GE Vernova, a purpose-built company driving electrification and decarbonisation, has restated its commitment to accelerating Nigeria’s sustainable energy transition journey. The firm is going to do...
With the current hardship in Nigeria, starting a business with a budget of less than 100,000 Naira (about $240 USD) is feasible and can be quite...
Traders have 48 hours to withdraw naira Crypto trading platform, Binance, has advised Nigerians trading on its platform to withdraw all their naira assets as...
The National Information Technology Development Agency (NITDA), has unveiled the second phase of the Nigerian e-Government Master Plan, towards ensuring a seamless and inclusive access to...
Says budget should be subject to forensic audit Former Deputy Governor (Financial Stability) of the Central Bank Nigeria (CBN), Kingsley Moghalu has urged the federal government...
The Nigeria Cassava Growers Association (NCGA) has stated that Nigeria loses more than $200m annually for not implementing the plan that would have seen cassava products...
The House of Representatives on Tuesday invited the Minister of Blue Economy, Gboyega Oyetola and his counterpart in the Transport ministry, Saidu Alkali over alleged fraudulent...
Making bread with cassava flour is an excellent alternative for those seeking gluten-free options or looking to experiment with different flour types. Cassava, also known as...
Binance, a cryptocurrency platform, is not licensed to operate in Nigeria. Obinna Iwuno, the President of the Stakeholders in Blockchain Technology Association of Nigeria, SiBan, disclosed...
Africa’s richest man and the President of Dangote Group, Aliko Dangote, plans to set up an oil trading firm in London as part of strategies to...
Social media users have complained about abrupt loss of access to their Instagram and Facebook accounts on Tuesday evening, LEADERSHIP has learnt. Down Detector, an internet...
Binance, a cryptocurrency trading platform, has said that it will discontinue all Naira services by March 8, 2024. This is coming on the heels of the...
With an estimated 70 per cent of financial crimes in Nigeria traceable to the banking sector, the Economic and Financial Crimes Commission (EFCC) has urged bank...
The CEO of Confederated Facilitators Limited, Lai Omotola, has said that although the Nigerian government has put in place policies to combat the economic hardship currently...
Binance has announced its decision to halt all services in naira, effective March 8, 2024, following increased regulatory scrutiny and clampdowns by the federal government over...
Cryptocurrency giant, Binance Holdings Ltd, has announced that it will leave the Nigerian market and discontinue all its services for the naira. Naija News reports that...
To enhance easy access to justice for Nigerians through technology, a non-governmental organisation (NGO) committed to social justice and legal advocacy, Citizens’ Gavel, has launched the...
Applying for a UK visa involves a series of steps that require careful attention to detail. Whether you’re planning to visit, study, work, or live in...
Calculating the number of blocks required for building construction involves several steps. These calculations are based on standard block sizes and construction practices. Let’s use a...
The Naira on Monday recorded gain for a fourth consecutive day at the official window but has however taken a dip at the parallel market. The...
The Debt Management Office, DMO, has announced the subscription process for two-year and three-year Federal Government of Nigeria bonds for March 2024 with an annual interest...
The Central Bank of Nigeria (CBN) has slashed the exchange rate used to calculate import duties. The rate was slashed by 5.3%, Naija News understands. The...
Access Bank Plc has launched the “YouThrive” initiative that would empower 700,000 micro, small and medium scale enterprises (MSMEs) in Nigeria with N50 billion loans. This...
Nigerian business mogul and Africa’s richest man has named its largest road network to Dangote Refinery after the late founder and Group Chief Executive Officer of...
Africa’s richest man, Aliko Dangote, has revealed that perseverance is one business success principle he shared with the late co-founder and former Group Chief Executive of...
The Nigerian Customs Service (NCS) has reviewed its foreign exchange (FX) rate for customs duties collection by 5.3 per cent to N1,544.081 per US dollar amid...
The Benue State Internal Revenue Service (BIRS) on Monday sealed up business enterprises including schools, hotels and hospitals over tax evasion and non-filing of annual tax...
Respite appears on the horizon for Nigerians as prices of imported goods and raw materials are expected to nosedive as the Central Bank of Nigeria (CBN),...
Brussels has imposed a historic fine of 1.84 billion euros ($2 billion) on Apple for hindering competition from music streaming rivals through restrictions on its App...
The Governor of Edo State, Godwin Obaseki, said the Central Bank of Nigeria got it wrong again by raising the Monetary Policy Rate, MPR, to 22.75...
The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in short-term instruments....
The Federal Competition and Consumer Protection Commission (FCCPC) has advised power distribution companies (DisCos) to design a quick response mechanism to address customers’ complaints within their...
The price of a bag of rice, a staple food for Nigerians, is shaped by a complex interplay of factors ranging from local agricultural productivity to...
The price of rice, a staple food for millions in Nigeria, has experienced a significant uptick following a tripling in the price of garri, another essential...
In Nigeria, the price of beans, a staple food rich in protein, varies significantly across different regions. This variance is due to several factors, including transportation...
In a remarkable surge, Bitcoin has scaled up to a two-year high, breaking the $64,000 barrier on Monday. At $64,285, its highest since late 2021, the...
The escalating cost of living in Nigeria has now extended its reach to one of life’s most essential resources, water. The increase in the price of...
The Chairman of Air Peace, West and Central Africa’s largest carrier, Dr Allen Onyema, has charged Nigerians to support local businesses to boost the country’s economy....
The Central Bank of Nigeria (CBN) has said it successfully concluded a sale of government securities, issuing 1.053 trillion ($680 million) in short-term instruments. The apex...
The Chairman and Chief Executive of Air Peace Limited, Allen Onyema has disclosed that passenger behaviour constitutes the major cause of flight delays in Nigeria and...
The Central Bank of Nigeria (CBN) has said it successfully concluded a sale of government securities, issuing N1.053 trillion (about $680 million) in short-term instruments as...
Baigewallet, a cutting-edge financial solution platform dedicated to simplifying savings and investments for Nigerians, has signed veteran Nollywood actress, Kate Henshaw, as its Brand Ambassador. In...
The Nigerian Economic Summit Group has told the present federal government under President Bola Ahmed Tinubu that the $1 trillion Gross Domestic Product growth target by...
Experts have lauded the Comptroller General of Customs, Bashir Adewale Adeniyi, for re-opening the window. Maritime experts have lauded the federal government for re-introducing a 90-day...
The mobile banking app recently launched by MoneyMaster Payment Service Bank Limited (MMPSB), Nigeria’s leading payment service bank, has been enriching the banking experience of the...
Dangote Cement Plc has proposed a total dividend payout of N511.23 billion, representing N30 per share to the shareholders for the financial year ended December 31,...
The Central Bank of Nigeria (CBN), has successfully concluded a sale of government securities, issuing N1.053 trillion (US$680 million) in short-term instruments as part of its...
The Central Bank of Nigeria, CBN, says it has concluded the sale of government securities, issuing N1.053 Trillion($680 million) in short-term instruments as part of its...
The Vice President, Kashim Shettima, will on Tuesday declare open the Expanded National Micro, Small and Medium Enterprises (MSMEs) Business Clinics in Abeokuta, Ogun State. This...
Minister of solid minerals development, Dr. Oladele Alake, has told Qatari businessmen that Nigeria had identified locations where lithium occurs in commercial quantity and in high...
The Zamfara State Government has settled N2.3 billion in backlog of gratuities, while another 3,079 retirees were verified in an effort to pay the backlog of...
The building materials markets across Nigeria buzzed with excitement in the last quarter of 2023 as BUA Cement announced a significant reduction in the x-factory price...
The building materials markets across Nigeria buzzed with excitement in the last quarter of 2023 as BUA Cement announced a significant reduction in the x-factory price...
The federal government has accused some electricity distribution companies (DisCos) of deliberately refusing to take up power supply from the Transmission Company of Nigeria (TCN) thereby...
The Energy Commission of Nigeria (ECN) has distributed several technologically-advanced cookstoves to rural women in Kurudu village, Karu district of the Federal Capital Territory (FCT) free...
Dangote Refinery has ramped up its stock of imported crude oil from the United States as a second cargo as a second shipment of US light...
The Nigerian House of Representatives has summoned Binance CEO over alleged terrorism financing and money laundering. Ginger Onwusibe, the chairman of the House Committee on Financial...
The Vice President, Kashim Shettima will on Tuesday declare open the Expanded National Micro, Small and Medium Enterprises (MSMEs) Business Clinics in Abeokuta, Ogun State. The...
The president of the African Development Bank (AfDB), Dr. Akinwumi Ayodeji Adesina, is set to receive the distinguished Obafemi Awolowo Prize for Leadership 2023 on March...
BUA Cement Plc, has posted a revenue growth of 27.4 per cent to N460 billion for the year ended December 31, 2023. The Company in its...
There is concern among farmers and grain traders in Yobe State following the state government’s announcement of plans to stop hoarding of grains and other essential...
No fewer than 36 Kaduna-based agro dealers including retailers of seeds, fertilizer and other agricultural inputs have received business management training that will equip local agro-dealers...
No fewer than 872 rural women in Cross River State, especially those in and around the Cross River National Park, have been trained on how to...
Early last week, there were reports of a crash in grain prices in some of the grain markets, especially in the northern part of the country....
The Centre for the Promotion of Private Enterprise said revoking 4,173 Bureau De Change operator licenses by the Central Bank of Naira is good for the...
The Minister of Power, Chief Adebayo Adelabu has summoned the chief executives of Abuja Electricity Distribution Company (AEDC) and Ibadan Electricity Distribution Company (IBEDC) over worsening...
For the first time in six years, Lafarge Africa Plc has experienced a decline in earnings, with the company’s profits for 2023 falling to N51.4 billion....
The Director General of the Small Medium Enterprises Agency of Nigeria, SMEDAN, Charles Odii, has advised small businesses to leverage on social media platforms for expansion....
The Director General of National Information Technology Development Agency, NITDA, Kashifu Inuwa Abdullahi has said that Nigeria must prioritise Small and Medium Enterprises, SMEs, if the...
Dangote Refinery, Africa’s largest oil refinery located on the outskirts of Lagos, Nigeria, has significantly increased its stock of imported crude oil from the United States....
MTN Nigeria Communications Plc, on Friday announced a N137 billion loss in its audited result and accounts for the period ended December 31, 2023, from the...
South African Billionaire and Former Chairman of Shoprite Holdings Limited, the continent’s largest grocer which left Nigeria in 2021, Christo Wiese, on Friday, opined that Nigeria’s...
The Chief Executive Officer, CEO, and Managing Director of Pinnacle Oil and Gas Limited, Robert Dickerman, has revealed that the Nigerian Government still pays one trillion...
In a surprising turn of events, the Nigerian Naira witnessed a significant depreciation at the parallel section of the foreign exchange market on Friday, reversing its...
Energy giant Shell has highlighted ways African countries can unlock the potential of the energy sector and drive energy security, transition and economic prosperity.Shell said these...
The Central Bank of Nigeria (CBN), on Friday announced the revocation of the operating licences of 4,173 Bureaux De Change (BDC) operators over violation of regulatory...
Eight months into his tenure, Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has undertaken significant initiatives to address the country’s housing challenges, despite...
The board of TVC Communications has announced changes in the company’s management team.Under the new dispensation, Mrs Victoria Ajayi is taking over from Andrew Hanlon who...
The US Dollar supply turnover at the close of trading at the official foreign exchange market surged to $296.00 million on Friday as Naira appreciated. FMDQ...
The Central Bank of Nigeria has kept mum as the deadline for banks to restrict customers’ accounts without a Bank Verification Number or National Identity Number...
President Bola Tinubu has approved the appointment of four Nigerian professionals to serve as Executive Directors of the Transmission Company of Nigeria (TCN), for a renewable...
Airtel Africa plc, a premier telecommunications and mobile money services provider operating in 14 African countries, announced today the initiation of a significant share buy-back programme....
Economist and Director of Policy and Transparency, Kaduna Polytechnic, Ismael Mohammed Anchau has opined that if the Central Bank of Nigeria should have an interface or...
A front-runner in the Nigerian cement production sector, BUA Cement Plc, has disclosed its financial performance for the year ended December 2023, revealing a profit after...
Dangote Cement Plc, Nigeria’s leading cement manufacturer, has announced a remarkable financial performance for the year ended December 31, 2023, showcasing substantial growth in profitability and...
A profit after tax of N455.58 billion for the financial year ended December 2023 has been reported by Dangote Cement Plc. This represents a 19.7% increase...
The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that Savannah Bank, one of the Nigerians’ oldest banks, has not been liquidated. It, however, said though its...
Bureau de Change (BDC) operators in the popular Zone 4 business area of Abuja have been operating partially. Daily Trust had reported how the Federal Capital...
The Central Bank of Nigeria plans to sell N1.64 trillion worth of Treasury Bills in the second quarter of 2024. The apex bank disclosed this in...
A loss before tax of N177.8 billion has been reported by MTN Nigeria Plc. Since it became a quoted company in Nigeria, this is the company’s...
The Federal Government has slammed a $10 billion fine on the widely-used cryptocurrency trading platform, Binance. Bayo Onanuga, the Special Adviser on Information and Strategy to...
James Arukhe, a renowned oil and gas expert, asserts that bridging this gap and reviving Nigeria’s oil sector is not just a matter of necessity but...
Meta, the parent company of Facebook has announced its decision to cease payments to Australian news publishers for content shared on its platform. This move reignites...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says it has cleared all foreign exchange backlogs except for five commercial banks. Cardoso disclosed this...
The Nigerian government says it is investigating the activities of Binance, a cryptocurrency firm. The Head of Strategic Communication, Office of the National Security Adviser, Zakari...
Some foreign airlines, on Thursday, released their lower inventory tickets hitherto not available since the trapped fund saga and the depreciation of the naira, after the...
Bank customers who have not linked their National Identity Number (NIN) with their bank accounts yesterday thronged to the banking halls to meet up with the...
The federal government says it is hoping to make about £16billion (N30.4 trillion) from the establishment of the proposed Abuja Technology City, the Minister of Innovation,...
Oil and gas industry stakeholders have called on the National Assembly to expunge section 257 (2) from the Petroleum Industry Act (PIA). This is as Spaces...