Business High costs push manufacturing exports down 62% in 4yrs Apr 8, 2024 0 The manufacturing sector's contribution to Nigeria's non-oil exports has experienced a significant decline of 62%!-->…
Agriculture Cashew farmers see low output on harsh harmattan Apr 8, 2024 0 Cashew farmers in Nigeria anticipate a slight decrease in output for the 2024 season due to the severe harmattan!-->…
Business CBN’s policy reforms propel naira to high, but challenges remain Apr 8, 2024 0 The Central Bank of Nigeria (CBN) has successfully implemented most of its long-awaited monetary policy reforms,!-->…
Business U.S. treasury secretary urges China to address global economic concerns Apr 5, 2024 0 U.S. Treasury Secretary Janet Yellen recently highlighted growing worries about China's excessive manufacturing!-->…
World A near-miss cyberattack put US officials and the tech industry on edge Apr 5, 2024 0 Last month, German software developer Andres Freund, employed by Microsoft, made a startling discovery during!-->…
investment Johnson & Johnson to acquire Shockwave medical for $12.5 Billion Apr 5, 2024 0 In a significant move to expand its portfolio of medical devices for heart disease treatment, Johnson &!-->…
Local Indonesia reconsiders export regulations after business group raise concerns Apr 5, 2024 0 Indonesia is reviewing regulations aimed at limiting imports of over 3,000 products, according to a senior trade!-->…
Business Foxconn forecasts revenue growth in Q2 after dip in Q1 Apr 5, 2024 0 Foxconn, the world's largest contract electronics manufacturer and key assembler of Apple's iPhone, anticipates a!-->…
World Canada to raise fees for permanent residency applications Apr 5, 2024 0 Starting April 30, 2024, Canada's immigration department, IRCC, will increase fees for permanent residency!-->…
Local United Capital Plc records 70.9 percent revenue increase Apr 5, 2024 0 United Capital Plc, a prominent financial and investment services company in Nigeria, has experienced a remarkable!-->…
Business Petrol queues returns as NNPC struggles to meet demand Apr 5, 2024 0 Motorists in certain parts of Lagos encountered renewed queues at petrol stations on Thursday, attributed to!-->…
Commodities Nigeria’s raw material imports surge by 25% Apr 5, 2024 0 In 2023, imports of raw materials into Nigeria witnessed a substantial increase of 25%, totaling N3 trillion, as!-->…
Stock Stock market sees investor losses on bearish trading Apr 5, 2024 0 Stock investors faced losses totaling N252 billion as the Nigerian Exchange sustained a bearish trend on Thursday,!-->…
investment Ekiti varsity unveils N1bn agro-tech fund Apr 5, 2024 0 Dr. Tunji Olowolafe, the Chancellor of Ekiti State University, has announced the establishment of a N1 billion!-->…
Stock FG to issue foreign currency denominated bonds in June Apr 5, 2024 0 The Federal Government has announced intentions to launch domestic bonds denominated in foreign currency in the!-->…
Banking Stanbic IBTC bank upgrades mobile app Apr 5, 2024 0 Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, introduced an upgraded version of its mobile app!-->…
Business Less than 30% of taxable citizens pay tax in Nigeria Apr 5, 2024 0 The Christian Aid UK Nigerian Programme has disclosed that less than 30% of taxable citizens in Nigeria contribute!-->…
Local ThinkBusiness Africa faults proposed sugar tax hike Apr 5, 2024 0 ThinkBusiness Africa, an economic analysis and policy advocacy group, has raised concerns regarding the assertions!-->…
World US employment boom leaves factory workers behind Apr 4, 2024 0 The Ariens Company, famous for its bright orange snow blowers and lawnmowers, had a tough time last summer when!-->…
Market US has not asked India to cut Russian oil purchases, American official says Apr 4, 2024 0 The United States hasn't told India to stop buying oil from Russia. Instead, they want to make sure the global oil!-->…
Business Global markets watchdog proposes closer scrutiny of stock exchanges Apr 4, 2024 0 The International Organization of Securities Commissions (IOSCO) suggested new guidelines on Thursday to help!-->…
World Japanese companies agreed on biggest wage hike in 33 years, union group says Apr 4, 2024 0 A group of Japanese companies have agreed to increase wages by 5.24% this year, according to Rengo, the country's!-->…
Local Customs Q1 revenue surpasses N1tn Apr 4, 2024 0 The Nigeria Customs Service (NCS) has announced a significant increase in its revenue for the first quarter of!-->…
Business African airlines lead global air cargo demand growth in Feb. 2024 Apr 4, 2024 0 A new report by the International Air Transport Association (IATA) has revealed that African airlines experienced!-->…
Business SME agency tightens credit facility process for small businesses Apr 4, 2024 0 The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has implemented a new selection process!-->…
Business Nigeria’s business activity remains steady in March: Stanbic Apr 4, 2024 0 According to the latest Purchasing Managers' Index (PMI) published by Stanbic IBTC, business activities in Nigeria!-->…
Business Transcorp plc reports 93% profit growth in 2023 Apr 4, 2024 0 Transnational Corporation Plc (Transcorp) witnessed a substantial increase in its profit before tax, soaring by!-->…
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!-->…