FBN Holdings Plc (FBNH) has launched a significant capital raise, offering nearly six billion new shares in a rights issue aimed at strengthening its flagship subsidiary, First Bank of Nigeria

By Okafor Joseph At the recent IMF/World Bank Annual Meetings in Washington, D.C., the World Bank underscored the critical role of electricity in advancing Nigeria’s productivity and industrialization. Ndame Diop,

By Rita UzuhOctober 22, 2024 Spotify has announced a price hike for its Premium Individual subscription, increasing the monthly fee from N900 to N1,300, effective November 2024. The music streaming

By Rita UzuhOctober 22, 2024 The International Monetary Fund (IMF) has lowered its growth projections for sub-Saharan Africa (SSA) in 2024, citing Nigeria’s weaker-than-expected economic activity in the first half

By Rita UzuhOctober 22, 2024 In a strategic move to strengthen capital reserves, five early-bird Nigerian banks have collectively raised N1.27 trillion on the Nigerian Stock Exchange as the race

Lagos, Nigeria- October 18, 2024: As part of its ongoing commitment to continually empower the Nigerian media and enable it play the critical watchdog role in the society, Polaris Bank

By Rita UZuhOctober 17, 2024 Meta, the parent company of Instagram, Facebook, and WhatsApp, has intensified its efforts against online scammers, particularly those known as “Yahoo Boys,” by deleting 1,600

By Okafor Joseph AfamOctober 16, 2024 Bread prices have surged sharply across Nigeria, a reflection of the elevated inflation levels that are eroding citizens’ incomes. According to the National Bureau

By Okafor Joseph AfamOctober 16, 2024 The World Bank has projected that Nigeria’s revenue-to-GDP ratio could rise to 10.5 percent by the close of 2024, driven by a significant increase