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Seplat to deliver 13 new oil, gas wells in 2024
Seplat Energy Plc has revealed its drilling program for 2024, aiming to deliver 13 new oil and gas wells across!-->…
Nestle Grows Sales By 43%, Earns N183.5bn In Q1
Nestle Nigeria Plc has recorded a significant 43.4 percent Year-on-Year increase in revenue for the first quarter!-->…
Cash deposit in banks increase by 66%
Customers' deposits in Nigeria's leading deposit money banks witnessed a remarkable 66 percent Year-on-Year!-->…
Cadbury Nigeria Reports 43% Revenue Increase in Q1’24
Cadbury Nigeria Plc has disclosed a notable revenue of N23.695 billion for the first quarter ended March 31, 2024!-->…
SEC Plans to Delist Naira from P2P Crypto Trading to Curb Manipulation
Dr. Emomotimi Agama, the Acting Director General of the Securities and Exchange Commission (SEC), has announced!-->…
Meeting between Blockchain industry and SEC Director General rescheduled
A meeting planned between key players in the blockchain industry and the Director General of the Securities and!-->…
Naira in circulation reaches N3.87 trillion
The amount of money in circulation in Nigeria has reached N3.87 trillion by the end of March, as per data from the!-->…
FMBN adopts performance management system for workers
The Federal Mortgage Bank of Nigeria (FMBN) has introduced a performance management system to assess the!-->…
Transcorp plans share capital reduction
Transnational Corporation Plc has announced plans to reduce its number of shares through a share capital!-->…
DRC President praises Russia and China for transparent partnerships
Democratic Republic of Congo (DRC) President Felix Tshisekedi has lauded Russia and China for their transparent!-->…
Paramount Global in talks with Sony, Apollo over acquisition
Paramount Global has initiated negotiations with Sony and Apollo Global Management for potential acquisition!-->…
Dependents from Nigeria to UK increased from 1,500 to 52,000 in 2 years — British…
Richard Montgomery, the British High Commissioner to Nigeria in an interview with the News Agency of Nigeria (NAN)!-->…
NDLEA smashes international drug syndicate, seizes suitcases of ‘loud’ in MMIA,…
The National Drug Law Enforcement Agency (NDLEA) successfully dismantled an international drug syndicate operating!-->…
Cyberattacks: Ransomware payments globally surge by 500% in 2023—Report
A recent report from cybersecurity firm Sophos revealed a significant increase in ransom payments by companies!-->…
NGX Starts May Strong, Investors Gain N303 Billion
The Nigerian Exchange Limited (NGX) began May with a positive trend, as the All-Share Index rose by 0.55%, gaining!-->…
BUA Cement continues with its profit decline streak in Q1 2024
BUA Cement Plc released its financial results for Q1 2024, revealing a pre-tax profit decrease of 39.97% to!-->…
DSTV Tariff Hike: Court Orders Lawyer To Paste Restraining Order At MultiChoice…
The Competition and Consumer Protection Tribunal in Abuja has directed MultiChoice Nigeria Limited to halt its!-->…
Fuel Scarcity: 9,000 oil marketers face license loss, IPMAN appeals for extension
As Nigerians grapple with fuel scarcity, over 9,000 oil marketers are at risk of losing their operating licenses.!-->…
FG mandates stamp duty charge on mortgage
The Federal Government has instructed Deposit Money Banks to commence the deduction of a 0.375 per cent stamp duty!-->…
Petrol Scarcity: 7 Vessels Stranded at Escravos Channel”
The current petrol supply crisis in Nigeria has been attributed to seven daughter vessels, collectively carrying!-->…
CBN worries over declining economic activities
The Central Bank of Nigeria (CBN) has expressed worry over the recent decline in economic activities in the!-->…
Google faces closing arguments in US market power trial
The U.S. government is set to present its antitrust case against Alphabet's Google in closing arguments on!-->…
Landmark Beach Management Addresses Customers Amid Demolition Plans
Landmark Beach management has deactivated its app and issued a statement addressing its customers regarding the!-->…
Tanzania, Kenya resolve poultry export dispute- EAC
Tanzania and Kenya have finally resolved a trade dispute regarding the export of poultry and poultry products!-->…
NLC labels FG’s 35% salary increase mischievous
The National President of the National Labour Congress (NLC), Joe Ajaero, has criticized the federal government's!-->…
FCMB Group records 186% profit growth
FCMB Group Plc has announced a remarkable increase in profit before tax, reaching N104.4 billion, marking a!-->…
Pension Fund Managers Increase Stock Investments to N550 bn
In the first three months of 2024, pension fund managers in Nigeria purchased Nigerian stocks worth N550 billion,!-->…
Coastal Highway: FG pays N2.75bn compensation for demolished properties
During a meeting at Eko Hotel and Suites in Lagos, David Umahi, the Minister of Works, announced that the Nigerian!-->…
Musk dismisses two senior Tesla executives, plans further layoffs
Elon Musk, the CEO of Tesla, has removed two senior executives from their positions and intends to lay off!-->…
Quinn, architect of HSBC’s sweeping overhaul, announces surprise exit
HSBC, a global banking giant, announced the retirement of its Chief Executive, Noel Quinn, after five years of!-->…