Dangote Cement has released its unaudited financial statements for Q1 2024, posting a gross turnover of N817.35 billion, representing a 101% year-on-year increase from the N406.7...
The Nigerian National Petroleum Company Ltd (NNPCL) has announced the signing of an agreement with African Refinery for a share subscription agreement with Port-Harcourt Refinery. The...
The naira experienced a decline on Thursday afternoon, falling to N1,450 per dollar in the parallel market. This represents a decrease of 8.28% or an N120...
President Joe Biden signed the bill this week that could ban TikTok from the U.S. if its parent company ByteDance doesn’t sell the platform. According to...
Guinness Nigeria Plc has released its unaudited financial statement for the nine-month period ending March 31, 2024, revealing a loss after tax of N61.7 billion. The...
A former Deputy Governor of Ondo State, Agboola Ajayi, has emerged as the winner of the Peoples Democratic Party (PDP) governorship primary. Naija News reports that Lawrence...
Former deputy governor of Ondo State, Hon. Ajayi Agboola, has been elected the governorship candidate of the opposition Peoples Democratic Party(PDP) for the November 16, 2024...
Counting for a triumphant burst of progress, Palremit has obtained its crypto license from the Polish government. This is a significant milestone that will enable Palremit...
A popular phone tracking app was found to be leaking sensitive data on millions of its users. A security researcher named Eric Daigle discovered the flaw...
The federal government has signed an agreement called the Aso Accord with state governments and private sector stakeholders to make financial services affordable and accessible to...
In 2023, Nigeria’s banking sector witnessed a substantial increase in lending activities amid interest rate hikes, reflecting both the resilience of the economy and strategic efforts to support...
On Thursday, the Nigerian Stock Exchange (NSE) witnessed a modest uptick in its principal indicators, with the NGX All-Share Index (ASI) climbing by 48 points to...
Former spokesman for the defunct Atiku-Okowa Presidential Campaign Council, Daniel Bwala, has berated the Economic and Financial Crimes Commission (EFCC) for giving special privileges and respect to...
Energy and other commodity prices are projected to become significant deflationary factors in the forthcoming years, according to the World Bank. This trend may pose challenges...
Dangote Sugar Refinery has announced the suspension of its proposed merger with Dangote Rice Limited and Nascon Allied Industries plc for the time being. The company...
Billionaire founder of Meta, Mark Zuckerberg has said that Threads, the social networking app competing with X(formerly Twitter), has surpassed 150 million monthly active users, up...
The average cost of making jollof rice across major cities in Nigeria nearly hit the N17,000 mark as of March 2024. The SBM Jollof Index for...
RevenueCat, a top subscription management platform for apps that monetize via in-app purchases, is now flush with new capital as it expands to the web. The...
The Senator who represented Enugu North Senatorial Zone and former Senate Committee Chairman on Information and Media, Senator Ayogu Eze is dead. It was gathered that...
Former Senator representing Enugu North Senatorial District in the National Assembly, Ayogu Eze, is reportedly dead. Naija News learnt that the former Senate spokesman died in...
The White House is contemplating granting temporary legal status and work permits to illegal immigrants who are married to American citizens. This is as a result...
Montpellier striker, Jerome Akor Adams is hopeful of breaking into the Super Eagles team in the near future. Adams was widely tipped to get an invitation...
Lafarge Africa Plc., a leading innovative and sustainable building solutions company, has launched a revolutionary innovative and first of its kind water resistant cement in Nigeria...
The Lagos State Water Corporation (LWC) has dismissed 391 ‘redundant’ employees as part of its ongoing effort to reorganize the company’s structure in the face of...
A lady has taken to social media to share a heartbreaking story of how her boyfriend ended their relationship because of her spoken English. In a...
The Federal Airports Authority of Nigeria (FAAN) has launched an investigation into a fire incident that occurred on Thursday at the E54 bridge of the Murtala...
At least 119 prisoners have escaped a prison facility in Suleja close to Nigeria’s capital city, after a heavy rain downpour damaged the correctional facility. A...
The Governor of Lagos State, Babajide Sanwo-Olu, has said his administration has been paying an additional N35,000 wage allowance to workers in the state since the...
At least 118 prison inmates escaped from a prison facility in Suleja, Niger state close to the Nigerian capital after heavy rains on Wednesday night damaged...
The Lagos State Government, on Thursday, closed Oniru Market in Eti Osa due to violations of environmental regulations. Tokunbo Wahab, the Commissioner of Environment and Water...
In a groundbreaking move that reaffirmed its status as a trailblazer in the fintech industry, Fast Credit has announced the successful payout of Series 4 of...
The price of Bitcoin fell below $64,000 on Thursday morning with over $209 million in crypto-bullish positions wiped off as the market slumped overnight. According to...
Nigeria and 15 other countries have received a boost with a $36.5 million injection of funds to combat trachoma. Dr. Joy Shu’aibu, the Country Director for...
What’s driving this phenomenal performance on the NGX? Nairametrics lists the brilliant minds behind the companies making waves on the NGX. These visionary CEOs are navigating...
Uganda’s Ministry of Finance recently disclosed that gold trade in Uganda is back at the top becoming Uganda’s major export. This declaration was based on data...
This article was contributed to TechCabal by Robin Butler, a partner at Sturgeon Capital, through The Realistic Optimist. The emerging markets conundrum Emerging markets (EMs) have...
A four-year-old boy, Miguel Ovoke, a pupil of BrickHall Schools in Abuja, died while eating at his school on Wednesday, April 24. Punch reports that...
The Nigerian Army has abruptly withdrawn its troops and dismantled its camp in a community in Niger State, amidst growing threats from bandits and terrorists. This...
British International Investment (BII), the UK’s development finance institution and impact investor, today announced the signing of a $100 million risk-sharing facility with Citi Group to support the trade...
Unilever Group Plc experienced a sales boost in the first quarter, surpassing expectations, as CEO Hein Schumacher drives forward with the company’s turnaround strategy and consumers...
The Nigeria Correctional Service has reacted to the breach that occurred at the Medium Security Custodial Centre in Suleja, Niger State, resulting in the escape of...
A Lagos-based accountant, Ayodele Oduniyi, has accused his former employer, Sonny Idedevbo, of using the police to harass and arraign him on alleged trumped-up charges. Oduniyi...
President Bola Tinubu recently approved the launch of the first phase of the Consumer Credit Scheme in Nigeria, a programme designed to offer credit facilities to...
The High Commission of Canada in Nigeria has announced its annual call for proposals for the Canada Fund for Local Initiatives (CFLI) to support small-scale, high-impact...
A tragic incident occurred at BrickHall Schools in the Cadastral Zone B11, Kaura, Abuja, when a four-year-old pupil, Miguel Ovoke, died during the school’s feeding hours...
The National Council on Privatisation (NCP) on Wednesday, announced it is considering merging the Bank of Agriculture with the Central Bank of Nigeria’s NIRSAL Microfinance Ltd....
Telecommunication operators in Nigeria have said that their services are overdue for price increments as they have not implemented any upward price adjustment in the last...
Despite a decline in Tesla’s revenue, Elon Musk, the former world’s richest man, saw his net worth increase by $9.8 billion in just one day, bringing...
The new Guinness World Record holder, Tunde Onakoya, has released more information about his health days after his record-breaking chess marathon campaign. Naija News reported on...
Some of Nigeria’s leading companies incurred a combined forex loss of N1.8 trillion in the financial year 2023. This is according to information contained in the...
Dana Air has announced that it is processing refunds for flights affected by its recent temporary suspension. The Nigeria Civil Aviation Authority (NCAA) imposed the suspension...
The Federal Government has revoked 924 inactive mining licenses, alleging that miners have facilitated a black market for acquiring mining titles. The revoked licenses comprise 528...
Capital market operators have said that implementation of the Nigerian capital market master plan must be paramount for the new Director General of the Securities and...
The Speaker of the House of Representatives, Hon. Abbas Tajudeen, has commended President Bola Ahmed Tinubu for approving the first phase of the Consumer Credit Scheme....
Fidelity Bank has shown resilience in its financial performance but now faces a critical test: navigating the challenging terrain of the new Central Bank of Nigeria...
Digital money lenders, popularly known as loan app companies, are playing significant roles in extending credit facilities to the informal sector. While there are now hundreds...
In partnership with Happy pre-Friday ☀️ In Q1 2024, investment in African startups took a nosedive, plunging by approximately 45.6% compared to Q1 2023. On the...
Diego Simeone’s Atletico Madrid are launching an ambitious transfer raid for Manchester City star Jack Grealish. The Atletico manager is reportedly a fan of the England...
Since the start of April 2024, the Nigerian stock market has been on a bearish run, with the All-Share Index (ASI) declining by 6.16% and the...
The World Health Organisation (WHO) has revealed plans to kickstart vaccination against Human Papilloma Virus (HPV) in Kogi State, beginning on May 27. Dr Muktar Toyosi,...
Subscriptions for 5G connectivity maintained a steady increase, reaching 1.24% of the country’s total connections as of March this year. This is according to the latest...
The National Association of Academic Technologists (NAAT) has proposed a minimum wage of N350,000 for workers in Nigeria. Mr. Ibeji Nwokoma, President of NAAT, announced this...
HMD is breaking into new territory by launching its first smartphone line under an original name. It’ll no longer be known as just a manufacturer of...
It’s only been two-and-a-half-months since the Kansas City Chiefs overcame the San Francisco 49ers in a modern classic of a Super Bowl, but to NFL devotees...
Germany is set to unveil a groundbreaking initiative known as the ‘Opportunity Card,’ which will be launched in June 2024 and aim to attract skilled job...
An unspecified number of inmates have escaped from the old Suleja Correctional Centre in Suleja local government area of Niger State following a rainstorm that destroyed...
Celestine Onele, an electrical engineer from Ezza South Local Government Area of Ebonyi State, has embarked on a quest to break the Guinness World Record for...
The daughter of a former President, Customary Court of Appeal, Abuja, Justice Moses Bello(late), Ann Eniyamire has asked the Federal Capital Territory High Court in Bwari,...
Ann Eniyamire, the daughter of the late Justice Moses Bello, former President of the Customary Court of Appeal in Abuja, has petitioned the Federal Capital Territory...
TikTok faces an uncertain fate in the U.S. once again. A bill including a deadline for TikTok parent company Bytedance to divest within nine months or...
The Central Bank of Nigeria (CBN) conducted a successful treasury bills (T-Bills) auction on April 24, 2024, where about N362.45 billion was raised across various maturities....
The Central Bank of Nigeria (CBN) conducted a successful treasury bills (T-Bills) auction on April 24, 2024, where about N362.45 billion was raised across various maturities....
It is a universal truth of human nature that the developers who build the code should not be the ones to test it. First of all,...
Climate Action Africa (CAA), a leading advocate for climate resilience and sustainable development, has announced the opening of applications for the Deal Room at the 2024...
The Governor of Rivers State, Siminalayi Fubara, has proudly asserted that he has consistently made sound decisions ever since assuming office. Recall that Fubara was sworn...
The National Board for Technology Incubation (NBTI) has generated over 22,000 direct employment opportunities through its community incubation centers nationwide since its inception in 2005. This...
The Nigerian Stock Exchange (NGX) closed on a bearish note as selloffs overtook buying activities. The All-Share Index dipped by 1,190.24 points to settle at 98,121.30,...
Isaac Kamalu, another loyalist of the Minister of the Federal Capital Territory, Nyesom Wike, has exited the cabinet of the Rivers State Governor, Siminalayi Fubara. Naija...
These days, the demand for high-quality audio accessories that can keep up with our dynamic lifestyles is ever-growing. Infinix is setting new standards with its innovative...
Multichoice Nigeria, a prominent Pay-TV operator, has once again announced a price increase for its DStv and GOtv packages, this time by at least 25%. This...
Ogun State Chambers of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has described the Dangote Group as the driving force of the Gateway International Trade Fair. This...
The Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri, and the former Executive Secretary of the Nigerian Content Development Monitoring Board (NCDMB), Simbi Wabote, have...
The Edo State Police Command has paraded 21 suspects arrested for various crimes in different parts of the state. The Commissioner of Police in the...
Veritasi Homes PLC, a leading real estate development company in Nigeria, recently announced the Veritasi Homes PLC Investment Expo 2024. The expo is scheduled for Saturday,...
The Registrar, Joint Admission and Matriculation Board (JAMB), Prof Ishaq Oloyede, has indicated that no fewer than 1.94 million candidates are expected to sit for the...
The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, on Tuesday inaugurated the National Executive Safety Committee (NESC) to enhance safety in Nigeria’s aviation sector....
The minister of Aviation and Aerospace Development, Festus Keyamo, has directed the acting director-general of the Nigeria Civil Aviation Authority (NCAA), Capt. Chris Najomo, to suspend...
The Economic and Financial Crimes Commission (EFCC) says it has frozen over 300 accounts on suspicion of being linked to illicit forex trading which would have...
The Board Stanbic IBTC Plc will seek shareholders’ approval to establish a Debt Issuance Programme of up to ₦400 billion to issue diverse debt securities through...
The co-founder of Filmhouse Group and former Managing Director of FilmOne, Moses Babatope, is set to launch a new media and entertainment company. News of the...
The co-founder of Filmhouse Group and former Managing Director of FilmOne, Moses Babatope, is set to launch a new media and entertainment company. News of the...
The United States Department of Justice (DOJ) has recommended that the founder and former chief executive of Binance, Changpeng “CZ” Zhao, should spend three years in...
Zacchaeus Adangor, an ally of the Minister of the Federal Capital Territory, Nyesom Wike, has resigned from the cabinet of Governor Siminalayi Fubara of Rivers State....
A devastating auto crash along the Umuahia-Ikot Ekpene Road in Akwa Ibom State has left four friends dead on Sunday night, April 22, 2024. Among the...
Veritasi Homes PLC, a leading real estate development company in Nigeria, today announced the launch of Assetize, a new venture designed to revolutionise real estate investment...
Kenya emerged as the third most preferred African country for immigrants seeking high-paying jobs as indicated by a report that highlights what draws foreign investors to...
Google has shifted its plan to phase out third-party cookies in the Chrome browser to 2025, citing the need to give regulators some time. The company...
The World Health Organization (WHO) has issued a warning, indicating that non-communicable diseases (NCDs) are poised to become the leading cause of mortality in Africa by...
A teenager is recovering in hospital after she was attacked while working at McDonald’s. Aryiah Lynch, 15, was dragged around by her hair and had...