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!-->…
Local 10 Of 39 MDAs scored above 50% in business facilitation — PEBEC Apr 22, 2024 0 The Presidential Enabling Business Environment Council (PEBEC) has revealed that only 10 out of 39 government!-->…
Finance FG expects $2.2 billion World Bank loan and AfDB budget Apr 22, 2024 0 The Federal Government of Nigeria anticipates receiving a $2.2 billion single-digit interest loan from the World!-->…
Finance Transcorp hotel reports 36.2% revenue growth Apr 22, 2024 0 Transcorp Hotel Plc has revealed a notable increase of 36.2% in its revenue for the year 2023. During a!-->…
Local Dana Air introduces health initiatives for staff and customers Apr 22, 2024 0 Dana Air, a prominent Nigerian airline plans to host health talks and screenings for staff and regular customers,!-->…
Banking Massive banking stocks sell-off persists Apr 22, 2024 0 The banking sector witnessed a significant sell-off last week ahead of the Central Bank of Nigeria's (CBN)!-->…
Banking FG to commercialize FMBN to enhance housing delivery Apr 22, 2024 0 The Federal Government says it is reviewing loans and projects estimated at $500m executed by the Nigerian Content!-->…
Local FG reviews $500 million loans and projects by NCDMB Apr 22, 2024 0 The Federal Government is conducting a review of loans and projects totaling $500 million executed by the Nigerian!-->…
Business Aviation threatens strike over aviation agencies’ revenue deduction Apr 22, 2024 0 The Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) has issued a threat of industrial action!-->…
Business Afriland Properties records 34% increase in profit Apr 22, 2024 0 Afriland Properties Plc, a property management, investment, and development company, has reported a profit before!-->…
Africa Sub-Saharan Africa incomes falling further behind rest of world, says IMF Apr 19, 2024 0 The International Monetary Fund (IMF) has highlighted that incomes in Sub-Saharan Africa are falling further!-->…
Africa Risk sensitive South African rand weakens as geopolitical tensions bite Apr 19, 2024 0 South Africa's rand experienced volatility in early Friday trading following reports of an Israeli attack on Iran,!-->…
Business Ghana deal with bondholders ‘a matter of time’, says IMF official Apr 19, 2024 0 An IMF official stated that Ghana reaching a restructuring agreement with holders of its international bonds is!-->…
Business Report shows FG may criminalise fiber cable damage -Report Apr 19, 2024 0 Nigeria is taking steps to make it a crime to damage broadband fiber cables following complaints from major!-->…
Business SEC vows to block illicit funds in capital market Apr 19, 2024 0 The Securities and Exchange Commission (SEC) is taking a firm stance against the influx of illicit funds into the!-->…
Business Banks set for aggressive dividend payouts- Report Apr 19, 2024 0 A report by Ernst and Young Global Limited (EY) suggests that Nigerian banks are gearing up for robust dividend!-->…