Business Fed Governor Hints at Higher Borrowing Costs May 24, 2024 0 Federal Reserve Governor Christopher Waller has sparked discussions about a possible change in the interest rate!-->…
Local Brazil’s Petrobras approves Chambriard as new CEO May 24, 2024 0 Brazil's state-owned oil giant Petrobras has a new leader: Magda Chambriard. Her appointment follows the!-->…
Business CBN’s 26.25% interest rate will compound high cost of doing business in Nigeria –… May 24, 2024 0 The Manufacturers Association of Nigeria (MAN) is expressing strong concerns over the Central Bank of Nigeria's!-->…
Business Landmark Beach Demands N42 Billion Compensation After Demolition May 24, 2024 0 The management of Landmark Beach is seeking N42 billion in compensation from the Nigerian Federal Government!-->…
investment Government Invests N110 Billion in Young Entrepreneurs May 24, 2024 0 The Nigerian government has announced a significant investment in young entrepreneurs. The Federal Executive!-->…
Fintech Nvidia Co-Founder Surpasses Walmart Waltons in Wealth May 24, 2024 0 Jensen Huang, co-founder of Nvidia, has become a symbol of the booming tech industry's growing influence. Thanks!-->…
Finance AfDB Pours $1.44 Billion into Nigeria’s Infrastructure Development May 24, 2024 0 The African Development Bank (AfDB) is stepping up its support for Nigeria's infrastructure needs with a!-->…
Local Social economic problems may push 51.6% males to migrate — NBS survey May 24, 2024 0 A new report by the National Bureau of Statistics (NBS) paints a concerning picture of potential migration!-->!-->!-->…
Commodities Prices of basic food items rise 140% — NBS May 24, 2024 0 Nigerians are facing a significant rise in food prices, according to the latest report by the National Bureau!-->!-->!-->…
investment Dangote Calls for More Investment in Africa’s Industries, Not Just Resources May 24, 2024 0 Aliko Dangote, president of Dangote Industries Limited, is urging increased investment in African industries.!-->…
Commodities Kerosene Prices Jump to N1,439.64/ltr: North Central Hit Hardest May 24, 2024 0 The cost of kerosene, a vital fuel for many Nigerian households, has risen significantly. According to the!-->!-->!-->…
Business Manufacturer’s Confidence on the Rise in Nigeria May 24, 2024 0 Nigeria's manufacturing sector is showing signs of optimism for the first time in nearly two years. A survey by!-->…
Investing Ajaokuta steel revival attracts $10 billion investment, says Minister Audu May 24, 2024 0 There's good news for Nigeria's steel industry! The government has reportedly secured potential investments!-->…
Market Google Eyes HubSpot Acquisition to Challenge Microsoft in Cloud Software May 23, 2024 0 Google's parent company, Alphabet, is reportedly considering acquiring HubSpot, a marketing software company!-->…
Business Boeing faces ‘long road’ on safety issues, US FAA says May 23, 2024 0 The head of the Federal Aviation Administration (FAA) has cast doubt on Boeing's ability to quickly resolve safety!-->…
Business BHP Determined to Seal Anglo American Deal Despite Concerns May 23, 2024 0 BHP, the world's largest mining company, remains committed to its proposed takeover of Anglo American. Despite!-->…
Business Tier-1 Nigerian banks earn N392 billion from electronic business May 23, 2024 0 Nigeria's top tier-1 banks are reaping significant rewards from the growing popularity of electronic transactions.!-->…
Market International Breweries Gets SEC Nod for N588 Billion Rights Issue to Ease Debt… May 23, 2024 0 International Breweries has secured approval from the Nigerian Securities Exchange Commission (SEC) to proceed!-->…
Business Nigerian businesses need single-digit interest rate to grow economy – CPPE May 23, 2024 0 Nigeria's central bank (CBN) has raised interest rates for the third time in 2024, in a bid to control high!-->…
Business Techstars CEO Maëlle Gavet Steps Down Due to Health Reasons May 23, 2024 0 Techstars CEO Maëlle Gavet announced her resignation from the company, effective at the end of May, citing health!-->…
Business BoI Disburses N496bn To MSMEs, Creates 2m Jobs May 23, 2024 0 Nigeria's Bank of Industry (BoI) defied economic downturn by disbursing N496 billion to bolster Micro, Small and!-->…
Banking Jaiz Bank Posts N11bn Profit Before Tax May 23, 2024 0 Jaiz Bank Plc announced impressive financial results for 2023 and the first quarter of 2024. Their profit before!-->…
Business Azura Power Launches 20kW Solar System To Commemorate Children’s Day May 23, 2024 0 Azura Power West Africa is bringing the light of education to the Knosk Charity School in Kuje with a 20 kW solar!-->…
Business AIMAN Seeks Review Of 50% IGR Deduction From Aviation Agencies May 23, 2024 0 The Aeronautical Information Management Association of Nigeria (AIMAN) is lobbying for the Nigerian Airspace!-->…
Business Turkish Airlines sacks 7 Nigerian staff over $600,000 ticket racketeering May 23, 2024 0 Turkish Airlines fired seven Nigerian staff members for allegedly costing the airline over $600,000 through!-->…
Stock Nigerian Treasury Bill Rates Unresponsive to CBN Interest Hike May 23, 2024 0 Despite a recent hike in interest rates by Nigeria's Central Bank, rates on one-year treasury bills remained!-->…
Business Nigeria’s $1trn transactions to get new AI-based defence May 23, 2024 0 Nigeria is stepping up its fight against financial fraud as the volume of electronic transactions explodes. With!-->…
Currency Naira Holds Steady Against Dollar Despite CBN Rate Hike May 23, 2024 0 The Nigerian Naira remained stable against the dollar at the official foreign exchange market on Wednesday, even!-->…
Business Diesel price rises 68% to N1,415.06/ltr May 23, 2024 0 The cost of diesel fuel in Nigeria has jumped dramatically, with a year-on-year increase of 68% to N1,415.06 per!-->…
Business Microsoft’s AI Deal with UAE Raises Security Concerns, Lawmakers Seek More… May 23, 2024 0 Microsoft's deal with G42, a UAE-backed AI company, is raising eyebrows over potential national security risks.!-->…