Nigeria’s tier 1 lender, Guaranty Trust Bank (GTBank), says it has obtained an approval-in-principle from the Central Bank of Nigeria (CBN) to commence a formal process of restructuring to a

Japan’s fourth largest automaker Suzuki Motors, has forecast operating profit to fall by a quarter to $1.5 billion in the year to March as sales, in its key Indian market,

The Labour party has urged the UK trade secretary, Liz Truss, to end delays over rollover deals with Kenya and Ghana to prevent them being slapped with high tariffs when

Asian stocks were mostly higher on Thursday as investors continued to wait for the result of the United States presidential election. The Japanese benchmark Nikkei 225 closed up by 1.7%,

Dangote Group has announced that refined petroleum products from its 650,000 per day refinery under construction will hit the market by the last quarter of next year. Also, products from

Nigeria’s federal government will Thursday sign an agreement with Transcorp Consortium, the preferred bidder of Afam Power Plant, with a bid sum of N105 billion (about $272m). The Director-General of

Financial executives worldwide are waiting for a clear winner in the US election after President Donald Trump without evidence claimed foul play in the fight for the White House, stoking

China said on Tuesday reduced imports of Australian products like wine, coal and sugar were the result of buyers’ own decisions, after media said Beijing had told importers to stop

•Disburses N50bn intervention funds Fidelity Bank Plc sustained its impressive financial performance with a strong third quarter results for the year 2020 released on the Nigerian Stock Exchange (NSE). Details

Australia’s central bank on Tuesday cut its benchmark interest rate by 0.15 of a percentage point to a record low 0.10% in a bid to lift the economy from a

Dangote Sugar Refinery (DSR) Plc has grown its profit after tax for the nine months ended September 30, 2020, by 81 per cent, thereby   giving shareholders reason to salivate ahead

The World Bank has predicted that inflow of Diaspora remittance to Nigeria will drop by $2 billion in 2020 to $21.7 billion as against the $23.8 billion the country recorded

China’s foreign ministry on Monday said Customs put import restrictions on Australian timber and some seafood due to safety concerns amid continued trade tensions between the two nations. During a

South African pharmaceutical company Aspen Pharmacare said on Monday it had entered into a preliminary agreement with Johnson & Johnson to commercially manufacture its COVID-19 vaccine candidate. Aspen said it

China’s manufacturing sector activity expanded for the sixth straight month in October as business confidence continues to grow in the World’s most populous country. According to a private sector survey,

Emirates has announced an increase to its four times a week service to Lagos to a daily flight from November 1. The expanded schedule of daily services offers enhanced connectivity

Investors in the Nigerian equity market gained N1.934 trillion (about $5bn) in October as the market recorded its best monthly gain since 2018, following the continued inflow of funds searching

Amazon is withdrawing advertising for pre-Black Friday discounts in France, after the government said the campaign was unfair to small shops at time when a coronavirus lockdown has forced them

The African Development Bank Group has approved an emergency assistance relief package of $440,000 to fund ongoing humanitarian and emergency relief efforts in areas recently hit by floods in South

The Radisson Hotel Group recently announced that its five Nigerian outlets have successfully completed the SGS Disinfection Monitored and Cleaning Checked mark by SGS, the world’s leading inspection, verification, testing