Commodities Toyota Reveals 2025 Crown Signia Jun 21, 2024 0 Toyota has introduced the 2025 Toyota Crown Signia, a new addition to the Crown family that promises "effortless!-->…
Local Cooking gas price increases by 70% in yearly refill costs for 5kg LPG cylinders Jun 21, 2024 0 The average retail price for refilling a 5kg Liquefied Petroleum Gas (LPG) cylinder, commonly known as cooking!-->…
Business FG’s deficit spending rises 8% to N1.07trn Jun 21, 2024 0 The Federal Government of Nigeria's deficit spending rose by 8.0% year-on-year (YoY) to N1.07 trillion in January!-->…
Business NLNG’s $4.3bn Train-7 project reaches 67% completion Jun 21, 2024 0 Nigeria LNG Limited has announced that its $4.3 billion Train-7 project is now 67% complete. The project has!-->…
Business FG seeks N450 billion from June 2024 bond auction Jun 21, 2024 0 The Federal Government of Nigeria aims to raise at least N450 billion through its June 2024 bond offer, as!-->…
investment Olufemi Otedola Becomes Largest Shareholder in FBN Holdings with New Share… Jun 21, 2024 0 Olufemi Otedola, chairman of FBN Holdings, has acquired an additional 546,674,034 shares through Calvados Global!-->…
Business Africa Global Logistics Launches in Nigeria, Unveils Growth Plans Jun 21, 2024 0 Africa Global Logistics (AGL), formerly Bolloré Africa Logistics, has officially launched in Nigeria, aiming to!-->…
Banking Fidelity Bank: we have all it takes to surpass N500b capital Jun 21, 2024 0 Fidelity Bank Plc has announced a capital-raising initiative of N127.10 billion to enhance its market position and!-->…
Business WIOCC raises $41 million to expand infrastructure in Nigeria, others Jun 21, 2024 0 The West Indian Ocean Cable Company (WIOCC) has secured $41 million in debt funding led by IFC and Proparco to!-->…
Business Nigerians Living In Urban Cities Make Up 83% Of Beneficiaries Of FG’s Cash… Jun 21, 2024 0 The Nigerian government’s cash transfer program, supported by an $800 million World Bank loan, has reached over!-->…
Banking Swiss National Bank Calls for Stronger Financial Regulations Post Credit Suisse… Jun 20, 2024 0 Switzerland's financial regulations need strengthening after UBS's takeover of Credit Suisse, according to the!-->…
Commodities Honeywell to buy aerospace and defense firm CAES Systems for $1.9 bln Jun 20, 2024 0 Honeywell has agreed to purchase aerospace and defense technology firm CAES Systems from Advent International for!-->…
Business WestJet Works to Resume Normal Operations After Union Rescinds Strike Notice Jun 20, 2024 0 WestJet Airlines is working to return to normal operations following the rescindment of a strike notice by the!-->…
Business Guzman Y Gomez surges 37% in hottest Australian IPO in three years Jun 20, 2024 0 Guzman Y Gomez (GYG.AX), a Mexican food chain, delivered Australia's best initial public offering (IPO) debut in!-->…
Finance Citigroup Eyes European Expansion Despite Political Instability Jun 20, 2024 0 Citigroup (C.N) is poised to expand its business in Europe despite the continent's political volatility, which has!-->…
Business Nigeria’s Petrol Prices Surge by 223% in May Jun 20, 2024 0 Month-on-month, the price increased by 9.75%, up from N701.24 in April 2024. The report highlights that the!-->…
Trade Okomu Oil, Presco post 94% growth in profits in Q1’2024 amid rising inflation Jun 20, 2024 0 The combined profit of Presco Plc and Okomu Oil Palm Company Plc soared by 94.32% in the first quarter of 2024!-->…
Business World Bank disburses $300m palliative loans, benefitting 3 million Nigerians Jun 20, 2024 0 The World Bank has disbursed an $800 million palliative loan to assist poor and vulnerable households affected by!-->…
Business Nigeria’s credit penetration rises to 14% Jun 20, 2024 0 During the CRC Finance and Credit Conference 2024 in Lagos, CRC Credit Bureau Limited revealed that Nigeria's!-->…
Business Customs one-year revenue rises by 74%, hits N4.5tn Jun 20, 2024 0 The Nigeria Customs Service (NCS) has reported a significant 74% growth in revenue collection, reaching N4.49!-->…
Business Aradel crude production hits 13,000bpd Jun 20, 2024 0 Aradel Holdings Plc, an indigenous energy company, has announced a remarkable increase in its crude oil and!-->!-->!-->…
Business Equity market resumes from Sallah holiday with N47bn loss Jun 20, 2024 0 Investors on the Nigerian Exchange faced losses totaling approximately N47 billion as trading resumed after the!-->…
Business Federal Government’s Borrowings from World Bank Total $4.95bn in 12 Months Jun 20, 2024 0 Over the past year, the Federal Government of Nigeria has borrowed a total of $4.95 billion in loans from the!-->…
Business SEforALL Reappoints Damilola Ogunbiyi as CEO for Second Term Jun 20, 2024 0 The Sustainable Energy for All (SEforALL) Governance Board has approved the reappointment of Ms. Damilola Ogunbiyi!-->…
Business FG, World Bank Trains 496 Youth in Web, App Development Jun 20, 2024 0 In collaboration with Information Technology (IT) firms, the World Bank and the federal government have trained!-->…
Trade Nigeria’s trade with UK crashes by 25% in Q1 2024 on lower exports Jun 19, 2024 0 Nigeria's total trade with the United Kingdom declined by 25% in the first quarter of 2024, despite higher values!-->…
Local Lagos State to Establish Aviation Unit, Develop Lekki Airport Jun 19, 2024 0 The Lagos State Government will create an Aviation Unit within the Ministry of Transportation to enhance oversight!-->…
World U.S President allows legal status for 500,000 illegal immigrants married to its… Jun 19, 2024 0 President Biden has granted legal status and a streamlined pathway to U.S. residency and citizenship for about!-->…
Local Lagos State aims for 52% clean energy BRT buses by 2050 Jun 19, 2024 0 The Lagos State Government has set an ambitious target to significantly reduce carbon emissions in public!-->…
Business WFP partners Nigeria, others to kickstart food assistance program, targets 7.5… Jun 19, 2024 0 The United Nations World Food Program (WFP) has partnered with Nigeria and other West and Central African!-->…