Local Credit to government rises by 42% to N28.4trn Jul 2, 2024 0 Credit to the Nigerian government experienced a substantial month-on-month increase of N8.4 trillion, rising by 42!-->…
World Australia raises international student visa fees by 225% to prevent migration Jul 2, 2024 0 Australia has significantly increased student visa application fees from $710 to $1,600, effective July 1, 2024,!-->!-->…
Business Best performing stocks in the NGX in the first half of 2024 Jul 2, 2024 0 The Nigerian Exchange (NGX) achieved a significant growth of 33.81% in the first half of 2024, with the All-Share!-->…
Business Coronation Insurance posts 192% profit growth in 2023 Jul 2, 2024 0 Coronation Insurance Plc has reported an impressive year-on-year profit growth of 192% for the fiscal year 2023. !-->!-->…
Business Nigeria’s telecom sector attracts $191.5 million FDIs in Q1 2024 – NBS Jul 2, 2024 0 Nigeria's telecommunications sector attracted $191.5 million in Foreign Direct Investments (FDIs) in Q1 2024. !-->!-->!-->…
Business Dangote refinery begins gasoil exports to West African countries, as imports from… Jul 2, 2024 0 Nigeria’s new Dangote oil refinery is increasing gasoil exports to West Africa, capturing market share from!-->…
Business World Bank Restructures Nigeria Digital ID Project to Ensure $430 Million Funding Jul 2, 2024 0 The World Bank is restructuring Nigeria’s Digital Identification for Development (ID4D) project to secure the full!-->…
Local Toyota to launch three electric vehicles in Nigeria Jul 1, 2024 0 Toyota Nigeria Limited (TNL) announced plans to introduce three electric vehicles in Nigeria over the next three!-->…
Local New Minimum wage may push states into bankruptcy — NGF report Jul 1, 2024 0 The implementation of a new minimum wage in Nigeria is facing roadblocks. While President Tinubu has promised to!-->…
Business NESG Backs CBN’s Stoppage Of Price Verification System On FX Jul 1, 2024 0 The Nigerian Economic Summit Group (NESG) is praising the Central Bank of Nigeria's (CBN) decision to eliminate!-->…
Business MRS Nigeria Delisted from the Nigerian Stock Exchange, Eyes OTC Market Jul 1, 2024 0 MRS Nigeria Limited, an oil marketing firm, has received shareholder approval to voluntarily delist its shares!-->…
Local MTN To Construct West Africa’s Largest Data Centre Jul 1, 2024 0 MTN Nigeria is building the largest data center in West Africa, a signficant development for the country's digital!-->…
Energy Nigeria Removes 5 Oil Blocks from Licensing Round Due to Legal Issues Jul 1, 2024 0 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has removed five (5) oil blocks from the ongoing!-->…
Business Russia’s VTB bank says US sanctions have complicated cross-border… Jun 28, 2024 0 The recent U.S. sanctions on Moscow have significantly affected Russian banks, including VTB, Russia's!-->…
Business Ackman’s Pershing Square USA to offer shares at $50 in NY listing Jun 28, 2024 0 Pershing Square USA, managed by billionaire Bill Ackman, is preparing for its initial public offering (IPO) on the!-->…
Business Aircraft delivery delays having ‘brutal’ impact on Lufthansa, says CEO Jun 28, 2024 0 Carsten Spohr, CEO of Lufthansa (LHAG.DE), revealed at a business press club in Stuttgart that ongoing aircraft!-->…
Business Italy claims 1 billion euros in unpaid taxes from Google Jun 28, 2024 0 Italy is seeking 1 billion euros ($1.07 billion) from Google in unpaid taxes and penalties, according to three!-->…
Local Nigeria’s cryptocurrency market worth over $400m — SEC DG Jun 28, 2024 0 The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, highlighted the!-->!-->!-->…
Business 220 Drug Suspects Arrested As NDLEA Destroys 14 Cannabis Farms In Edo Jun 28, 2024 0 The Edo State commander of the National Drug Law Enforcement Agency (NDLEA), Mr. Callys Alumona, announced that!-->…
Business Naira Depreciates Further, Exchanges At N1,510/$ Jun 28, 2024 0 The Naira maintained its downward trend, reaching N1,510.10 against the US Dollar as reported by Daily Trust. This!-->…
Business Nigeria Spends N1.47tr On Vehicle Importation Jun 28, 2024 0 Mr. Oluwemimo Joseph Osanipin, Director-General of the National Automotive Design and Development Council (NADDC),!-->…
Technology EFCC Chairman recommends blockchain, AI for tracking and recovering $88.6 billion… Jun 28, 2024 0 Mr. Olanipekun Olukoyede, Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has called!-->…
Business About 60% of applicants have received N50,000 under trade grant scheme — Doris… Jun 28, 2024 0 During the National Economic Council (NEC) meeting at the Presidential Villa, President Tinubu announced!-->…
Local Federal Government Launches Task Force to Tackle Illegal Charter Flights in… Jun 28, 2024 0 The Federal Government has taken decisive action to address the proliferation of unauthorized and illegal charter!-->…
Business VFD Group Obtains Shareholders’ Approval to Raise N30bn Additional Capital Jun 28, 2024 0 At its virtual 8th Annual General Meeting (AGM), VFD Group Plc secured shareholders' approval to raise an!-->…
Business Ethiopian Airlines Group Wins Double Awards in Africa Jun 28, 2024 0 Ethiopian Airlines Group, recognized as Africa's largest airline group, has secured top honors once again at the!-->…
Banking ‘FirstBank Committed to Boost Economy through Creative Arts’ Jun 28, 2024 0 Dr. Timothy Arowoogun, Group Head, Public Sector West of FirstBank of Nigeria (FBN), emphasized the potential of!-->…
Local PalmPay Insists on CAC Registration to Prevent Account Freezing Jun 28, 2024 0 PalmPay is urging its Business users to register and submit their Corporate Affairs Commission (CAC) details by!-->…
Business Microsoft Not Leaving Nigeria – CEO Jun 27, 2024 0 Mrs. Ola William, Managing Director and CEO of Microsoft Nigeria plc, has denied rumors that Microsoft plans to!-->…
Local Dangote refinery: Crude supply crisis threatens oil investments, operators warn FG Jun 27, 2024 0 Modular refineries in Nigeria are facing challenges due to an unreliable domestic crude oil supply, prompting them!-->…