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Kerosene Prices Jump to N1,439.64/ltr: North Central Hit Hardest
The cost of kerosene, a vital fuel for many Nigerian households, has risen significantly. According to the!-->!-->!-->…
Manufacturer’s Confidence on the Rise in Nigeria
Nigeria's manufacturing sector is showing signs of optimism for the first time in nearly two years. A survey by!-->…
Ajaokuta steel revival attracts $10 billion investment, says Minister Audu
There's good news for Nigeria's steel industry! The government has reportedly secured potential investments!-->…
Tier-1 Nigerian banks earn N392 billion from electronic business
Nigeria's top tier-1 banks are reaping significant rewards from the growing popularity of electronic transactions.!-->…
International Breweries Gets SEC Nod for N588 Billion Rights Issue to Ease Debt…
International Breweries has secured approval from the Nigerian Securities Exchange Commission (SEC) to proceed!-->…
Nigerian businesses need single-digit interest rate to grow economy – CPPE
Nigeria's central bank (CBN) has raised interest rates for the third time in 2024, in a bid to control high!-->…
BoI Disburses N496bn To MSMEs, Creates 2m Jobs
Nigeria's Bank of Industry (BoI) defied economic downturn by disbursing N496 billion to bolster Micro, Small and!-->…
Jaiz Bank Posts N11bn Profit Before Tax
Jaiz Bank Plc announced impressive financial results for 2023 and the first quarter of 2024. Their profit before!-->…
Azura Power Launches 20kW Solar System To Commemorate Children’s Day
Azura Power West Africa is bringing the light of education to the Knosk Charity School in Kuje with a 20 kW solar!-->…
AIMAN Seeks Review Of 50% IGR Deduction From Aviation Agencies
The Aeronautical Information Management Association of Nigeria (AIMAN) is lobbying for the Nigerian Airspace!-->…
Nigerian Treasury Bill Rates Unresponsive to CBN Interest Hike
Despite a recent hike in interest rates by Nigeria's Central Bank, rates on one-year treasury bills remained!-->…
Nigeria’s $1trn transactions to get new AI-based defence
Nigeria is stepping up its fight against financial fraud as the volume of electronic transactions explodes. With!-->…
Naira Holds Steady Against Dollar Despite CBN Rate Hike
The Nigerian Naira remained stable against the dollar at the official foreign exchange market on Wednesday, even!-->…
Diesel price rises 68% to N1,415.06/ltr
The cost of diesel fuel in Nigeria has jumped dramatically, with a year-on-year increase of 68% to N1,415.06 per!-->…
Quadrant MSL COO Retires
Quadrant MSL, a strategic communications firm, is saying goodbye to their COO and Head of Business, Oluwarantimi!-->…
ACMPN to Induct new members at the 2024 Mental Health Awareness Week
The Association for Counsellors Matchmaking & Psychotherapy of Nigeria (ACMPN) is holding a special event from!-->…
Fidelity Bank chair to earn N60m per annum
Big Pay Day for Fidelity Bank BossesFidelity Bank shareholders just voted to give their chairman a big raise! The!-->…
Operators kick as FRSC plans prosecution of reckless drivers
Taxi drivers in Nigeria are unhappy about a new government plan to punish reckless drivers with jail time. They!-->…
Naira slide pushes Dangote diesel to N1,100/litre
The price of diesel from the Dangote Refinery has jumped! It went from N940 per litre in April to N1,100 per litre!-->…
Minimum wage: FG, Labour talks deadlocked, NLC defends N615,000 demand
There are several important stories making the news in Nigeria today. The biggest one is that talks between the!-->…
CBN Raises Interest Rate to 26.25%
The Central Bank of Nigeria (CBN) just announced a rise in interest rates to 26.25%. This means it will be more!-->…
Big Meeting Planned Between Korea and Africa!
There's a big meeting planned between Korea and Africa in early June! This summit is a chance for these two!-->…
Ministry of Marine and Blue Economy set to Harness the Atlantic Ocean
Nigeria has a long coastline on the Atlantic Ocean, packed with resources and potential. To take full advantage of!-->…
Stanbic IBTC Holdings Plans to Raise N550 Billion in New Capital
Shareholders of Stanbic IBTC Holdings Plc have approved a plan to raise N550 billion in new capital. The company!-->…
CBN Faces Tough Choices On Interest Rate, Inflation, Others
The Central Bank of Nigeria (CBN) is at a crossroads, deciding whether to continue raising the benchmark interest!-->…
Foreign Reserves Build Up Despite Naira Volatility
Nigeria's foreign exchange reserves have shown a steady recovery, adding $195.01 million to reach $32.64 billion!-->…
CBN Withdraws Circular on Cybersecurity Levy Collection
The Central Bank of Nigeria (CBN) has retracted its directive that mandated banks and payment service providers!-->…
Afreximbank Reports Net Interest Income Up to 31.73% in Q1
The African Export-Import Bank (Afreximbank) has released its financial results for the first quarter of 2024. Net!-->…
MTN Nigeria CEO Defends Board of Directors’ Remuneration
MTN Nigeria's CEO, Karl Toriola, has defended the remuneration of the company's Board of Directors despite the!-->…
TAJBank Wins Best Islamic Bank in Nigeria Award for 2023
TAJBank Limited, known for its rapid growth in non-interest banking services, has been awarded the "Best Islamic!-->…