NairaDay

In a notable financial development, the amount of currency held outside banks, known as CoB (Currency Outside Banks), experienced a substantial month-on-month increase of N90 billion or 4.09 percent, reaching...

In a remarkable display of corporate social responsibility, NOVA Merchant Bank has undertaken a Pediatric Surgical Intervention program as a vital component of its 2023 Environmental, Social, and Governance (ESG)...

In a momentous occasion at the 9th International Forum on African-Caribbean Leadership (IFAL), held on the sidelines of the 78th United Nations General Assembly (UNGA) on September 21, 2023, Mr....

In a recent report titled “How to Prevent a Debt Crisis in Sub-Saharan Africa,” the International Monetary Fund (IMF) has issued a call to action for Nigeria and other nations...

In a recent development, the Cement Producers Association of Nigeria has issued a stark warning that the cost of cement is set to skyrocket from ₦5,000 to ₦9,000 due to...

In a recent update, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed a significant drop in Nigeria’s annual upstream capital expenditure (CAPEX). According to NUPRC’s Chief Executive, Gbenga Komolafe,...

In a recent move, the Nigerian National Petroleum Company Limited (NNPCL) has initiated a significant restructuring of its management, resulting in the retirement of numerous senior management personnel within a...

The Naira experienced a 0.30% decline in value against the US Dollar as the foreign exchange (FX) market resumed trading on Monday after the weekend hiatus. Data sourced from abokifx...

Michael Bloomberg, the founder of Bloomberg LP and Bloomberg Philanthropies, has committed a total investment of $216 million since 2017 to continue efforts aimed at preventing deaths from heart disease....

The Lagos State Government has initiated the removal of shanties along the Blue Rail line, stretching from Orile to Iyana Iba, as part of its efforts to enforce urban development...