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SMEDAN to empower women-led businesses
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has introduced the "SMEDAN Speed Pitch", a!-->…
NAISU set to kick off, focused on reviving economy
The inaugural Nigeria Auto Industry Summit (NAISU), organized by the Nigeria Auto Journalists Association (NAJA)!-->…
US seeks 36 months’ jail for Binance founder Zhao
U.S. prosecutors have recommended a 36-month prison sentence for Changpeng Zhao, the founder of Binance, the!-->…
UBA, Access, and FBN lead banks in electronic banking revenue increase
United Bank for Africa (UBA) Plc, Access Holdings Plc, and FBN Holdings Plc emerged as the top earners in!-->…
Wale Bolorunduro appointed as new Chairman of LivingTrust Mortgage bank
LivingTrust Mortgage Bank, a Nigerian financial company, has named Wale Bolorunduro as its new chairman, starting!-->…
Transcorp Power welcomes Tuedor-Matthews, Odita as directors
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has named Faith!-->…
$2.1bn reserve depletion: CBN sold only $581m to market — Report
Nigeria's external reserves have decreased by $2.16 billion over the past month, reaching a seven-year low of!-->…
Nestle Nigeria’s Fixed Assets Revalued At N305.4bn
Following foreign exchange losses in 2023 due to the naira depreciation, Nestlé Nigeria PLC has conducted a!-->…
Dangote Refinery slashes diesel, aviation fuel prices to N940 and N980…
Yesterday, the $20 billion Dangote Petroleum Refinery announced further reductions in the prices of diesel and!-->…
Naira depreciates against Dollar, hits N1,234 at official market
The value of the Nigerian naira dropped against the United States dollar, reaching N1,234 at the official foreign!-->…
International Breweries shareholders approve $379.9m loan-to-equity conversion
During an Extraordinary General Meeting, shareholders of International Breweries endorsed a $379.9 million loan!-->…
Naira rebound leads to drop in rice prices across Nigeria
The recent strengthening of the naira against the dollar has brought relief to consumers, with the price of a!-->…
Sportsbet.io welcomes three new ambassadors to Its team
Yolo Group's Sportsbet.io has expanded its team of ambassadors with three new additions, joining the likes of!-->…
Sterling, FCMB, Stanbic see biggest jump in FX gain
While big banks grabbed attention for foreign exchange gains last year, Sterling Financial Holdings Plc, FCMB!-->…
Diop to replace Chaudhuri as World Bank country director for Nigeria
Ndiame Diop, a Senegalese national, is set to assume the position of World Bank Country Director for Nigeria,!-->…
Naira gains to N1,250/$ after CBN sells fresh dollars to BDCs
The Central Bank of Nigeria (CBN) has initiated another round of discounted dollar sales directly to Bureau De!-->…
Nigeria sees 16% drop in POS transactions on bank transfers
Point-of-Sale (POS) transaction values in Nigeria experienced a notable downturn in the first quarter of 2024,!-->…
NNPC resume crude oil production at Awoba field after shutdown
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner, Newcross Exploration!-->…
JAMB to reimburse fees for visually-impaired UTME candidates
The Joint Admissions and Matriculation Board (JAMB) has announced plans to reimburse fees paid for forms by!-->…
Nigeria eyes $30bn from debut forex bond
Nigeria is getting ready to borrow money from international investors by selling its first foreign currency bond.!-->…
Stable Naira appreciation expected to ease Inflation
Analysts predict that the recent stability in Nigeria's foreign exchange market, along with the strengthening of!-->…
10 Of 39 MDAs scored above 50% in business facilitation — PEBEC
The Presidential Enabling Business Environment Council (PEBEC) has revealed that only 10 out of 39 government!-->…
FG expects $2.2 billion World Bank loan and AfDB budget
The Federal Government of Nigeria anticipates receiving a $2.2 billion single-digit interest loan from the World!-->…
Transcorp hotel reports 36.2% revenue growth
Transcorp Hotel Plc has revealed a notable increase of 36.2% in its revenue for the year 2023. During a!-->…
Dana Air introduces health initiatives for staff and customers
Dana Air, a prominent Nigerian airline plans to host health talks and screenings for staff and regular customers,!-->…
Massive banking stocks sell-off persists
The banking sector witnessed a significant sell-off last week ahead of the Central Bank of Nigeria's (CBN)!-->…
FG to commercialize FMBN to enhance housing delivery
The Federal Government says it is reviewing loans and projects estimated at $500m executed by the Nigerian Content!-->…
FG reviews $500 million loans and projects by NCDMB
The Federal Government is conducting a review of loans and projects totaling $500 million executed by the Nigerian!-->…
Aviation threatens strike over aviation agencies’ revenue deduction
The Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) has issued a threat of industrial action!-->…
Afriland Properties records 34% increase in profit
Afriland Properties Plc, a property management, investment, and development company, has reported a profit before!-->…