Nigeria’s inflation surges to 27-year high
Nigeria's inflation crisis reached a fever pitch in December 2023, soaring to a staggering 28.9%, the highest level in 27 years.
This surge, revealed by...
Profit-taking halts Nigerian stock eight-day gain
After eight consecutive days of gains, Nigerian stocks tumbled 1.4% on Wednesday, with investors cashing in on profits from the banking sector, according to...
CBN sacks leadership of three banks sold under Emefiele
In a major shakeup of the banking sector, the Central Bank of Nigeria (CBN) has dismissed the boards of directors of four banks: Union...
UK’s Sky Sports secures rights to show all 52 AFCON games
UK pay-TV giant Sky Sports says it has secured the rights to broadcast every match of the 2023 Africa Cup of Nations (AFCON), the...
Nigeria’s The Guardian appoints Alex-Ibru as chief executive
Lagos-based The Guardian newspaper has named Toke Alex-Ibru as its new chief executive officer.
The appointment comes as the paper’s longstanding editor-in-chief and managing director...