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Breaking

Kaduna DisCo Gets New Owners

Jul 15, 2024 0
ASI Engineering Limited (ASI) has announced the acquisition of a 60% equity stake in the Kaduna Electricity…
Finance

Consumer spending down as Nigerians remain gloomy on economy

Jul 15, 2024 0
Nigerians reduction in purchasing power have led to a decline in electronic payment transactions and this has been…
Finance

Equity market down as investors eye inflation, H1 earnings reports 

Jul 15, 2024 0
The Nigerian Exchange (NGX) experienced continued declines last week due to profit-taking and sell pressure on…
Finance

Zenith Bank set to unveil capital-raising drive

Jul 15, 2024 0
Zenith Bank Plc is preparing to finalize its capital raising efforts to meet the Central Bank of Nigeria's new…
Energy

P’Harcourt refinery undergoes licensing, minister defends rehabilitation exercise

Jul 15, 2024 0
The Port Harcourt Refining Company has completed mechanical work and received crude oil, but its operational start…
Banking

CBN drops BDC operators in $123m sale

Jul 15, 2024 0
The Central Bank of Nigeria (CBN) excluded Bureau De Change (BDC) operators from its latest forex sales, amounting…
Business

Taiwan president thanks Micron CEO for his trust in Taiwan

Jul 12, 2024 0
Taiwan President Lai Ching-te recently expressed gratitude to Micron's Chief Executive Sanjay Mehrotra for the…
Business

Japan households’ inflation expectations heighten, quarterly survey shows

Jul 12, 2024 0
Nearly 90% of Japanese households expect prices to rise in the next year, according to a quarterly Bank of Japan…
Business

US lawmakers raise worries about China in Microsoft deal with Emirati AI firm

Jul 12, 2024 0
Republican lawmakers have requested an intelligence assessment from the Biden administration on Microsoft's $1.5…
Local

Australia to bring anti-scam law targeting internet giants this year, regulator…

Jul 12, 2024 0
Australia plans to introduce a law by the end of the year requiring internet companies to proactively prevent…
Business

BIPC Seeks $500m UNHCR-IFC For IDPs Sustainability

Jul 12, 2024 0
The Benue Investment and Property Company Limited (BIPC) has proposed a business model to leverage a $500 million…
Business

FG To Invest In Made-In-Nigeria Vehicles, Transmit To CKD Assembly

Jul 12, 2024 0
The Director-General of the National Automotive Design and Development Council (NADDC), Oluwemimo Joseph Osanipin,…
Energy

Nigeria’s oil production adds 25,000 barrels per day

Jul 12, 2024 0
Nigeria’s daily oil production increased by 25,000 barrels per day, rising from 1.251 million barrels per day in…
Finance

NIDF posts N8.37bn post-tax profit

Jul 12, 2024 0
The Nigeria Infrastructure Debt Fund (NIDF) reported a 15.8% increase in post-tax profit for the first half of…
Trade

Honeywell, Seplat drag equity market to N188bn loss

Jul 12, 2024 0
Investors on the Nigerian Exchange Limited faced losses totaling N188 billion on Thursday, primarily driven by…
Business

SEC harps on investor education to drive growth

Jul 12, 2024 0
Emomotimi Agama, the Director General of the Securities and Exchange Commission (SEC), emphasized the importance…
Business

NDDC to boost Niger Delta development with N1.9tn budget

Jul 12, 2024 0
The Niger Delta Development Commission (NDDC) has presented its ambitious 2024 budget of N1.9 trillion to the…
Business

Senate rejects bill seeking to review forex market regulations

Jul 12, 2024 0
The Nigerian Senate recently rejected the Foreign Exchange (Control and Monitoring) Bill, 2024 (SB. 353), proposed…
Energy

FG, IOCs agree on crude supply to Dangote, local refineries

Jul 12, 2024 0
The Nigerian government and local crude oil producers have pledged to maintain a sustainable supply of crude to…
Business

Amazon could face probe over treatment of UK grocery suppliers, watchdog says

Jul 11, 2024 0
Britain's grocery regulator has warned Amazon of a possible formal investigation if it does not improve compliance…
Business

AI frenzy takes Taiwan’s TSMC to record peak, puts it in trillion dollar…

Jul 11, 2024 0
TSMC reached a record high in its second-quarter revenue, driven by strong demand for AI applications. The world's…
Local

Exclusive: In lithium industry first, IBAT commercializes new extraction…

Jul 11, 2024 0
International Battery Metals (IBAT) has achieved a significant milestone in the clean-energy transition by…
Business

Housing crisis in Spain’s cities drives rise in homelessness as tourism…

Jul 11, 2024 0
Francisco Carrillo, a 62-year-old pensioner, finally found relief as he moved into a charity-provided apartment in…
Business

Nigeria’s regional trade declines, ranks 4th behind SA, Cote d’Ivoire, Egypt

Jul 11, 2024 0
Three years into the African Continental Free Trade Area (AfCFTA) agreement, Nigeria has experienced a decline in…
Business

NERC Reels Out New Sanctions For DisCos

Jul 11, 2024 0
The Nigerian Electricity Regulatory Commission (NERC) announced new sanctions for Distribution Companies (DisCos)…
Business

Global Regulators Tighten Rules On Banks Outsourcing Services

Jul 11, 2024 0
The Basel Committee of banking regulators has proposed that bank board directors take ultimate responsibility for…
Local

Food Security: FEC Approves Procurement Of 2000 Tractors, 1200 Trailers

Jul 11, 2024 0
The Federal Executive Council (FEC) has approved the procurement of 2,000 tractors, 4,000 disc ploughs, 1,200…
Currency

Naira tumbles above the N2,000 mark against British pound

Jul 11, 2024 0
The Nigerian naira faced downward pressure as it started Thursday’s session with a weakening trend against the…
Business

Cost of living crisis: Nigeria ranked 5th hardest hit African country

Jul 11, 2024 0
Nigeria has been identified as the fifth hardest-hit African country by the global cost-of-living crisis,…
Local

TD Africa Recognized at Huawei Event for Exceptional Service and Distribution…

Jul 11, 2024 0
TD Africa was celebrated at Huawei's recent event themed 'Accelerate Industrial Intelligence' for its exemplary…
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NIGERIA

Local

AI Reduces Nigeria Media Traffic by 26% as News Consumption Shifts – Report Reveals

Apr 29, 2026
Local

Why Mobile Internet Alone Can’t Power Nigeria’s Digital Future – NCC, Experts Warn

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Macroeconomic

Nigeria records surge in foreign currency tax receipts to N6.33 trillion

Apr 29, 2026
Business

NUPRC Board Resumes Duties, Pledges Oil Sector Reforms Amid Global Energy Uncertainty

Apr 29, 2026
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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

Oct 2, 2024
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