The central parity rate of the Chinese currency renminbi, or the yuan, weakened 44 pips to 6.9158 against the U.S. dollar Monday, according to the China...
The Runway 04/22 at the Nnamdi Azikiwe Airport Abuja (NAIA) which was closed following an emergency landing by an aircraft belonging to Max Air flying from...
There was panic at the Nnamdi Azikiwe International Airport in Abuja on Sunday when a Max Air aircraft crash-landed after the tyre reportedly burst into flames....
Dangote Group has announced the date for the launch of its much-awaited refineries. A letter of invitation circulating on social media indicated that the commissioning would...
The Road Transport Employers’ Association of Nigeria (RTEAN) has asked the Lagos State Government to order state Park and Garage agents, led by Musilu Akinsanya (MC...
The development lender has high hopes for Banga’s leadership during this critical time, especially in improving the organisation’s response to climate change. Banga, who has been...
The Federal Government of Nigeria (FGN) has, on Thursday, launched an international gemstone market, the first of its kind in the country, in Ojoo, Akinyele Local...
Sub-Saharan Africa may lose the most if the world split into “two trading blocs” controlled by China, or the United States and the European Union, the...
The Federal Ministry of Science, technology and innovation in Nigeria has signed a Memorandum Of Understanding for the development of Sciece and Technology Park with Across...
MTN Nigeria is battling with several lawsuits that have amounted to legal claims of over N1.48 billion, the company’s first quarter (Q1) financial result for 2023...
The Nigerian government has banned the importation of used vehicles manufactured more than 12 years ago. Federal authorities issued this directive along with a revised list...
The Securities and Exchange Commission (SEC) has blacklisted six online trading companies in its ongoing bid to sanitise the country’s e-commerce space. In a circular issued...
JP Morgan Chase has taken over the troubled US bank First Republic in a deal brokered by regulators. The Wall Street giant said it would pay...
Zenith Bank generated N269.99 billion in revenue in the first quarter of 2023, growing the turnover by N40.9 per cent year-on-year. This was disclosed in the...
Dollar to naira, on Monday, May 1, 2023, opened at (undisclosed) at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially...
There is palpable tension among the top echelon of the management of Polaris Bank over the huge number of customers demanding to either withdraw their last...
As stakeholders blame FG over neglect of $91trn sector The management of Nigerian Ports Authority (NPA), recently raised the alarm that the Tin-Can Island and the...
Tony Elumelu has confirmed that he bought another 1.99 billion shares in Transnational Corporation (Transcorp), while Otedola stayed silent amid exit reports. TrackNews learnt that Elumelu...
With about a month to the end of his tenure, President Muhammadu Buhari has introduced additional taxes as his parting gift to Nigerians after eight years...
In an apparent move to avert a scenario that played out between Tony Elumelu and Femi Otedola over Transnational Corporation’s ownership, Access Bank Holdings Plc Chairman,...
A customer who visited a commercial bank in Ikeja, Lagos to withdraw N50,000 cash was paid with the old naira notes. The customer noticed that others...
The battle for the ownership of Nigeria’s biggest conglomerate between two of Nigeria’s finest business tycoons, Tony Elumelu and Femi Otedola, has finally come to an...
Electric mass transit buses have been delivered to Oando Clean Energy Limited, a member of the Oando Plc group, for usage in Lagos State. The business...
Femi Otedola has reportedly sold his 2.47 billion shares in Transnational Corporation (Transcorp) to Tony Elumelu, bringing an end to the powerplay between the billionaires. According...
Renowned Activist Senator Shehu Sani has urged President Muhammadu Buhari to reject the proposed naming of the newly built Ebonyi Airport after him. Senator Sani in...
The Federal Government has suspended plans to remove fuel subsidy by June this year. Minister of Finance, Budget and National Planning, Ahmed Zaniab gave the indication...
Customers of Access Holdings plc, Guaranty Trust Holding Plc, and United Bank for Africa Plc (UBA) in Nigeria made a combined total of N7.19 trillion in...
Tokyo-based Ispace said it lost contact with a lander bound for the moon and that the spacecraft likely made a hard landing on the lunar surface,...
The National Industrial Court, Abuja has ordered GTBank to pay the sacked chairman of the Kano State Public Complaints and Anti-Corruption Commission, Muhuyi Rimingado, the sum...
Bayelsa State Governor, Senator Douye Diri, on Tuesday, presented a grant of N200 million to 840 beneficiaries under the government’s Women and Youth Empowerment Programme for...
Nigerian billionaire, Aliko Dangote is reportedly in talks to acquire a 60% stake in French Ligue 2 team Valenciennes FC, for a reported fee of €10...
