Business

Heads of major oil companies say a large-scale fuel crisis has already begun as the blockade of the Strait of Hormuz drags on. Trump administration officials insist the disruptions to the oil market are temporary, but experts at Chevron and ...

The Nigerian Senate has approved President Bola Tinubu’s proposal to secure over $21 billion in external financing to cover the country’s 2025 budget deficit. The request was first submitted to Parliament back in May. According to Senate Appropriations Committee Chairman ...

Bitcoin has surpassed silver in market cap but is still just 1/5 the size of natural gas. The goal is to be the GOAT. No 1.

The harsh reality is that Bitcoin isn’t for everyone, at least not yet.Do you remember the first time that you heard about Bitcoin? It’s likely you had one of three reactions. You either flat-out ignored it, called it a Ponzi ...

For some, this is something Bullish. For others, this may pose a major risk for the Bitcoin revolution, because so many BTC will no longer be usable in P2P for everyday payments. Regardless, this figure should be put into perspective ...

Zenith Bank Plc has denied reports that its Managing Director, Ebenezer Onyeagwu was arrested by the Economic and Financial Crimes Commission (EFCC). In accordance with a record issued by the lender, it noted that the reports of the arrest were ...

The Central Bank of Nigeria (CBN) has officially dissolved the Board and Management of three prominent banks — Union Bank, Keystone Bank, and Polaris Bank. The press release dated January 10, 2024, indicates that action was due to the banks’non-compliance with critical regulatory ...

Sunday Aborisade in Abuja The National Assembly Joint Committee on Steel Development on Thursday passed a resolution to probe the $496m paid by the federal government to an Indian firm that failed to revitalize the Itakpe Iron Ore Company after three ...

Olam Nigeria Limited has paid a huge bail bond of N1billion to secure the release of one of its directors, Prakash Kanth. The payment was made into a special recovery account operated by the State Security Service, SSS. Other top executives ...

The Nigerian stock market witnessed a powerful rebound on Tuesday, as investors welcomed the news headlines of the suspension of the CBN Governor, Mr Godwin Emefiele, by President Bola Tinubu. President Bola Ahmed Tinubu suspended Mr Godwin Emefiele, CFR, last ...