Nigeria Achieves Milestone Shipment to Kenya Under AfCFTA
The Nigeria Customs Service (NCS) has successfully facilitated the first shipment from Nigeria to Kenya under the…
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Nigerian Court Issues Arrest Warrant for Dana Air Managing Director Over Fraud…
A Federal High Court in Abuja has ordered the arrest of Hathiramani Ranesh, the Managing Director of Dana Air, due…
Cash Scarcity in Kano State Impacts on Residents and Businesses
Residents and Point of Sale (POS) operators in Kano State are expressing deep concern over a persistent cash…
Naira appreciates to N1,725/$ in parallel market
The Naira saw a slight appreciation in the parallel market on Monday, rising to N1,725 per dollar from N1,735 last…
Petrol Price: Marketers set to import cheaper products
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has emphasized its intention to…
Nigeria’s economy on new investments threshold
The Nigerian Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, expressed confidence…
Schneider Electric Achieves New Cybersecurity Milestone for Data Center Management
Schneider Electric, a leader in energy management, has achieved a significant cybersecurity milestone with its…
How the US Election Outcome Could Impact Nigeria
With the U.S. presidential election approaching, Nigerian analysts weigh the potential impacts of either Donald…
FBN Holdings Launches N150 Billion Rights Issue to Strengthen Lending and Digital…
FBN Holdings is set to raise N150 billion from its shareholders through a rights issue, offering nearly six…
Foreign Inflows Surge in Nigeria’s Forex Market Amid Currency Challenges
In a significant turnaround, the Nigerian Autonomous Foreign Exchange Market (NAFEM) has reported total inflows…
Nigerian Shippers’ Council Saves N40 Billion and Aims for $10 Billion Investment
The Nigerian Shippers’ Council (NSC) announced significant economic savings of over N40 billion in the past year,…
United Nigeria Airline Partners with Cronos Aviation to Establish MRO Facility and…
United Nigeria Airlines (UNA) has signed a Memorandum of Understanding (MoU) with Cronos Aviation, an…
Nigeria’s Foreign Exchange Market Faces Ongoing Challenges Despite Recent…
Despite efforts by the Central Bank of Nigeria (CBN) to stabilize the foreign exchange (FX) market, Fitch Ratings…
Beiersdorf Clarifies Discontinuation of NIVEA Deodorant Amid NAFDAC Safety Alert
Beiersdorf, the German multinational known for its NIVEA Black & White Invisible Roll-on deodorant, has…
Access Holdings grows revenue by 114.5% to N3.4tr in Q3
Access Holdings Plc, the parent company of Access Bank Nigeria, reported a remarkable 114.5% year-on-year increase…
FCT Residents Demand Reduction in High Electricity Tariffs Amid Economic Hardship
Many residents in Nigeria's Federal Capital Territory (FCT) have urged the Federal Government to lower the…
Nigerian Manufacturers Urge Government Intervention Amid Economic Challenges
The Chemical and Non-Metallic Products Employers Federation (CANMPEF) has urged the Nigerian government to declare…
Africa Oil secures 20-year renewal for Nigeria’s Agbami oil field
Africa Oil Corp., a Canadian oil and gas firm, has obtained a 20-year renewal for its Petroleum Mining Lease 52…
Nigerians paid N40bn as road taxes to states in 2023
Nigerians contributed N40.14 billion in road taxes to state governments in 2023, reflecting a 63.36% increase from…
Nigerian Per Capita Income Drops 72.8% to 20-Year Low Amid Policy Missteps
Nigeria’s per capita income has plummeted by 72.8% since 2014, hitting its lowest point since 2004. This stark…
Government allocates N18bn compensation for Lagos-Calabar highway
The Nigerian Minister of Works, David Umahi, announced that N18 billion has been allocated to compensate property…
Legal attacks are slowing SEC rulemaking in a crucial election year
The U.S. Securities and Exchange Commission (SEC) has experienced a significant slowdown in rulemaking since…
Robinhood shares drop as growth push takes a toll on Q3 results
Robinhood Markets, Inc. saw its shares plummet nearly 11% before the market opened on October 31, following a…
NSITF Expands Employees Compensation Scheme to Include Informal Sector Workers
The Nigeria Social Insurance Trust Fund (NSITF) is enhancing the security and welfare of informal sector workers…
IPMAN Negotiates Petrol Supply with Dangote Refinery Amid Price Hikes
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is in talks with Dangote Refinery to establish…
Minority shareholders laud NAICOM’s takeover of African Alliance Insurance
The National Insurance Commission (NAICOM) has dismissed the board and management of African Alliance Insurance…
Kia Motors Nigeria Supports AFC Africa Fighting Championship 2024
Kia Nigeria proudly supported the African Fighting Championship (AFC) 2024, held on October 26 at Abuja's National…
TCN restores power in parts of Northern states
The Transmission Company of Nigeria (TCN) has announced the restoration of bulk power supply to several states in…
NAICOM Sacks Board Management Of African Alliance
The National Insurance Commission (NAICOM) has dismissed the Board and Management of African Alliance Insurance…
Credit to government jumps 90% to N42trn amid rising money supply
In September 2024, Nigeria’s money supply reached an unprecedented N109 trillion, marking a 1.68% increase from…