Energy Power outages hit Abuja, Lagos, and Nasarawa communities Apr 4, 2024 0 Several communities in Abuja, Lagos, and Nasarawa are currently experiencing power outages as a result of!-->…
Local FX volatility forces 28 changes in Customs duty rate Apr 4, 2024 0 The Nigeria Customs Service (NCS) is grappling with significant challenges due to instability in customs duty!-->…
Business Dangote refinery to reduce dependency on imported petrol by May Apr 4, 2024 0 There are signs that Nigeria's reliance on imported petrol will decrease significantly as the $20 billion Dangote!-->…
Energy NERC announces tariff hike impacting over 1.9 million consumers Apr 4, 2024 0 The Nigerian Electricity Regulatory Commission (NERC) has revealed that a total of 1,974,385 electricity consumers!-->…
Business Dangote sugar refinery launches N50bn commercial paper offer Apr 4, 2024 0 Dangote Sugar Refinery PLC (DSR) has introduced Series 2 and 3 Commercial Paper offers totaling up to N50 billion!-->…
Stock Stock market starts week with bearish trend, investors lose N24.83 Apr 4, 2024 0 The Nigerian Exchange (NGX) All-Share Index began the week's trading on a downward note, shedding 4 basis points!-->…
Business Gabon launches national dialogue for democratic revitalization Apr 3, 2024 0 Gabon has embarked on a historic national dialogue led by President Felix Tshisekedi, marking a significant!-->…
Market Markets brace for federal reserve speech over rate cuts Apr 3, 2024 0 As markets navigate a shaky start to the second quarter, all eyes are on Federal Reserve Chair Jerome Powell's!-->…
Business Virgin Atlantic expects profitability in 2024 Demand Apr 3, 2024 0 Virgin Atlantic anticipates returning to profitability in 2024 following robust revenue growth driven by increased!-->…
Technology China revises car loan policies to boost auto trade-Ins and sales Apr 3, 2024 0 China's central bank has announced revisions to car loan policies aimed at promoting auto trade-ins and scrapping!-->…
World Greece approves purchase of 35 Blackhawk helicopters from Lockheed Martins Apr 3, 2024 0 Greece has greenlit the acquisition of 35 UH-60M Blackhawk helicopters from U.S. defense contractor Lockheed!-->…
Local CBN increases customs exchange rate by 2.1% Apr 3, 2024 0 The Central Bank of Nigeria (CBN) has raised the exchange rate used to calculate Customs duties at the nation's!-->…
Business MTN Nigeria seeks shareholders’ input In capital loss management Apr 3, 2024 0 MTN Nigeria has announced plans to hold an extraordinary general meeting (EGM) with its shareholders later this!-->…
Business FX market roars back to life with $1bn single-day trade Apr 3, 2024 0 On Tuesday, Nigeria's foreign exchange market experienced its highest turnover in a single day since 2017,!-->…
Business Cadbury Nigeria Plc faces N19.09bn loss Apr 3, 2024 0 Cadbury Nigeria Plc, a consumer goods firm, has reported a loss of N19.09 billion after tax for the financial year!-->…
Business Nigeria plans nearly 300% Increase in electricity tariffs Apr 3, 2024 0 The Nigerian government is reportedly considering a significant increase in electricity tariffs, aiming to attract!-->…
Business Dangote refinery’s diesel supply lowers pump prices Apr 3, 2024 0 The pump price of Automotive Gas Oil (diesel) in Nigeria has witnessed a significant drop from around N1,700/litre!-->…
Business Dangote, Adenuga, others maintain top ranks on Forbes billionaire list Apr 3, 2024 0 Despite economic challenges in the country, prominent Nigerian businessmen Aliko Dangote, Mike Adenuga, Abdulsamad!-->…
Banking Banking sector slumps on NGX amid minimum capital requirement Apr 3, 2024 0 The Nigerian banking sector experienced a downturn on the Nigerian Exchange Limited (NGX) yesterday, fueled by!-->…
Business Naira appreciates to N1,270 in parallel market Apr 3, 2024 0 Today, Tuesday, the Naira showed signs of appreciation against the dollar in both the parallel market and the!-->…
World Thailand welcomes 9.4 million foreign tourists in Q4 2024 Apr 2, 2024 0 Thailand's tourism ministry announced on Tuesday that the country recorded 9.4 million foreign tourists in the!-->…
World UBS launches $2 billion share buyback program Apr 2, 2024 0 UBS announced on Tuesday the launch of a new share buyback program worth up to $2 billion, with half of the!-->…
Local Google settles lawsuit, agrees to destroy billions of data records Apr 2, 2024 0 HeadlineGoogle has agreed to destroy billions of data records as part of a settlement to resolve a lawsuit!-->…
World South Asia’s jobs creation lags population growth, says World Bank Apr 2, 2024 0 The World Bank cautioned on Tuesday that job creation in South Asian economies is lagging behind the increase in!-->…
World Frontier airlines operate high-fare markets to improve earnings Apr 2, 2024 0 Frontier Airlines, a U.S. no-frills carrier, is adjusting its strategy to prioritize growth in "high fare" markets!-->…
World Disney gains upper hand in boardroom battle against activist investors Apr 2, 2024 0 Walt Disney (DIS.N) seems to have gained the upper hand in the battle for board seats and the future direction of!-->…
Local Dry weather threatens Ivory Coast cocoa crop Apr 2, 2024 0 Farmers in Ivory Coast, the world's leading cocoa producer, are worried about their cocoa crop due to the lack of!-->…
Local Over 100 companies benefit from tax exemption- NIPC Apr 2, 2024 0 According to the Nigerian Investment Promotion Commission (NIPC), a total of 107 companies are currently receiving!-->…
Business Africa Prudential approve 900m dividends Apr 2, 2024 0 Shareholders of Africa Prudential Plc have given their approval for the payment of N900 million in dividends,!-->…
Business Alternative bank, TK Tech Africa set $500m digital sukuk partnership Apr 2, 2024 0 The Alternative Bank and TK Tech Africa are teaming up to revolutionize financial technology and non-interest!-->…