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The police may prosecute Abdulgafar Abiola, a popular comedian known as Cute Abiola, for wearing costumes that bore some semblance to the police uniform. The comedian had uploaded a skit…
For more than 18 months, residents and artisans around Odo-Iya Alaro, Mende, Maryland, Lagos, have been cut off from the rest of the state due to a road construction project…
Airtel Africa Earnings Break over Huge FX Loss Airtel Africa recorded a loss after tax of $151 million in the first quarter of 2024 as a result of the Naira…
T-Bills Spikes to 7.12% as Market Weighs Rate Hike The average yield on Nigerian Treasury bills rose sharply by 281 basis points Thursday following selloffs in the short, belly, and…
NGX Loses N111bn as Alpha Seekers Offload FMCG, Banks Stocks The Nigerian Exchange (NGX) recorded a large daily loss of more than N111 billion Thursday as alpha seekers continued to…
Funding Rates Sink as FAAC Inflow Boosts Liquidity On account of a solid liquidity level in the money market, the short-term benchmark rates slumped sharply Thursday as inflow from the…
Customs MMA Command Generates N38.7bn in 1st Half of 2023 The Murtala Muhammed Area (MMA) Command of the Nigeria Customs Service (NCS) says it generated total revenue of N38.7 billion…
Russia to Supply 50,000 Tons of Grains to African Countries – Putin Russian President, Vladimir Putin, says Russia will supply 50,000 tons of grains to some African countries in the…
Afrixembank Offers $30bn Credit Limit to Africans Willing to Invest in Russia The African Export–Import Bank (Afrixembank) on Thursday in St. Petersburg, Russia, announced a credit limit of 30 billion…
Ecobank Bolsters Performance as Profit Jumps 16% Pan African lender, Ecobank group Plc. has raised the bar on its earnings performance with 16% year-on-year growth in profit after tax. In…