The Nigerian National Petroleum Company Limited (NNPC Ltd) has said that the country’s gas sector is now strategically positioned to assist businesses in generating increased revenue. ...
The Federal Government has listed its April 2024 savings bonds worth N4.214 billion on the Nigerian Exchange Limited (NGX) platform. This was disclosed in the market...
In partnership with KuCoin halts naira P2P KuCoin has suspended peer-to-peer trading using the Nigerian naira (NGN) on its platform. The crypto trading platform announced the...
The Centre for the Promotion of Public Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to slow down on monetary policy tightening ahead...
Data released by the Nigeria Inter-Bank Settlement System (NIBSS) have revealed that registration for the Bank Verification Number (BVN) increased by 1.75 million in the last...
FBN Holding Plc has said that it plans to publish both its full-year 2023 annual financial statement and first quarter 2024 unaudited financial statement on or...
The Senate President, Godswill Akpabio, has referred President Bola Tinubu’s request for the confirmation of Emomotimi Agama as the Director General of the Securities and Exchange...
Air Peace has acknowledged issues faced by customers trying to book London-bound flights on their platforms, as many travellers have encountered a ‘fully booked’ error message...
Air Peace has acknowledged issues faced by customers trying to book London-bound flights on their platforms, as many travellers have encountered a ‘fully booked’ error message...
The Department of Development Control, Federal Capital Territory Administration (FCTA), has initiated the demolition of over 500 unauthorized structures at the popular Karmo Market in Abuja....
PZ Cussons Nigeria Plc has incurred a market value loss of approximately N70.5 billion since May 7, 2024. This downturn persisted today, with the company witnessing...
Nigeria recorded $282.61 million as total direct foreign exchange (FX) remittances in the first quarter (Q1) of 2024. The figure represents a decrease of $18.96 million...
Planet Projects Nigeria Limited, the firm behind the design and construction of the Oshodi Transport Interchange in Lagos State, has secured N51 billion contract to build...
More than 1000 Chief Executive Officers (CEOs), 75 Presidents, Ministers, a host of investors, and about 200 journalists from 73 countries will be heading to Kigali,...
President Bola Tinubu has said that the three recently opened gas plants in Delta and Imo states will increase the nation’s gas supply by 25% when...
Uganda’s Ministry of Energy and Mineral Development has highlighted its collaboration with the International Atomic Energy Agency (IAEA) with the aim of developing nuclear energy and...
The United Nations (UN) plans to raise $306 million as part of efforts to combat food insecurity in North-East Nigeria, where millions are projected to face...
Kucoin has joined the list of Crypto Exchanges suspending Naira Peer to Peer trading on their platforms as Nigerian authorities tighten the noose on Crypto entities...
A Former Vice President of Nigeria, Atiku Abubakar, has criticized the federal government’s proposal to use N20 trillion from pension funds for infrastructure projects, labeling the...
Tech giant, Google, is rolling out AI features on Android phones including its Gemini Nano functioning as live scam detection for users. Google unveiled this at...
It was the Buhari administration that accelerated the impoverishment of Nigerians, a trend initiated by the dim-witted Jonathan. However, Asiwaju Tinubu has completed the process with...
It was the Buhari administration that accelerated the impoverishment of Nigerians, a trend initiated by the dim-witted Jonathan. However, Asiwaju Tinubu has completed the process with...
The Board of Directors of The Creditville Group Limited is pleased to announce the appointment of Mrs. Tai Oshisanya as an Independent External Director of the...
PAC Capital Limited, the esteemed investment banking arm of Pan-African Capital Holdings, is thrilled to announce its recent accolade as the Best Transaction Advisory Firm Nigeria...
The World Health Organization (WHO) has prequalified a new dengue vaccine known as TAK-003. Developed by Takeda, this live-attenuated vaccine, which incorporates weakened forms of the...
itel, the global leading smart life brand committed to providing affordable and good quality consumer electronic products, proudly announces the launch of itel RS4 the gaming...
Shareholders of Berger Paints Nigeria Plc have endorsed the recommendation of the Board of Directors for a dividend of N232 million for the financial year 2023,...
In April 2024, the headline inflation rate rose to 33.69%, up from 33.20% in March 2024, marking an increase of 0.49% points according to the Nigeria...
The Joint Admissions and Matriculation Board (JAMB) has announced the release of an additional 36,540 Unified Tertiary Matriculation Examination (UTME) results, which were initially withheld for...
Key Highlights Titi Cole is a powerful woman in the global finance industry, thanks to her 20+ stint in various organisations. Cole recently resigned from her...
The Naira continued its decline across the country’s unofficial FX market, depreciating to a new low of 1,540 per dollar on the parallel market despite a...
On the 9th of April, 2024, TeKnowledge was launched, bringing together the formidable strengths of Cytek Security, Tek Experts, and Elev8 into a single, unified powerhouse....
Banks are pivotal entities within Nigeria’s financial landscape, embodying significant economic prowess and serving as pillars of stability. With a collective asset value nearing N150 trillion...
The exchange rate for customs duty collections has risen to N1502.1/$, the highest in seven weeks going back to March 22nd when the figure stood at...
The Federal Executive Council (FEC), on Tuesday, approved a new initiative designed to transform Nigeria’s infrastructure and housing sector. The announcement, posted on the official X...
The Academic Staff Union of Universities (ASUU) has announced its decision to no longer accept the continuous non-reinstatement or non-reconstitution of governing councils in public universities....
The Federal Executive Council (FEC) has approved the equalisation of the Okpella section of the Lokoja-Benin road and others for N120 billion to be financed by...
About eight TikTok users have taken the U.S. federal government to task, alleging that a statute by President Joe Biden encroaches upon their sacrosanct First Amendment...
In partnership with Good morning ☀️ We’re going to be all up in your ears about our upcoming podcast. So take a few minutes to fill...
A senior ABCON official cites insufficient dollar allocations from the CBN as the primary cause for the Naira’s recent depreciation, not the actions of BDC operators....
A senior ABCON official cites insufficient dollar allocations from the CBN as the primary cause for the Naira’s recent depreciation, not the actions of BDC operators....
Story highlights Despite economic challenges, spending on telecom services by Nigerians has increased, with MTN and Airtel reporting significant rises in Average Revenue Per User (ARPU)....
The Securities and Exchange Commission (SEC) has vowed to collaborate with the Economic and Financial Crimes Commission (EFCC) to mitigate forex trading manipulations within the virtual...
A Russian crypto developer, Alexey Pertsev, founder of the now-sanctioned Tornado Cash Crypto Mixer, has been found guilty of laundering over $1.2 billion in illicit funds...
The Corporate Affairs Commission says it is exploring ways to make use of Artificial Intelligence (AI) to achieve registration of companies within minutes in line with...
The Cross River State Government has secured $3.5 billion in funding from Afreximbank in Cairo for the Bakassi Deep Seaport Project. Governor Bassey Edet Otu announced...
Story Highlights ICPC to arraign REA officer, Abubakar Abdullahi Sambo, for unauthorized payment of N1.8 billion for project supervision. Charges filed by ICPC include contravention of...
Nigeria has received approval from the United Nations to extend its continental shelf by 16,300 square kilometres, a territory five times the size of Lagos State....
The exchange rate between the Naira and dollar on the official NAFEM window fell to N1,520.4/$1 on Tuesday, May 14, 2024. This is a 2.78% depreciation...
Flutterwave, Africa’s leading payment technology company, has earned a spot on the prestigious 12th annual CNBC Disruptor 50 list alongside companies like OpenAI, Stripe, and Monzo....
For the second consecutive day, NGX demonstrated bearish trends, marking a decline of 0.77%, with the All-Share Index closing at 97,473.98 points, down from yesterday’s 97,708.74...
MTN Group’s service revenue from South Africa surpassed that of Nigeria, traditionally its largest market by revenue. South Africa’s revenue increased modestly by 3%, reaching 10.4...
Coronation Group Limited, Africa’s premier financial service partner dedicated to building enduring legacies and fostering sustainable wealth creation, proudly announces the participation of Kayode Akindele, CEO...
On the 9th of April, 2024, TeKnowledge was launched, bringing together the formidable strengths of Cytek Security, Tek Experts, and Elev8 into a single, unified powerhouse....
The Tertiary Education Trust Fund (TETFund) has announced an allocation of N1 billion for the construction of student hostels across 12 educational institutions in Nigeria as...
The Federal Government, in partnership with the United Nations Development Program (UNDP) and the Organisation of Economic Co-operation and Development (OECD), has launched the Tax Inspectors...
The Federal Government has announced plans to set up the Nigerian Digital Technology Exchange Program Hub to be called Nigerian Startup House in San Francisco, the...
Atlantic Lithium Limited, an Australian firm at the forefront of developing Ghana’s first lithium mine has listed all its outstanding shares on the Ghana Stock Exchange....
Nearly 100 humanitarian organizations and volunteers are urging Elon Musk to keep his Starlink network active in war-ravaged Sudan. According to them, the network is vital...
The Federal Government is set to launch a Special Purpose Vehicle (SPV) for the delivery of an additional 90,000km of fibre optic cable to complement existing...
Wigwe University, envisioned by the late Herbert Wigwe, former Chief Executive Officer of Access Holdings Plc, has announced its course fees and a premium accommodation option...
Shell is currently probing reports of smoke and explosions observed early Tuesday near its Gbaran Ubie oil and gas installation in Nigeria’s Bayelsa state, according to...
The Ogun State Government has attributed the dilapidated condition of the road leading to the Abeokuta train station to delays by the Federal Government in granting...
The Lagos State Government has issued a 48-hour notice to property owners whose structures encroach on the Right-of-Way of the Storm Water drainage channel in Jakande...
The Nigerian government has raised N380.769 billion in a highly subscribed bond auction conducted on May 13, 2024. However, the amount raised is 39% less than...
The Central Bank of Nigeria (CBN) has approved the appointment of 11 pre-shipment monitoring and evaluation agents for oil and gas exports in Nigeria. The announcement...
Nigeria’s average crude oil production for the month of April marginally rose to 1.281 million barrels daily according to the Organization of Petroleum Exporting Countries (OPEC)...
The Economic and Financial Crimes Commission (EFCC) could not arraign a former Minister of Aviation, Hadi Sirika, and his brother, Ahmad in a fresh multi-million fraud-related...
Global Tax and Advisory firm, KPMG Nigeria has seemingly walked back on its caustic criticism of the cybercrime levy imposed on Nigerians by the federal government....
Nigeria, a dominant player and economy in Sub-Saharan Africa (SSA), fell behind eight other SSA countries in attracting private infrastructure investment commitments in 2023. The 2023...
The Secretary-General of the African Petroleum Producers Organisation (APPO), Omar Farouk Ibrahim, has said that nearly 75% of oil produced in Africa is exported to other...
The Kano Area Command of the Nigeria Customs Service proudly announced today that it has amassed a staggering revenue of N40.8 billion within the first four...
Bamboo has launched Nigerian stocks on its platform to allow young citizens to fully participate in the Nigerian capital market. Bamboo is a digital brokerage firm...
The Minister of Women Affairs, Mrs Uju Kennedy-Ohanenye, has revealed plans by the Federal Government to offer N200 monthly health insurance to 37,000 women in the...
Heirs Energies CEO and Transcorp Group’s President/Group CEO; Osayande Igiehon and Dr. Owen Omogiafo, OON, will join global business leaders at the 17th German-African Energy Forum...
Dangote Cement Plc is prioritizing community engagement, empowerment, and environmental stewardship to sustain its upward trajectory. The cement manufacturing firm said it believed that true progress...
The exchange rate between the naira and the dollar reached an intra-day high of N1,515 on Monday, according to data from FMDQ, where currencies are traded...
The National Information Technology Development Agency (NITDA) has said there is a need for content moderation in the digital space in line with global practices to...
MTN Group, the largest telecommunications operator in Africa, has disclosed a notable decline in its first-quarter service revenue, registering a decrease of 18.8%. This downturn was...
The Netherlands has overtaken India to become Nigeria’s second-largest trade partner in 2023. This is according to the foreign trade statistics reports of the National Bureau of Statistics (NBS), which revealed the...
The Director-General of the National Productivity Centre (NPC), Dr. Nasir Raji-Mustapha announced on Monday in Abuja that the Federal Government is developing a new wage system...
The Federal Government has announced plans to empower at least 5,000 members of the National Youth Service Corps (NYSC) with N10 million each to fund their...
The Nigerian government has said it will get along with rival economic powerhouses such as the United States, China and Russia as they all seek to...
The Nigerian Ports Authority (NPA) has announced that it has successfully cleared the notorious decade-long gridlock on the Mile 2-TinCan-Apapa corridor, home to the TinCan and...
The Department of Development Control, under the Federal Capital Territory Administration (FCTA), has issued a 24-hour demolition notice to the proprietors of 500 unauthorized markets and...
In partnership with Good morning ☀️ What do you look out for in a good podcast? Ease of access, hot topics, or the host’s soothing voice?...
A militant group named “Ijaw Freedom Fighters” launched an attack on the Imariogha community near the Okomu Oil palm plantation on Sunday night, according to the...
Renowned crypto analyst and FX Pro trader, Alex Kuptsikevich, has warned that Bitcoin could witness a massive panic sell-off if it drops below the $60,000 level...
Nigerian Exchange Group Plc realized N6.959 billion from transaction fees and treasury investment income in the 2023 financial year ended 31 December 2023. This was contained in the...
OpenAI has launched a faster and cheaper version of the artificial intelligence, ChatGPT-4o, with a promise to make it available to all users for free. The...
The National Emergency Management Agency(NEMA) says it has delivered 996 metric tons of assorted grains to vulnerable residents of Plateau state. NEMA disclosed this via its...
President Bola Tinubu has directed all government ministries, departments, and agencies (MDAs) to exclusively procure compressed natural gas (CNG)-powered vehicles. This is contained in a statement...
Melinda French Gates, co-founder of the Bill & Melinda Gates Foundation, announced her resignation from the organization on Monday, with her departure set to take effect...
The Central Bank of Nigeria (CBN) plans a major restructuring in its operations, aiming to transfer about N5.5 trillion in development finance activities to a combination...
GT Fund Managers (GTFM), the investment management business of GTCO Holdings, reported its total Assets Under Management (AUM) at N330.5 billion in 2023. This represents a...
The Organised Labour in Nigeria has taken a firm stance, demanding the complete reversal of the power sector privatisation and the recovery of all public electricity...
Creative UK, an organization representing the creative industries, has warned that eliminating the option for international students to work in the United Kingdom (UK) post-graduation, could...
Kenya’s Senate has initiated an inquiry into the alleged sale of “harmful” beauty products by L’Oréal, a renowned cosmetics company, following a petition presented by Senator...
The Minister of Aviation and Aerospace Development, Festus Keyamo, has urged Air France-KLM to reduce ticket prices for Nigerian travellers to make air travel more accessible...