ). The initiative is expected

Nigeria’s total public debt rose by N2.54 trillion, from N35.465 trillion at the end of the second quarter of 2021, to N38.005 trillion ($92.626 billion) at the end of the