Business Youths’ anger shows up in SIM-NIN validation Jul 31, 2024 0 On Monday, Nigerians protested aggressively against telecom companies that blocked lines not linked to the!-->…
Business Airlines fly lucrative routes as plane shortage lingers Jul 31, 2024 0 Nigerian airlines are adjusting their flight schedules to prioritize busy airports due to a shortage of aircraft.!-->…
Business MTN declares N519bn loss in H1 on inflation, weak naira Jul 31, 2024 0 MTN Nigeria Communications Plc has reported a significant loss after tax of N519.1 billion for the first half of!-->…
Business Bitcoin dips as Mt. Gox moves $8.6 billion ahead of looming payouts to creditors Jul 31, 2024 0 Mt. Gox, the defunct cryptocurrency exchange, recently executed a significant transaction involving over $2!-->…
investment Lagos State Partners with PMI to Boost Project Management Efficiency Jul 31, 2024 0 The Lagos State Government has formalized a partnership with the U.S.-based Project Management Institute (PMI) to!-->…
Business 9mobile customers groan as network is down for over 3 days Jul 31, 2024 0 Customers of 9mobile are experiencing significant frustration due to a prolonged network outage that has affected!-->…
Local Naira falls to 1,621/$ at official market Jul 31, 2024 0 The naira fell to a four-month low on Tuesday, trading at N1621.12/$ at the official window, down from N1611.40/$!-->…
Local FBN Holdings reports half year pre-tax profit of N411.9 billion Jul 31, 2024 0 FBN Holdings reported a record pre-tax profit of N177.79 billion for the second quarter of 2024, an 18.9% increase!-->…
Business Customers besiege banks to reactivate dormant accounts Jul 31, 2024 0 Bank customers have been visiting their banks to reactivate dormant accounts in response to new Central Bank of!-->…
Features The AfCFTA Protocols on Intellectual Property and Patent Protection for Businesses… Jul 30, 2024 0 The African Continental Free Trade Area (AfCFTA) is a landmark initiative aiming to establish a single market for!-->…
Business Morning Bid: Microsoft and job openings to hit pre-Fed vigil Jul 30, 2024 0 This week, U.S. and global markets are focused on several significant events, starting with Microsoft's quarterly!-->…
World Commodities fall, stocks nervy ahead of Fed, BOJ rate decisions Jul 30, 2024 0 Oil prices fell to their lowest since early June, with Brent crude dropping to $79.34 per barrel as concerns about!-->…
Local Merck cuts annual profit forecast Jul 30, 2024 0 Merck & Co has revised its full-year earnings forecast downward to $7.94 to $8.04 per share, from the previous!-->…
Local Zenith Bank Finalises Plans For N290bn Rights Issue, Public Offer Jul 30, 2024 0 Zenith Bank Plc is set to raise a substantial N290 billion through a combined Rights Issue and Public Offer. This!-->…
Business Why CBN Wants To Take Over Dormant Account Balances From Banks Jul 30, 2024 0 The Central Bank of Nigeria (CBN) has introduced new guidelines to manage dormant accounts and unclaimed funds in!-->…
Business Customs declares N2.74trn H1 revenue, surpasses target by 8% Jul 30, 2024 0 The Nigeria Customs Service (NCS) collected N2.74 trillion in the first half of 2024, surpassing its target of!-->…
Local NAMA Halts Increase in Airline Fees to Ease Economic Strain Jul 30, 2024 0 The Nigerian Airspace Management Agency (NAMA) has stopped its plan to raise navigational charges for airlines.!-->…
Energy Nigeria’s spending on jet fuel importation falls 87% to N31bn Jul 30, 2024 0 Nigeria's spending on jet fuel fell sharply by 87% in the first quarter of 2024, dropping to N31 billion from!-->…
Business SEC approves extension of Fidelity Bank offer by 14 days Jul 30, 2024 0 The Securities and Exchange Commission (SEC) has allowed Fidelity Bank to extend its Public Offer and Rights Issue!-->…
Business Nigerians risk layoff as top UK aid supplier faces collapse Jul 30, 2024 0 Crown Agents, a long-established UK development contractor, is facing collapse due to severe financial issues.!-->…
Business Naira crude sale ends 20-year-old opaque supply market Jul 30, 2024 0 The Nigerian government will start selling crude oil in naira to local refineries like Dangote's, ending a!-->…
Local Nestle’s woes continue as pre-tax loss hit N252.5 billion in 2024 half-year Jul 30, 2024 0 Nestle Nigeria reported a net loss of N176.9 billion for the first half of 2024, a sharp increase from the N49!-->…
Business NAMA Suspends Planned 800% Hike In Navigation Charges For Airlines Jul 30, 2024 0 The Nigerian Airspace Management Agency (NAMA) has suspended its planned 800% increase in aircraft navigational!-->…
Business Power sector strained as Togo, Benin, others owe Nigeria $14.19m for electricity… Jul 29, 2024 0 The Nigerian Electricity Regulatory Commission (NERC) reported that none of the four international bilateral!-->…
Fintech Competition toughens as 9Mobile gets new owner Jul 29, 2024 0 9Mobile has faced significant challenges since Etisalat Abu Dhabi exited the Nigerian market in 2017 over a $1.2!-->…
Local Netflix, Google, Microsoft increase naira prices on inflation Jul 29, 2024 0 Due to escalating inflation and the devaluation of the naira, major technology firms like Netflix, Google, DSTV,!-->…
Business Morocco, SA, Egypt dwarf Nigeria’s $210m auto industry Jul 29, 2024 0 Nigeria's $210 million automotive industry lags behind peers such as Morocco, South Africa, and Egypt due to low!-->…
Local Ecobank Ordered to Pay Over N1 Billion to Former Oceanic Bank Employees Jul 29, 2024 0 The National Industrial Court in Lagos has mandated Ecobank Nigeria Limited to pay N1,086,611,589.11 to 1,742!-->…
Commodities Fuel Rises To N1,300/Litre As Depots Run Dry Jul 29, 2024 0 Fuel scarcity has hit Nigeria hard, causing long queues at petrol stations in major cities like Lagos, Ogun,!-->…
Business Oil Producing Communities Threaten To Shut Down All Pipeline Facilities Over… Jul 29, 2024 0 The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) has issued a warning that it will renew agitation!-->…