Technology Huawei unveils vision for tech growth in Africa Apr 26, 2024 0 Huawei has showcased its latest advancements towards ushering in the intelligent era with the theme "Unleash Data!-->…
Business US seeks 36 months’ jail for Binance founder Zhao Apr 24, 2024 0 U.S. prosecutors have recommended a 36-month prison sentence for Changpeng Zhao, the founder of Binance, the!-->…
Business UBA, Access, and FBN lead banks in electronic banking revenue increase Apr 24, 2024 0 United Bank for Africa (UBA) Plc, Access Holdings Plc, and FBN Holdings Plc emerged as the top earners in!-->…
Banking Wale Bolorunduro appointed as new Chairman of LivingTrust Mortgage bank Apr 24, 2024 0 LivingTrust Mortgage Bank, a Nigerian financial company, has named Wale Bolorunduro as its new chairman, starting!-->…
Local Transcorp Power welcomes Tuedor-Matthews, Odita as directors Apr 24, 2024 0 Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has named Faith!-->…
Business Leadway Pensure reposts 25% growth in revenue Apr 24, 2024 0 Leadway Pensure, a pension fund administrator in Nigeria, has wrapped up the 2023 financial year with impressive!-->…
World Taiwan happy with US aid package, China objects to arms sales Apr 24, 2024 0 Taiwan's President Tsai Ing-wen expressed happiness over the U.S. Congress passing a significant foreign aid!-->…
Business U.S. senate votes to ban TikTok if chinese owner doesn’t sell in 9 months Apr 24, 2024 0 The U.S. Senate has overwhelmingly passed a bill to ban TikTok in the United States if its Chinese owner,!-->…
World Indonesia cenbank says China’s Alipay+ yet to request permit Apr 24, 2024 0 Filianingsih Hendarta, deputy governor of Indonesia's central bank, announced on Wednesday that Chinese firm Ant!-->…
Business $2.1bn reserve depletion: CBN sold only $581m to market — Report Apr 24, 2024 0 Nigeria's external reserves have decreased by $2.16 billion over the past month, reaching a seven-year low of!-->…
Local Nestle Nigeria’s Fixed Assets Revalued At N305.4bn Apr 24, 2024 0 Following foreign exchange losses in 2023 due to the naira depreciation, Nestlé Nigeria PLC has conducted a!-->…
Business Dangote Refinery slashes diesel, aviation fuel prices to N940 and N980… Apr 24, 2024 0 Yesterday, the $20 billion Dangote Petroleum Refinery announced further reductions in the prices of diesel and!-->…
Currency Naira depreciates against Dollar, hits N1,234 at official market Apr 23, 2024 0 The value of the Nigerian naira dropped against the United States dollar, reaching N1,234 at the official foreign!-->…
Local International Breweries shareholders approve $379.9m loan-to-equity conversion Apr 23, 2024 0 During an Extraordinary General Meeting, shareholders of International Breweries endorsed a $379.9 million loan!-->…
Commodities Naira rebound leads to drop in rice prices across Nigeria Apr 23, 2024 0 The recent strengthening of the naira against the dollar has brought relief to consumers, with the price of a!-->…
Local Sportsbet.io welcomes three new ambassadors to Its team Apr 23, 2024 0 Yolo Group's Sportsbet.io has expanded its team of ambassadors with three new additions, joining the likes of!-->…
Trade Sterling, FCMB, Stanbic see biggest jump in FX gain Apr 23, 2024 0 While big banks grabbed attention for foreign exchange gains last year, Sterling Financial Holdings Plc, FCMB!-->…
Local Diop to replace Chaudhuri as World Bank country director for Nigeria Apr 23, 2024 0 Ndiame Diop, a Senegalese national, is set to assume the position of World Bank Country Director for Nigeria,!-->…
Business Naira gains to N1,250/$ after CBN sells fresh dollars to BDCs Apr 23, 2024 0 The Central Bank of Nigeria (CBN) has initiated another round of discounted dollar sales directly to Bureau De!-->…
Local Nigeria sees 16% drop in POS transactions on bank transfers Apr 23, 2024 0 Point-of-Sale (POS) transaction values in Nigeria experienced a notable downturn in the first quarter of 2024,!-->…
Business NNPC resume crude oil production at Awoba field after shutdown Apr 23, 2024 0 The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner, Newcross Exploration!-->…
World World bank halts $150m funding for Tanzania tourism project Apr 23, 2024 0 The World Bank has suspended funding for a $150 million tourism project in Tanzania following allegations of!-->…
World Turkey to commence oil drilling in Somalia from 2025 Apr 23, 2024 0 Somalia has announced that Turkey will begin oil drilling operations along the country's extensive coastline!-->…
Business Microsoft introduces smaller AI model Apr 23, 2024 0 Microsoft (MSFT.O) unveiled Phi-3-mini, a cost-effective small language artificial intelligence model aimed at!-->…
World Why dollar is battering euro, Japanese yen and Chinese yuan Apr 23, 2024 0 The resurgence of the US dollar has caught global financial markets off guard in 2024, with the US dollar index!-->…
Local JAMB to reimburse fees for visually-impaired UTME candidates Apr 23, 2024 0 The Joint Admissions and Matriculation Board (JAMB) has announced plans to reimburse fees paid for forms by!-->…
Business Nigeria eyes $30bn from debut forex bond Apr 22, 2024 0 Nigeria is getting ready to borrow money from international investors by selling its first foreign currency bond.!-->…
Breaking Segun Alebiosun to serve as acting CEO of First Bank Apr 22, 2024 0 Segun Alebiosun, currently the Executive Director and Chief Risk Officer, is likely to become the acting Managing!-->…
Local Stable Naira appreciation expected to ease Inflation Apr 22, 2024 0 Analysts predict that the recent stability in Nigeria's foreign exchange market, along with the strengthening of!-->…
Business Dangote diesel supply to displace European imports Apr 22, 2024 0 BusinessDay's investigation reveals that the Dangote oil refinery's diesel supply is set to replace the!-->…