The naira on Wednesday sustained its upward trend against the United States dollar across both official and parallel foreign exchange markets, reflecting continued currency stability. Latest data released by the …
Business Policies
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Access Bank–Bidvest Bank Deal Collapses over Regulatory Approvals
Access Bank Plc’s proposed acquisition of South Africa’s Bidvest Bank has collapsed following regulatory hurdles, Vanguard has learnt. Although the Nigerian lender had reached an agreement to acquire the South …
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said the country’s net foreign reserves have risen to $49 billion, marking a strong and sustained recovery from …
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Nigeria’s FX market gap widens for first time in three years
Nigeria’s foreign exchange market has recorded a renewed divergence between the official exchange rate and the parallel market, marking the first significant widening of the gap in about three years. …
Africa’s technology ecosystem witnessed a clear strategic shift in 2025, as companies increasingly turned to mergers and acquisitions to drive growth, rather than relying on large funding rounds. Industry data …
Thousands of users of ChatGPT, the artificial intelligence chatbot developed by OpenAI, were left stranded yesterday after the platform experienced a widespread service outage that disrupted conversations and access across …
Unilever Nigeria Plc has reported a 99 per cent jump in profit after tax to N30.7 billion for the financial year ended December 31, 2025, buoyed by strong revenue growth, …
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91% of Nigerian CEOs Optimistic Economy Will Improve in 2026 — PwC Survey
A new survey by PwC Nigeria has revealed rising confidence among business leaders, with 91 per cent of Chief Executive Officers (CEOs) expressing optimism that Nigeria’s economy will improve in …
The Federal Airports Authority of Nigeria, FAAN, will begin the implementation of new air cargo tariffs from February 2, 2026, bringing to an end almost 20 years without an upward …
By a strategic boardroom move seen as strengthening investor confidence, Africa’s foremost industrialist, Aliko Dangote, has appointed Zimbabwean business leader and MTN Group President/CEO, Ralph Mupita, to the board of …