Abuja Graph Markets

25/09/2023

In an ambitious move to foster innovation and enhance the startup ecosystem, the federal government (FG) has announced its plans to collaborate with the

21/09/2023

Amid rising concerns, the Central Bank of Nigeria (CBN) has stirred up a maelstrom of reactions by implementing a pricing verification system at Nigeria's

21/09/2023

Nigerian naira has recently faced significant fluctuation. This past Wednesday, the naira's value against the dollar on the parallel market witnessed a dip,

19/09/2023

Casablanca, Morocco - In a groundbreaking move, a major Chinese EV battery manufacturer has announced plans to team up with an African investment fund to

19/09/2023

Johannesburg – Recent developments indicate a rising challenge for businesses in South Africa, stemming from the nation's power, port, and rail

19/09/2023

The National Industrial Court in Port Harcourt has ordered Guinness Nigeria Plc and three other parties to pay N52.456 million in damages to a disgruntled

15/09/2023

In a move that has garnered significant attention both nationally and internationally, Nigerian President Bola Tinubu has nominated Yemi Cardoso as the new

15/09/2023

In the coming weeks, African central banks are set to convene, with the primary agenda being the continent's monetary policy amidst rising currency risks. The

14/09/2023

In the wake of the COVID-19 pandemic, financial institutions worldwide faced unprecedented challenges. The economic downturn, coupled with the uncertainty of

13/09/2023

In the 2022 Nigerian Gas Flare Commercialization Programme auction procedure, the Nigerian Upstream Petroleum Regulatory Commission said on Wednesday that it

13/09/2023

According to its most recent financial statements for the first half of 2023, the United Bank for Africa (UBA) has demonstrated a remarkable financial

13/09/2023

In a world increasingly aware of the environmental impacts of industrial activities, companies are striving to adopt sustainable practices. Leading the charge

13/09/2023

In a move that has sent shockwaves through the energy industry, Bernard Looney, the Chief Executive Officer of British Petroleum (BP), has abruptly resigned.

12/09/2023

The Dangote Refinery, with a capacity of 650,000 barrels per day, was poised to revolutionize Nigeria's petroleum sector. Its promise was not just in its

11/09/2023

In a turn of events that underscores the complex interplay of economic reforms and market dynamics, Nigeria's premier lender by market value, Zenith Bank Plc,

09/09/2023

As the world's largest commodity trading company looks to grow in the rapidly expanding sector, Glencore intends to boost its exposure to the Democratic

07/09/2023

The global financial landscape is witnessing a significant shift as the US dollar continues its upward trajectory. This rally is posing challenges for major

07/09/2023

As part of a larger initiative to restrict Arctic drilling, the White House revoked contentious oil leases in an Alaskan wildlife reserve granted in the last

07/09/2023

OPEC+ Extends Production Cuts, Oil Prices Soar

Tuesday was the first time in 2023 that oil prices were above $90 per barrel after Saudi Arabia and Russia announced they would continue their

06/09/2023

After a protracted retreat from its US and European operations, Prudential's new CEO indicated that expanding into the continent will be the company's next

05/09/2023

Thor Explorations Bets on Nigeria's Lithium Potential

Thor Explorations is a Canadian mining company that has been exploring for gold and lithium in Burkina Faso since 2006. The company has a large land package

05/09/2023

SYDNEY, AUSTRALIA - In a shocking turn of events, Alan Joyce, the long-standing CEO of Qantas Airways, has announced his early resignation following a major

02/09/2023

The Nigerian Communications Commission (NCC) has fined Globacom N10 million for poor service. The fine is the result of a series of complaints from

02/09/2023

Nigerian telecommunications company Globacom has launched its 4G LTE Advanced network in Lagos, the country's commercial capital. The network is said to be

01/09/2023

Eskom Seeks Approval to Recover $1.3 Billion in Overspending, but Industry Groups Oppose

The largest consumers of electricity in South Africa have resisted a move by state-owned Eskom Holdings SOC Ltd. to recover overspending.

01/09/2023

A senior official from the International Monetary Fund has stated that if South Africa improves its faltering energy and logistics sectors and decreases

01/09/2023

The Chairman of BUA Group, Abdul-Samad Rabiu, has revealed that BUA Cement has concluded plans to reduce the cost of its cement across Nigeria by 10%. The

01/09/2023

The British International Investment (BII) and the Dutch entrepreneurial development bank FMO have provided a $40 million loan to Dashen Bank, one of

01/09/2023

Global Payments Giant Mastercard Invests in Leading African Mobile Money Provider

Mastercard, the global payments giant, has agreed to acquire a minority stake in MTN Group's fintech business, MTN Fintech. The deal values MTN Fintech at