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Currency

Naira closes 1,402/$ at official market as dollar demand persists

May 3, 2024 0
In the initial trading session of May at the NAFEM window, the Naira experienced a small decline, settling at…
World

Elon Musk says X will strip ability to block accounts

May 3, 2024 0
Elon Musk, the owner of social media platform X, has advised users to unblock all accounts they've previously…
Finance

Lagos generated N300m from Land Use charge in four months – Commissioner

May 3, 2024 0
The Lagos State Government has announced that it earned N300 million in revenue from the Land Use Charge in the…
Local

BUA Cement continues with its profit decline streak in Q1 2024

May 3, 2024 0
BUA Cement Plc released its financial results for Q1 2024, revealing a pre-tax profit decrease of 39.97% to…
Banking

Wema bank seeks shareholders’ approval to raise N200bn capital

May 3, 2024 0
Wema Bank Plc, one of Nigeria's oldest commercial banks, plans to seek shareholders' approval to raise N200…
Business

DSTV Tariff Hike: Court Orders Lawyer To Paste Restraining Order At MultiChoice…

May 3, 2024 0
The Competition and Consumer Protection Tribunal in Abuja has directed MultiChoice Nigeria Limited to halt its…
World

Nigerian Transnational Fraudster Captured, Convicted After Scamming 400 U.S.…

May 3, 2024 0
Amos Prince Okey Ezemma, a Nigerian national, admitted guilt in a transnational inheritance fraud scheme that…
Commodities

Fuel Scarcity: 9,000 oil marketers face license loss, IPMAN appeals for extension

May 3, 2024 0
As Nigerians grapple with fuel scarcity, over 9,000 oil marketers are at risk of losing their operating licenses.…
Business

FG mandates stamp duty charge on mortgage

May 3, 2024 0
The Federal Government has instructed Deposit Money Banks to commence the deduction of a 0.375 per cent stamp duty…
Business

Petrol Scarcity: 7 Vessels Stranded at Escravos Channel”

May 3, 2024 0
The current petrol supply crisis in Nigeria has been attributed to seven daughter vessels, collectively carrying…
Business

CBN worries over declining economic activities

May 3, 2024 0
The Central Bank of Nigeria (CBN) has expressed worry over the recent decline in economic activities in the…
Local

Lagos GDP Hits N41trn, Ranks 7th In Africa

May 2, 2024 0
The Lagos State Government has announced that its Gross Domestic Product (GDP) has increased from N27 trillion to…
World

Oil prices rebound after consecutive days of decline

May 2, 2024 0
Oil prices saw a rebound on Thursday after three consecutive days of decline, reaching their lowest levels since…
Business

Google faces closing arguments in US market power trial

May 2, 2024 0
The U.S. government is set to present its antitrust case against Alphabet's Google in closing arguments on…
World

Peloton CEO McCarthy steps down, fitness equipment maker to cut 15% jobs

May 2, 2024 0
Peloton CEO Barry McCarthy is stepping down over a 15% reduction in the company's global workforce due to…
Local

U.S. Stock Futures Rise, Eyes on Earnings and Jobs Data

May 2, 2024 0
U.S. stock index futures rose on Thursday following the Federal Reserve's decision to leave interest rates…
Local

Landmark Beach Management Addresses Customers Amid Demolition Plans

May 2, 2024 0
Landmark Beach management has deactivated its app and issued a statement addressing its customers regarding the…
Local

Tinubu Pledges Fair Wages and Improved Welfare for workers

May 2, 2024 0
President Bola Tinubu has affirmed that hardworking Nigerians deserve fair wages and better welfare. This message…
Africa

Tanzania, Kenya resolve poultry export dispute- EAC

May 2, 2024 0
Tanzania and Kenya have finally resolved a trade dispute regarding the export of poultry and poultry products…
Business

NLC labels FG’s 35% salary increase mischievous

May 2, 2024 0
The National President of the National Labour Congress (NLC), Joe Ajaero, has criticized the federal government's…
Local

FG approves 25%-35% salary increase for civil servants in Nigeria

May 2, 2024 0
The Federal Government has approved a salary increase ranging from 25% to 35% across various salary structures,…
Local

Extradition papers for escaped Binance executive ready – Interpol 

May 2, 2024 0
The International Criminal Police Organization for Africa (INTERPOL Africa) has finalized the extradition papers…
Local

Lagos State Uncovers 86 rooms under Ikoyi bridge where tenants pay N250,000 rent  

May 2, 2024 0
The Lagos State government has uncovered a network of makeshift apartments beneath the Dolphin Estate Bridge in…
Africa

ECOWAS warns West African countries against being proxy frontiers of foreign…

May 2, 2024 0
The Economic Community of West African States (ECOWAS) Council of the Wise, chaired by former Nigerian president…
Banking

FCMB Group records 186% profit growth

May 2, 2024 0
FCMB Group Plc has announced a remarkable increase in profit before tax, reaching N104.4 billion, marking a…
Local

Banks close 2m accounts over BVN, NIN, others

May 2, 2024 0
Commercial banks in Nigeria closed more than 2 million bank accounts in the first quarter of 2024 to adhere to…
Finance

Pension Fund Managers Increase Stock Investments to N550 bn

May 2, 2024 0
In the first three months of 2024, pension fund managers in Nigeria purchased Nigerian stocks worth N550 billion,…
Business

Coastal Highway: FG pays N2.75bn compensation for demolished properties

May 2, 2024 0
During a meeting at Eko Hotel and Suites in Lagos, David Umahi, the Minister of Works, announced that the Nigerian…
Local

Uganda secures $295m loan from Islamic Development Bank for projects

Apr 30, 2024 0
Uganda has recently finalized a deal with the Islamic Development Bank (IDB) in Saudi Arabia, obtaining a loan of…
Business

Musk dismisses two senior Tesla executives, plans further layoffs

Apr 30, 2024 0
Elon Musk, the CEO of Tesla, has removed two senior executives from their positions and intends to lay off…
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Business

MTN Nigeria Profit Surges to N355.5bn as Data and Fintech Revenue Drive Strong Q1 Growth

Apr 30, 2026
Business

Naira Ends Losing Streak as FX Liquidity Improves, Trades at N1,379/$ Amid Narrowing Market Gap

Apr 30, 2026
Business

Dangote Cement Posts N421.1bn Q1 Profit as Revenue Crosses N1.19 Trillion

Apr 30, 2026
Business

Naira Strengthens Slightly Against Dollar as FX Turnover Surges in Nigerian Foreign Exchange Market

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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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