Local Self-employed Nigerians Increases to 88 percent- NBS Dec 22, 2023 0 The National Beureu of Statiatics revealed in a document titled "Nigerian Lqbour Force Statistics Reports Q2 2023"!-->…
Local Banks, Pos Operators Responsible for Naira scarcity Dec 22, 2023 0 The Acting Director of Communications and Public Relations, Sidi Ali revealed through a statement made on Thursday!-->…
Local Illegal refineries undercovered by Nigeria’s military Dec 22, 2023 0 636 refineries were intercepted from further operations by the Nigerian military and 21m litres of crude oil has!-->…
Local Nigeria’s Unemployment Rate Rises to 4.2% in 2023 Dec 21, 2023 0 Nigeria's unemployment rate has experienced a slight increase, rising to 4.2% in the second quarter of 2023 from!-->…
Local Naira Falls at Official Market Despite Increased Dollar Supply Dec 21, 2023 0 Despite a surge in dollar supply, the official foreign exchange market witnessed a depreciation of the Nigerian!-->…
Local Port Harcourt Refinery Set to Commence Operations Dec 21, 2023 0 The Port Harcourt Refinery, with a combined capacity of 210,000 barrels per day, is poised to begin operations!-->…
Local Flared Gas Worth N696 Billion Can Power Millions of Households Dec 21, 2023 0 BusinessDay's investigation reveals that Nigeria flared natural gas estimated at N696 billion within the first 11!-->…
Local Nigeria’s Total Debt Rises Slightly, Reaches N88 Trillion Dec 21, 2023 0 The Debt Management Office (DMO) report reveals a slight increase in Nigeria's total public debt, reaching N87.91!-->…
Business Maka Secures $2.65M Seed Funding to Drive Fashion and Beauty E-commerce Expansion… Dec 21, 2023 0 African fashion and beauty e-commerce platform, Maka, has successfully raised $2.65 million in seed funding led by!-->…
Local TotalEnergies Commits $6 Billion Investment in Nigeria for Offshore Oil and Gas… Dec 21, 2023 0 TotalEnergies, the French multinational integrated energy and petroleum company, has pledged a significant!-->…
Africa Angola Announces Exit from OPEC Amid Quota Dispute Dec 21, 2023 0 Angola, the second-largest crude producer in Africa, has officially declared its departure from the Organization!-->…
Africa Kenyan Unit Trusts Increase Annual Returns to Attract Investments Amid Elevated… Dec 20, 2023 0 Kenyan unit trusts are boosting their annual returns to remain competitive with the heightened rates offered on!-->…
Africa Kenyan Regulator Fines Carrefour Franchise $7.2 Million for Market Power Abuse Dec 20, 2023 0 The Competition Authority of Kenya (CAK) has imposed a record $7.2 million fine on a Carrefour franchise in Kenya!-->…
Africa Central Bank of Kenya Faces Challenge as it Seeks to Control Government Borrowing… Dec 20, 2023 0 The Central Bank of Kenya (CBK) is encountering a significant test in its efforts to manage the cost of!-->…
Local Delta State Government, NNPC, and UTM Offshore Sign Historic Agreement for… Dec 20, 2023 0 Delta State Government, Nigerian National Petroleum Company Limited (NNPC), and UTM Offshore Ltd have officially!-->…
Local Tony Elumelu-Backed Firms Lead in Stock Returns on NGX in 2023 Dec 20, 2023 0 Among the 30 most capitalized companies on the Nigerian Exchange Limited (NGX), entities associated with!-->…
Local Presidential Initiative: N75 Billion MSME Loans Disbursement Set to Begin in… Dec 20, 2023 0 In a strategic collaboration between the Presidency and the Bank of Industry (BOI), a groundbreaking initiative!-->…
Local Naira Resilience and Stock Market Surge: Exploring Factors Amidst Federal… Dec 20, 2023 0 Amidst the Federal Government's plans to digitize foreign exchange (FX) transactions, the Nigerian Naira has!-->…
Local NCC Mandates Full SIM Blockage: Nigeria’s Telecom Operators Set to Enforce… Dec 20, 2023 0 The Nigerian Communications Commission (NCC) has issued a directive to telecommunications operators, including!-->…
Local Nigeria Labour Congress Raises Alarm Over Cash Scarcity, Threatens Public Protest Dec 20, 2023 0 With just five days to Christmas, the Nigeria Labour Congress (NLC) has voiced concerns over the prolonged cash!-->…
Local Dangote Oil Refinery Receives Two Million Barrels of Crude, Set to Commence… Dec 20, 2023 0 The Dangote Oil Refining Company, a $19 billion project, is on the brink of commencing petroleum product!-->…
Business Volcanic Eruption in Iceland: Thousands Evacuated as Lava Flows and Ash Billows Dec 19, 2023 0 Approximately 4,000 people were evacuated from the fishing town of Grindavik in Iceland following a volcanic!-->…
Business OpenAI Enhances Safety Measures: Introducing Safety Advisory Group and Updated… Dec 19, 2023 0 OpenAI, a prominent AI development company, is taking significant steps to strengthen its internal safety!-->…
Business Nikola’s Founder, Trevor Milton, Sentenced to Prison for Fraud – A… Dec 19, 2023 0 Trevor Milton, the founder of Nikola Corporation, has been sentenced to prison after being convicted of fraud. The!-->…
Business Elon Musk Challenges Climate Alarmism: Advocates Pragmatism and Sustainability at… Dec 19, 2023 0 Elon Musk, CEO of Tesla, addressed a right-wing summit organized by the Brothers of Italy party in Rome,!-->…
Local Stock Market Edges Up 0.02% on Surge in Buying Interest: Transcorp Hotels and… Dec 19, 2023 0 The Nigerian Exchange Limited (NGX) witnessed a modest positive start to the week, with the stock market gaining!-->…
Local Nigeria’s Inflation Hits 28.20% in November, Highest Since 2016 Dec 15, 2023 0 Nigeria's annual inflation has surged to 28.20% in November, up from 27.33% in October, as reported by the!-->…
Africa TotalEnergies to Construct 216MW Solar Plant with Battery Storage in South Africa Dec 15, 2023 0 TotalEnergies (TTEF.PA) announced on Friday its readiness to commence the construction of a groundbreaking!-->…
Local Foreign Investors Crucial as Nigeria Grapples with Economic Challenges Dec 15, 2023 0 Despite its sizable population, Nigeria's contribution to the total revenues of multinational corporations!-->…
Local Nigeria’s Naira Devaluation Fails to Boost Non-Oil Exports, Highlighting… Dec 15, 2023 0 Despite the significant devaluation of the Nigerian naira since June, the country's non-oil exports remain!-->…