Billionaire entrepreneur Femi Otedola has praised Nigeria's wealthiest individual, Aliko Dango...
Category: Business
Bill Gates Highlights Nigeria’s Low Tax System on Global Scale
Bill Gates, co-chair of the Bill and Melinda Gates Foundation, has pointed out that Nigeria's ...
CBN Report Reveals Expansion in Nigeria's Economic Activities After 13 Months
The Central Bank of Nigeria (CBN) has released its Purchasing Managers’ Index (PMI) report f...
First set of Trucks at Dangote Refinery’s Prepared for Petrol Loading
The Dangote Refinery has reached a significant milestone as the first set of trucks is now rea...
Lagos Computer Village Traders Serve Cease and Desist to Folashade Tinubu-Ojo Over Levy Imposition
Traders in the Computer Village, Ikeja, have issued a cease and desist notice to Folashade Tin...
Dangote Refinery Launches Petrol, Promises Quality on Par with U.S. Standards
Aliko Dangote, the billionaire owner of the Lagos-based refinery, celebrated a significant mil...
Elon Musk Seeks Global Remote Workers with a Salary of $270,000
Elon Musk is on the lookout for talent from around the globe to join his team in remote positi...
Nigeria's Petroleum Minister Directs NNPC to Sell Petrol Above Landing Cost to Combat Smuggling
The Minister of State for Petroleum Resources, Heineken Lokpobiri, has instructed the Nigerian...
DIESEL PRICE RISE BY 6.74% AMID DANGOTE REFINERY TAKEOFF
While Nigerians anxiously await the effects of the Dangote Petroleum Refinery on the energy sector, ...
OIL MARKETS BRACE FOR SHIPPING DISRUPTION IN SOUTHERN RED SEA
In reaction to Israel's assault in Gaza, Houthi militants have been bombing merchant vessels i...
INTERCONNECT DEBT: OPERATORS FACE MORE SCRUTINY AS MTN, GLO REACH AGREEMENT
Licence holders in the telecoms sector will be held more responsible for all of their actions moving...
WHY ARE SO MANY COMPANIES 'RIGHTSIZING'?
Hundreds of software companies laid off employees throughout the last two years as the l...
AFREXIMBANK, UBA ANNOUNCE $2.25B DISBURSEMENT UNDER SYNDICATED $3.3B CRUDE OIL PREPAYMENT FACILITY
The Nigerian National Petroleum Company Limited (NNPCL) is the sponsor of a syndicated US$3.3 ...
TINUBU’S QUEST FOR GUINNESS WORLD RECORDS “MISPLACED VENTURE,” SAYS EX-APC SPOKESPERSON
Timi Frank, a former Deputy National Publicity Secretary of the All Progressives Congress (APC), res...
Tinubu govt will work with governors to harness solid mineral resources – Minister
The Federal Government, under the administration of President Bola Tinubu, will collabor...
I’m not the president who gives excuses, Nigerians shouldn’t be poor
To ensure that Nigerians are lifted out of poverty, President Bola Tinubu has pled...
Nationwide blackout as Nigeria’s electricity grid collapses again
After the national grid system, which is run by the Transmission Company of Nigeri...
CHINESE ELECTRIC CARS WILL REDUCE UK EMISSIONS BUT WHAT ABOUT RIVALS HERE?
The UK is facing a dilemma: should it fight the rising imports of Chinese electric cars ...
CHEVRON REITERATES COMMITMENT TO TACKLING OIL THEFT
Chevron Nigeria Limited (CNL) has restated its commitment to tackling oil theft, faulting an o...
PAKISTAN FUEL PRICES HIT HISTORIC HIGHS OF RS 330 PER LITRE AFTER ANOTHER HIKE
This week, the Pakistan government announced that it would be hiking fuel prices yet again, ta...
THE NEW CBN GOVERNOR AND WHAT HIS APPOINTMENT MEANS FOR THE MARKETS
President Bola Ahmed Tinubu has nominated Dr. Olayemi Michael Cardoso to serve as Governor of ...
APPLE TO UPDATE IPHONE 12 IN FRANCE OVER RADIATION
Apple will update its iPhone 12 in France after fears about radiation, the country's digital m...
ABCON SEEKS MERGER, CONSOLIDATION OF BDCS
The Association of Bureaux De Change Operators of Nigeria (ABCON) is seeking the merger and co...
ARM: UK CHIP DESIGNER IN $54.5BN MARKET RETURN
Arm Holdings, a UK-based chip designer, has received a valuation of $54.5 billion (£43.6 bi...
MTN GETS ADDITIONAL 2.6GHZ SPECTRUM TO DEEPEN SERVICES
The Nigerian Communications Commission (NCC) has authorized the technology company MTN Nigeria...
IPHONE 15: APPLE FORCED TO DITCH LIGHTNING CHARGER
After the EU mandated the change, Apple has announced that the new iPhone would not include it...
NIGERIA TO GAIN $10.3B FROM TRADE AGREEMENT, TARIFF ELIMINATION ON IT PRODUCTS
ITIF advises nations to use ICT to boost their economy.When the Information Technology Agreeme...
CBN’S TOP OFFICIALS ON TIGHTROPE AS SPECIAL INVESTIGATION PEAKS
For deputy governors of the Central Bank of Nigeria (CBN), including the Acting Governor...
CHINA POLICE DETAIN STAFF AT EVERGRANDE WEALTH UNIT
Staff of embattled property developer Evergrande's wealth management unit have been deta...
NIGERIA WILL EXHIBIT ITS INVESTMENT POTENTIAL DURING A FAIR FOR 500 INVESTORS.
In an effort to attract more foreign investment, Nigeria will host more than 500 investo...
IMF URGES AGREEMENT TO INCREASE RESOURCE QUOTA AND SUPPORT GLOBAL ECONOMY
Before the year is over, it is crucial to enhance the IMF's quota resources, according t...
UAE lifts visa ban on Nigerian travellers after President Tinubu’s intervention
An historic agreement was reached between President Bola Ahmed Tinubu and President Moha...
Tinubu to meet UAE leaders over visa, diplomatic row today
Festus Keyamo, the minister for aviation and aerospace management, had rushe...
GOOGLE TRIAL: US TAKES ON TECH GIANT IN LANDMARK CASE
A crackdown in the US to weaken the power of American internet titans appeared imminent ...
INSURANCE INDEX LOSES 2.9 PER CENT AS INVESTORS STAKE N45.5 BILLION IN EQUITIES
With a loss of 2.9% at the close of last week's trading on the stocks market of the Nige...
BMW INVESTMENT SECURES FUTURE OF MINI FACTORIES
BMW, a leading manufacturer of automobiles in Germany, is anticipated to reveal plans to inves...
ABCON SEEKS CBN’S SUPPORT FOR DIGITAL TRANSITION
The Association of Bureaux de Change Operators of Nigeria (ABCON) has urged the Central ...
TINUBU: NIGERIA PREPARED TO TAKE CENTER STAGE AT G20
On Saturday in New Delhi, India, President Bola Tinubu affirmed Nigeria's determination ...
CHINA CALLS ON THE G20 TO STEADFASTLY PURSUE ECONOMIC GLOBALIZATION AND URGES UNITY AND COOPERATION
On Saturday, Chinese Premier Li Qiang emphasized the need for unity among the G20 participants...
G20 ADDS THE AFRICAN UNION AS A PERMANENT MEMBER.
The announcement by Indian Prime Minister Narendra Modi on Saturday that the African Uni...
U.S. TREASURY SECRETARY YELLEN IS PREPARED TO COLLABORATE WITH INDIA TO SUCCESSFULLY PRODUCE A COMMUNIQUÉ.
Despite recognizing that it would be difficult, Treasury Secretary Janet Yellen said on Friday...
AS THE ECONOMY STRUGGLES, CHINA'S EXPORTS DECLINE ONCE MORE.
For the fourth consecutive month, China's exports have decreased as the "world's factory...
AT APAPA AND TIN CAN PORTS, 6,000 CARGOES HAVE BEEN ABANDONED SINCE 2011
Adegboyega Oyetola, minister of marine and blue economy, estimated that since 2011, 6,00...
IN NIGERIA, FINTECHS RAISE $2.7 BILLION, BUT 20% OF BUSINESSES CLOSE THEIR DOORS.
Nigerian and other African financial technology (fintech) startups have raised over $2.7...
TOYOTA CLAIMS THAT A SERVER ISSUE CAUSED THE PLANT TO SHUT DOWN LAST WEEK.
All of Toyota Motor's Japanese assembly plants were shut down for roughly a day last wee...
CHINA IS LAUNCHING A NEW $40 BILLION STATE FUND TO SUPPORT THE CHIP SECTOR.
According to two people with knowledge of the situation, China is getting ready to launc...
NLC STARTS A WARNING STRIKE OVER THE ELIMINATION OF FUEL SUBSIDIES.
The Nigeria Labour Congress (NLC), in opposition to the withdrawal of the government's f...
NLC Shuns FG, Begins Strike Today
To prevent the two-day warning strike that organised labour will start today, the ...
Apapa port shut, commuters stranded as warning strike begins in Lagos
The Nigeria Labour Congress (NLC) has started a two-day warning strike, and as its...
THE CHINESE ECONOMY'S "MIRACLE" WAS PARTIALLY A FANTASY. NEXT, A REALITY CHECK.
The boldest of Chinese President Xi Jinping's reform proposals, which were introduced te...
EMEFIELE'S EXPORTERS' SCHEME, NAIRA-4-DOLLAR, GULPS N155 BILLION
According to information from the Central Bank of Nigeria's annual report, the CBN spent...
Sanwo-Olu Joins Passengers For Inaugural Ride of Lagos Blue Rail.
The Lagos state Blue Line rail system has just begun operations.Ba...
SARAH MARTINS SLAMS EX-BESTIE JUDY AUSTIN: "PAY ME MY N1M, YOU CAN'T OWE ME & BLOCK ME"
Nollywood actress Sarah Martins criticized Judy Austin after she unfollowed and blocked her o...
THE BLOCK OPTION WILL BE DELETED AS AN OPTION ON X APP - ELON MUSK.
Elon Musk, the prominent billionaire and proprietor of the social media platform X, form...
Kano Govt Suspends School Fees Increase For Private Schools
The Kano State Government has mandated the suspension of school fees increase for all private school...
TO ADDRESS A FAULT THAT MIGHT RESULT IN A LOSS OF STEERING CONTROL, NISSAN IS RECALLING MORE THAN 236,000 VEHICLES.
Nissan is voluntarily recalling over 236,000 compact cars in the US because the front suspensi...
NIGERIA'S FOREIGN EXCHANGE RESERVES DECLINE BY 8.3% DURING 7 MONTHS.
Nigeria's foreign exchange reserves might have continued to be under stress because they...
MARK CUBAN DECIDED ON MAKING AN EARLY UBER INVESTMENT; TODAY, HIS $250,000 WOULD BE WORTH $2.3 BILLION. 'WHOOPS'
Even multi-billionaires feel bad about missing up on investment possibilities that ended up be...
TINUBU USES GAS TO BOOST THE ECONOMY OF NIGERIA.
On Friday, President Bola Ahmed Tinubu reaffirmed his administration's unwavering commit...
JAPAN EXPERIENCES LONG-AWAITED 2% GROWTH IN SERVICE PRICE GROWTH IN JULY, REACHING 30-YEAR MILESTONE.
For the first time in 30 years, the price increase of services in Japan reached 2% in July. Th...
DOLLARS CAN BE EARNED FROM FIVE AGRICULTURAL PRODUCTSÂ IN NIGERIA.
The dollar is making many people and businesses in Nigeria think about Davido's popular ...
Drama As Suspended CBN Governor Dodges Camera In Court
Emefiele, who has been held by the Department of State Services (DSS) since his de...
BITCOIN DROPS TO ITS LOWEST LEVEL IN ALMOST TWO MONTHS AS INFLATION WORRIES ARE RAISED BY FED MINUTES.
On Thursday, investors struggled with resurgent fears about the U.S. economy, which put ...
MARKETS TURN AROUND AS TINUBU REFORMS LOSE TRACTION
With indications that the 71-year-old may begin rolling back some of the dramatic policy...
"Enjoyment Allowance" Is Part Of Running Cost - NASS Management
The National Assembly Management on Tuesday reacted to the contentious “enjoyment allowanceâ...
No Hike In PMS —Tinubu Declares
The presidency on Tuesday declared that there will be no increase in petroleum product prices despit...
THE POOR IN NIGERIA ARE UNABLE TO BREATHE DUE TO THE INFLATION
As a result of the increasing cost of everything from food to petrol to rent, Nigeria's ...
UK INFLATION SLOWS IN JULY, WHILE CORE PRICES AND SERVICE PRICES CLIMB.
According to data released on Wednesday, although there were further indications of pres...
ONE OF THE FIRST PLACES IN THE WORLD TO ADOPT STABLECOIN CRYPTO REGULATION IS SINGAPORE.
Singapore's financial regulator announced on Tuesday that stablecoin laws have been appr...
NEITI EXECUTIVE SECRETARY: “NIGERIA NEEDS $20 BILLION ANNUALLY FOR GAS EXPANSIONâ€.
Dr. Orji Ogbonnaya, the Executive Secretary of the Nigeria Extractive Industries Transpa...
CSOs seek better handling of Bawa’s suspension, detention
Yesterday, a coalition of CSOs called for openness in the processing of Abdu...
AMAZON RESPONDS TO COMPLAINTS BY RELEASING SOME SELLER FUNDS
Amazon had Daniel Moore's $230,000 frozen, and he said that even after the money w...
ALLEGED 16 BILLION DOLLAR CARS FOR NIGERIAN MINISTERS RAISE CONTROVERSY
FG accused of being insensitive Critics, claim that cutting the expense of government is...
Imo State Gets 12 Million Dollar Grant From SFTAS On Gov. Uzodinma’s Transparency.
The State Fiscal Transparency, Accountability, And Sustainability (SFTAS) has awarded Imo State the ...
Subsidy removal: Kill Corruption, Not Nigerians, Bakare Tells President Tinubu
The senior Pastor of the Citadel Global Community Church, Pastor Tunde...
FCMB OFFERS N10 MILLION IN CLEAN ENERGY LOANS TO INDIVIDUALS AND SMALL BUSINESSES
Through the First City Monument Bank (FCMB) Energy Finance Loan, Nigerian homes an...
Job Buying: Reps Issue Arrest Warrant On Ex-FCC, IPPIS Desk Officer
The House of Representatives Ad hoc Committee probing Ministries, Departments and Agencies (MDAs), P...
Tinubu Vows To ‘Promote Prosperity, Not Poverty’ As Oyedele-Led Tax Committee Inaugurated In Abuja
President Bola Tinubu launched the Presidential Committee on Fiscal Policy a...
TWITTER INTRODUCED A NEW INNOVATION TO PAY CONTENT CREATORS VIA ADS.
X, formerly known as Twitter, has ignited a wave of excitement among users with its grou...
N400bn Subsidy Savings: President Tinubu Sued For Not Releasing Spending Details
The Socio-Economic Rights and Accountability Project (SERAP) has filed a law...
Economy: Tinubu To Share N50,000 To 1,3000 Business Owners
Among many things said yesterday by President Bola Tinubu during the evening broadcast, one thing th...
FG, Labour To Determine New Minimum Wage For Workers, Says Tinubu
[07:06, 01/08/2023] Adie Patrick : President Bola Tinubu says the federal government an...
I'll Ask Microfinance Banks To Give You Loans, Be Patient -Tinubu To Nigerian Youth
President Bola Ahmed Tinubu says he understands the hardships that Nigerians are going through at th...
DSS Plans To Re-arrest Emefiele – Lawyers Raise Alarm
Lawyers for suspended Central Bank of Nigeria Governor Godwin Emefiele have ...
Sanwo-Olu Urges Nurses To Adapt Technology For Better Services
The Governor of Lagos State Babajide Sanwo-Olu has insisted that nurses in N...
Subsidy Removal: No Plans To Increase Telecom Tariff – NCC
The Nigerian Communications Commission (NCC) has stated that there are no in...
Autogas Nigeria Is On A Mission To Alleviate Fuel Price Woes
Autolady Engineering Technology Limited, through its subsidiary Autogas Nige...
FIRS Records 5 Trillion Naira in Tax Revenue In Six Months
The Federal Inland Revenue Service (FIRS) says it generated N5.5 trillion as tax revenue in the firs...
Fuel Subsidy: President Tinubu Establishes Infrastructure Support Fund For States
President Bola Tinubu has approved the establishment of an Infrastructure Support ...
Dangote Trains S/West Journalists In Digital Reporting Skills
On Wednesday, Dangote Industries Limited began training 50 journalists from ...
Palliative: Financial expert warns Tinubu against sharing N8,000 to poor Nigerians
Gbenga Adeoye, a financial expert, has requested President Bola Tinubu to ha...
TWITTER'S FINANCIAL WOES BECOME DEEPENED WITH 50% IN ADVERTISING REVENUE.
Twitter's financial woes continue to deepen, as owner Elon Musk revealed that the social...
NNPCL Further Increases Fuel Pump Price To N617 Per Litre
The Nigerian National Petroleum Company Limited (NNPCL) has further increased the pump prices of Pet...
EMIRATE SWIFT ACTION OF ARREST TO A PROVOCATIVE LAVISH OF WEALTH ON SOCIAL MEDIA BY AN ASIAN MAN.
The United Arab Emirates has taken swift action in response to a viral video that ca...
THE THREAD APP SETS A NEW RECORD OF USERS THAT SUPERSEDE OTHER DIGITAL PLATFORMS.
The launch of the Threads app by Instagram has taken the digital world by storm, attract...
Fuel Subsidy: Tinubu Writes Reps, seeks Approval of N500 Billion for palliatives
President Bola Tinubu has asked the House of Representatives to approve N500...
Tony Elumelu Meets King Charles III, Joe Biden at World Leaders Forum
Tony Elumelu, Billionaire businessman, has met with United Kingdom’s ...
Court Orders FG To Account For Abacha Loot Recovered Since 1999
In a judgement presided over by James Omotosho, in a federal high court in Abuja has ordered that th...
Just In: Tinubu Sets up Committee On Tax Reforms, Names Taiwo Oyedele As Chairman
President Tinubu has approved the formation of a presidential economic polic...
ICPC Arraigns Director At Accountant-General Office Over Employment Scam
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has arraigned...
Subsidy Removal: FG Urged To Provide Free Education, Direct Loans To Farmers
Amobi Ferdinand Nwigwe, a legal practitioner, has asked the federal governme...
The Biden administration is filing an appeal against the ban on social media contacts.
The Biden administration has filed an appeal against a federal judge's ruling that restricts certain...
International Breweries recorded a gross profit of N43.7 billion.
During its 46th annual general meeting held in Lagos, International Breweries Plc, a company special...
Germany has allocated €10 million to the New Partnership for Africa's Development Infrastructure Project Preparation Facility (NEPAD-IPPF) in an effort to enhance infrastructure development across Africa.
The announcement was made on Wednesday that the NEPAD-Infrastructure Project Preparation Facility (N...
An official has stated that the Ondo State aims to showcase its capacity and attract investors during the 2023 Economic Summit.
During a press conference in Akure, the Ondo State Government revealed that the upcoming economic su...
According to the Nigerian Communications Commission (NCC), the number of 5G subscriptions has reached 60,000, while investments in the telecommunications sector have amounted to $76 billion.
During an interactive session with stakeholders in the communications media sector in Lagos, Umar Da...
The Central Bank of Nigeria's unresolved backlog of foreign exchange is causing investors to delay their actions.
The Central Bank of Nigeria (CBN) is facing significant challenges with its unsettled foreign exchan...
The intense global competition for talent is fueling an increase in the trend of people leaving their home countries, known as the "japa" wave.
The global competition for talent is expected to increase the outflow of Nigerian professionals, as ...
The Federal Government's significant 241% increase in the recurrent budget reveals an excessively large and inefficient bureaucracy.
The federal government has experienced a staggering 241% increase in its budget for personnel expens...
Bolt aims to prioritize safety by introducing an audio trip recording feature.
Bolt, the on-demand mobility platform in Africa, is enhancing safety by introducing a new feature th...
The Federal Competition and Consumer Protection Commission (FCCPC) criticizes AMMBAN over its increased charges for point of sale (PoS) transactions.
The recent hike in unified price-fixing on point of sale (PoS) charges by the Association of Mobile ...
Instagram Threads achieves 10 million signups within a mere seven-hour window.
Instagram's rival to Twitter, Threads, has amassed an astonishing 10 million users in just its first...
Fuel Subsidy: Zulum Releases 80 Luxurious Buses, Pick-up Vans To Farmers
The Borno State Governor, Babagana Umara Zulum, on Tuesday, released 80 buses and ...
President Tinubu To Reduce Importation Of Medical Drugs From 60% to 40%
President Bola Tinubu’s led administration moves to reduce the importation of medical drugs i...
FG Saves ₦400b In 4 Weeks As Subsidy Removal Yields Positive Results
In a significant development for Nigeria's downstream oil sector, operators have revealed that the F...
Emefiele challenges his detention by the DSS, claims there is no justification for arrest.
Emefiele opposes his detention by the DSS and argues that there is no valid reason for his arrest.In...
Guide: How to get ready for a depreciation of the naira
Following the lifting of the exchange rate peg by the Central Bank of Nigeria (CBN), the naira has b...
Ex-World Bank President Hails President Tinubu Over Policies To Reduce Corruption, Inflation
Malpass expressed his gratitude for Tinubu's bold actions to end Nigeria's harmful government ...
UPDATED: FG, Labour Fix 8 Weeks For Conclusion Of Subsidy Removal Talks
Following the discussion, the administration and Organized Labour told State House...
How much do you think is the budget for extraction 2 🤔
The budget allocated for Extraction 2 is currently unknown. However, it is worth noting that the fir...
A South African billionaire has become the wealthiest person in Africa, taking over from Aliko Dangote whose wealth decreased by $2.80 billion.
South African billionaire, Johann Rupert, has emerged as the richest person in Africa, surpassing Ni...
Fuel Subsidy: Anxiety Looms as FG, labour Meet Today
Representatives of the Federal Government and the leadership of the Nigeria Labour...
EXCLUSIVE: DSS RECOVERS 18 BAGS OF CURRENCY, DOCUMENTS FROM EMEFIELE’S LAGOS RESIDENCE
No fewer than 18 Ghana-must-go bags containing money and documents have been carted away by op...
JUST IN: Dangote, Bill Gates Meet With Tinubu In Aso Rock
On Monday, President Bola Tinubu hosted business mogul Aliko Dangote and...
Tinubu calls on governors to collaborate in revitalizing the economy.
President Bola Tinubu emphasized the need to transform Nigeria's economy by beginning with the remov...
The new electricity bill for manufacturers offers a range of advantages, consisting of seven major benefits that can be derived from its implementation.
The Manufacturers Association of Nigeria (MAN) has identified seven advantages that the new electric...
Reform progress accelerates as Standard Chartered predicts the naira will reach N685/$ by the end of June.
According to Standard Chartered Bank, the naira is expected to trade at N685 per US dollar by the co...
FG To Start Disbursement Of Student Loan September
The Federal Government says it is working out modalities to start the disbursement of student loans ...
BEYONCE'S EFFECT ON SWEDEN'S ECONOMY.
The commencement of the singer's world tour in Stockholm last month caused an unprecedented su...
Here are five valuable insights from Tony Elumelu on investing
Tony Elumelu expressed his belief in the abundant opportunities present in Africa during an intervie...
Following the suspension of Central Bank Governor, Godwin Emefiele, the Nigerian stock market has surged to its highest point since July 2008.
The suspension of Central Bank Governor, Godwin Emefiele, has caused the Nigerian stock market to so...
There was no crude oil loss recorded in Nigeria's largest oil pipeline in May.
In May, there were no reports of crude oil loss during transportation via the Trans-Niger Pipeline (...
Investors positive reaction to Emefiele's exit has triggered a blockbuster rally in big banks.
In Nigeria, major banks are experiencing a surge in stocks of up to 10% as investors celebrate the d...
The International Monetary Fund (IMF) has suggested five crucial policy options for Nigeria to prioritize in order to ensure financial inclusion.
The International Monetary Fund (IMF) has suggested five primary policy options that Nigeria should ...
What Tinubu’s Student Loan Act Mean For The Nigerian Students
President Tinubu, in a bid to expand access to higher education and reduce financi...
SERAP Sues President Tinubu Over Alleged Missing $2.1b, N3.1tr Oil Funds
The Socio-Economic Rights and Accountability Project (SERAP) has filed a law...
Fuel Subsidy Removal Will Save Nigeria But Impose Burden: President Tinubu
According to Bola Tinubu, the president of Nigeria, eliminating a well-known...
Top 5 Microfinance Banks You Should Know About
Microfinance Banks (MFBs) play an essential role in the Nigerian economy, providing a financing chan...
The World Bank reports that Nigeria's growth momentum is being hampered by the redesign of the Naira, high inflation, and a shortage of FX.
Nigeria's economy has experienced a slowdown due to macroeconomic issues such as high inflation rate...
The Price of Cooking Gas Drops by 30%
Contrarily, there is a silver lining as the price of cooking gas has decreased significantly. The ex...
Subsidy Removal Has Increased Cost Of Living – Oshiomhole
The elimination of subsidies, according to the former Nigeria Labour Congress (NLC) lead...
Subsidy: NLC Shuns Meeting With FG, TUC Seeks Pay Rise
Leaders of the Nigeria Labour Congress, NLC, yesterday, shunned a scheduled meeting with government ...
The value of the Naira has appreciated to N750 per dollar.
Good news for Nigerians, as the Naira has appreciated by 0.26 percent against the dollar on Monday, ...
The 2023 budget of Nigeria may be in jeopardy as OPEC limits the country's oil production to 1.38 million barrels per day.
On Sunday, OPEC and its partners decided to decrease worldwide oil production by 1.393 million barre...
The NNPC is set to terminate oil swap contracts and adopt cash payments for petrol imports to improve the fuel distribution system and combat corruption.
The Nigerian National Petroleum Corporation (NNPC) has decided to end its oil swap contracts and shi...
As the petrol price hike continues for the sixth day, Nigerians are recounting their experiences.
The Nigerian National Petroleum Company Limited (NNPCL) has increased pump prices of petrol followin...
Increased Investments Needed to Address Milk Supply Gap, Say Dairy Farmers and Other Stakeholders
Miyetti Allah Cattle Breeders Association of Nigeria has called for increased investments to drive t...
Mobile Money Payments in Nigeria Record Impressive Growth According to 2023 GSMA Report
The use of mobile money continues to grow globally as the world becomes increasingly digital. This i...
ASR Africa Empowers Girls in Northern Nigeria with Tech-Based Mentorship Programme for Tertiary Institutions
ASR Africa Launches Mentorship Programme for Female Students at FCET GusauThe Abdul Samad Rabiu Afri...
Exchange Rate for Naira Against Dollar Dips Slightly
The exchange rate between the Nigerian naira and the US dollar saw a depreciation of 0.20% at the In...
Mele Kyari Reveals Shocking Information: Only 10% to 15% of Nigerians Benefited from Fuel Subsidy
Fuel subsidy in Nigeria has always been a topic of controversy with many questioning the effectivene...
Group Calls For Reversal of Fuel Subsidy Removal, Threatens Protest Within 7 days
Concerned with the premium motor spirit price hike brought on by President Bola Ahmed Tinubu's decla...
Dangote Refinery May Not Be Able To Bring Down Fuel Prices – NLC
The NLC President, Joe Ajaero, said the Dangote Refinery is admirable but it might...
The decision to remove fuel subsidy by the Federal Government has been welcomed by the Nigerian National Petroleum Corporation (NNPC).
The Nigerian National Petroleum Corporation (NNPC) Limited recently welcomed the decision of the Pre...
The power woman transforming electricity distribution in Nigeria - Folake Soetan
Electricity distribution has been a major challenge in Nigeria for decades. The country's power sect...
Rising inflation in Nigeria : Economists urge CBN to focus on key drivers
Inflation has been a growing concern for Nigeria's economy, with prices of goods and services contin...
2023 Top 5 Highest Paying Salary Companies in Nigeria
The Nigerian job market is highly competitive and it can be challenging to land a high-paying job. H...
Abbey Mortgage Bank , has announced its 31st Annual General Meeting (AGM) on May 31st, 2023.
Abbey Mortgage Bank Nigeria, a leading mortgage bank in Nigeria, has announced its 31st Annual Gener...
Mr. Eazi's journey from the Garden City to New York proves that with hard work, dedication, and passion, anything is possible.
Mr. Eazi, born Oluwatosin Ajibade, is one of the most successful Nigerian musicians of the moment. H...
Banks Can Now Issue NIN Cards To Nigerians – FG
Prof. Isa Pantami, Minister of Communications and Digital Economy, revealed this on Wednesday ...
Breakfast to be held by Nigeria-South Africa Chamber of Commerce in May 2023
This Thursday, May 25, 2023, the Nigeria-South Africa Chamber of Commerce (NSACC) will hold its brea...
The Central Bank of Nigeria has raised its interest rate to 18.5% due to stubborn inflation and slowing economic growth
The National Bureau of Statistics (NBS) reports that Nigeria's inflation increased to 22.22 percent ...
Dangote Refinery Will Generate 12,000 Megawatts Electricity –Emefiele
The newly opened Dangote Petroleum Refinery and Petrochemicals, according to Nigeria's Central Bank ...
5 African Presidents Join Buhari To Commission Dangote Refinery, Today
President Muhammadu Buhari will commission Dangote Petroleum Refinery & Petrochemicals in a hist...
Young Crypto VCs Making a Splash: New Blood
One thing's for sure: the world of crypto venture capital is changing. And it's not just the investo...
The Rise of Dangote: Africa's Richest Man Builds Refinery in Nigeria
Have you ever heard of Aliko Dangote? If not, you should get acquainted with this African business t...
Nigeria's Dangote Pays Back Majority of Loan Used for Refinery Construction
The construction of the Dangote Refinery has been a major focus in Nigeria's economy for the past fe...
When Will Dangote Refinery Products Be Available in Nigeria?
Good news for Nigerians:Dangote Refinery products will be available in the Nigerian market in August...
Lekki Seaport berths largest vessel since its launch 2020
Lekki Seaport has welcomed its largest vessel since its launch in 2020.The port's berthing docks are...
African countries to benefit from UK’s £15 million health workforce fund - Nigeria, Ghana, Kenya
Today, we have an exciting announcement from the UK government. They have announced a £15 million...
FCMB founder dies at 89
It is with a heavy heart that we announce the passing of Subomi Balogun, the founder of First City M...
The Nigerian Naira has fallen to a record low of N465.13 against the US Dollar
The Nigerian Naira has fallen to a record low of N465.13 against the US Dollar due to rising demand ...
N1.5bn funding for corp members businesses disbursed by NYSC
The National Youth Service Corps (NYSC) has disbursed N1.5 billion to support the businesses of its ...
MTN, plans new $320 million fiber cable network
MTN Group, Africa's largest mobile phone company, has announced plans to invest $320 million in a ne...
The Nigeria Government's Controversial Decision To Award Revenue Collection To SICPA
The Nigeria Government has been criticized for its decision to award the country’...
From Spaghetti to Gold: Sujimoto dines with Governor Adeleke
It was a night of great food, laughter and deep conversations as Africa’s luxury real estate ...
Nigeria's Debt Service To Revenue Ratio Is Alarming, Okonjo-Iwela
Nigeria’s Debt Service to Revenue Ratio Is Alarming, Okonjo-Iweala WarnsFormer Mi...
The European Commission Approves Microsoft's $69 Billion Acquisition of Activision
The European Commission (EC) has approved Microsoft's $69 billion acquisition of the US video game p...