The naira, on Wednesday, appreciated to N1,240 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies an increase of 0.80 percent from
Business
Transnational Corporation (Transcorp) Plc says its revenue rose to N197 billion in the year ended December 31, 2023. According to a recent statement by Transcorp, this represents a 47.3 percent
Nigerian Breweries (NB) Plc says it will raise N600 billion through rights issue to reduce its debt burden. This was disclosed in a statement signed by Uaboi Agbebaku, the company
The Nigeria Customs Service (NCS) says it collected more than N1.3 trillion in revenue in the first quarter of 2024. Adewale Adeniyi, comptroller general of NCS, spoke in Abuja during
The federal government says it has plans to start issuing domestic foreign currency-denominated bonds from the second quarter (Q2) of
Allen Onyema, chief executive officer of Air Peace, says his company has sold out tickets for the Lagos-London flights until
Binance, a cryptocurrency exchange, says Tigran Gambaryan, its head of financial crime compliance, should not be held responsible for its
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff for customers under the Band A classification.
Nigerian commercial banks have set withdrawal limits on their automated teller machines (ATMs), TheCable can report. Findings by TheCable also
The Economic and Financial Crimes Commission (EFCC) will, on Thursday, charge Binance, Tigran Gambaryan and Nadeem Anjarwalla, the company’s senior
