In May, 2023, Union Bank received an offer from its core shareholder, Titan Trust Bank Limited, to acquire the shares of all minority shareholders in Union Bank after the completion

Nigeria’s headline inflation rate has been tipped to hit 30% by December 2023, global financial advisory service firm, Klynveld Peat Marwick Goerdeler (KPMG) has predicted. KPMG in its macroeconomic review

Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will begin to process gasoline

China’s declining growth is set to affect Nigeria’s economic fortune, the International Monetary Fund has disclosed. IMF noted that because China has forged deep economic ties with countries in sub-Saharan

Despite recent moves by the Central Bank of Nigeria to strengthen the foreign exchange market, the naira closed trading on the Investor & Exporter forex window on Thursday at N996.75/$.

Nigerians continue to grapple with a persistent shortage of Liquefied Natural Gas, commonly known as cooking gas, leading to a surge in prices across the nation Nigerians continue to grapple

After days of consecutive strengthening of the naira against the dollar, the Nigerian currency recorded a slight dip against the greenback at both the official and parallel markets at the

Nigeria has lost the sum of N4.3 trillion worth of crude oil in 7,143 pipeline vandalism cases within five years, the federal government has revealed. These startling figures were disclosed

The naira crashed against the dollar on Monday, falling to 1, 030/$ on the average in the parallel market, losing the momentum it gathered last week. This represents a N80