Spotlight

The FG has said that Addax Petroleum's oil mining license revocation and reversal will not affect Nigeria's relations with China.

Reps raise alarm over N200 billion unclaimed dividends in 2020, the Capital market, Lamido Yuguda assumes duty as new DG of Security and Exchange Commission, SEC promise to intensify monitoring, surveillance of market operators

Existing crowdfunding companies must register with SEC before June 30 – SEC

by William Ukpe

SEC has ordered all companies offering crowdfunding services to register with it on or before June 30 or stop operations.

Cryptos

Store of value: Why Ethereum could soon overtake Bitcoin

by Olumide Adesina

Goldman Sachs, the world's leading investment bank, recently revealed that Ethereum (ETH) will likely beat Bitcoin (BTC) as a store...

How five Nigerian tech-startups are tackling COVID-19 outbreak

Spotlight

Nigeria has the most startups in Africa but ranks low due to its challenging environment – fDi

by Janet John

Nigeria has the highest number of tech startups with many of them operating within the fintech sector but the country...

Food security threatened as Benue, and Kogi communities submerged

Consumer Goods

Traders lament low sales as prices of flour, pepper, others surge

by Research Team

Nigerians have been hit with a further hike in the prices of food items such as flour, groundnut oil, pepper,...

Currencies

Naira crashes to N495/$1 at black market as external reserve loses about $1 billion in 6 weeks

by Chike Olisah

The Naira hit an almost three-and-a-half-year low, as it depreciated at the parallel market, closing at N495/$1 on Thursday, May...

Lagos kick starts cash for work programme for vulnerable people, businesses

Lagos says it attracted $26.07 billion investments in last 2 years

by Chike Olisah

The Lagos State Government has disclosed that it attracted $26.07 billion in investments within the last 2 years.

Bank of Canada quickens up its digital currency launch

Cryptos

Canadian Central Bank does not currently see a reason for issuing digital currency

by Ajibola Akamo

The Canadian Central Bank has in time past, outlined some risks related to a state digital currency.

Update: President Buhari appoints Farouk Yahaya as new Chief of Army Staff

by Chike Olisah

President Buhari has today appointed Major General Farouk Yahaya as the new Chief of Army Staff (COAS)

Oil price bearish as Iranian supply worries investors

by Ajibola Akamo