As the battle for controlling interest in FBN Holdings Plc deepens, all eyes will be on the company’s share price movement on the Nigerian Exchange Limited (NGX), as the major

Shares in China Evergrande Group and its EV unit rose on Monday as the embattled property developer moved to prioritise growth of its nascent electric vehicles business over its troubled

President Muhammadu Buhari will on Monday formally launch the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira at the State House, Abuja. The unveiling of the much-anticipated electronic

By his acquisition of 1,818,551,625 units of shares of First Bank Holdings Plc (FBNH), amounting to a 5.07 per cent of its total issued capital, the founder and Chairman of

China Evergrande Group has supplied funds to pay interest on a U.S. dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline

Spending by Nigerian residents rose to N54.84 trillion in nominal terms in the first half of 2021, higher than N48.22 trillion recorded in the first half of 2020. The report

Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said Wednesday he’s launching a new media company

The German capital will receive a new “flying” ambassador: Lufthansa is naming its first Boeing 787-9 “Berlin.” The naming ceremony is set to take place following delivery of the aircraft

Plans by governments to extract fossil fuels up to 2030 are incompatible with keeping global temperatures to safe levels, says the UN. The UNEP production gap report says countries will

Facebook Inc has agreed to pay up to $14.25 million to settle civil claims by the U.S. government that the social media company discriminated against American workers and violated federal recruitment

Fidelity Bank Plc has considered raising about $500 million from the international debt capital market, after meeting with investors on Monday. The Leading tier-2 lender eyes the $500million through the

US motor giant Ford has announced on Monday that it intends to spend £230 million ($315 million) transforming a factory in northwest England into a site that will make components

The President/Chairman of Council, The Chartered Institute of Bankers of Nigeria (CIBN), Dr. Bayo Olugbemi, on Monday  expressed the commitment of the Institute to build legacy projects in six institutions

China’s economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and

Founder and CEO of Propetrol Limited, Harry Ebohon, has been slated to receive the Outstanding CEO Award at the Forbes Energy 2021 Best of Africa awards. According to a letter

Bitcoin hit a six-month high on Friday, approaching the record hit in April, as traders became increasingly confident that U.S. regulators would approve the launch of an exchange-traded fund based

Obinna Chima Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, on Thursday lamented that the country spends almost 40 per cent of its scarce foreign exchange (FX) on the

All Nigerian commercial banks have been directed by the Central Bank of Nigeria (CBN) to adopt the exchange rate in the importer and exporter window (I&E) for cross-border payments through

Shares of Chinese real estate firms fell further on Thursday as investors fretted about a debt crisis rippling through developers including China Evergrande Group, a day after the sector was