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Coca-Cola Empowers 1,000 Lagos Women
Coca-Cola Nigeria Limited has announced the completion of its women empowerment programme, tagged ‘Catalyst for…
Experts Blame High Unemployment, Inflation as GDP falls to 4.03%
Nigeria’s recovery from the fallout of the COVID-19 pandemic slowed sharply in the third quarter of this year, with…
Nigeria Leads Africa With $18bn As Global Remittances Hit 7.3%
Nigeria again led the rest of Africa as remittances to low- and middle-income countries are projected to register a…
Obasanjo Advocates Made-in-Africa Brand
A former President of Nigeria, Chief Olusegun Obasanjo, has called for a special ‘Made-in-Africa’ brand to promote…
Fuel Marketers Predict N170/litre, Claim Supply Drop, NNPC Disagrees
The pump price of Premium Motor Spirit, popularly called petrol, may rise from the current N162-N165/litre to…
Nigeria’s GDP Growth Fell To 4.03% In Q3 -NBS
The nation’s economy grew more slowly in the third quarter of the year than it did in the second quarter, according…
NCS To Boost Innovation Among Tech Startups With N50 Million
The Nigeria Computer Society (NCS), the umbrella body for all Information Technology (IT) practitioners in Nigeria,…
FG Raises Power Tariff December, Begins Free Meters Purchase
Power consumers nationwide may start to pay more for electricity, following plans by the Federal Government to…
South Africa’s MTN, IHS In $410m Towers Deal
MTN Group Ltd. and IHS Holdings Ltd. agreed to a 6.4-billion-rand ($410 million) tower-deal in South Africa,…
Nigeria To Exploit $10.5bn Potential In Shipping Industry
With its long coastline, unique location, large oil and gas deposit, large and growing population, among others,…
US Removes Nigeria From Religious Violators’ List
The United States has removed Nigeria from its list of religious violators, even as it blacklisted Russia, China…
Fuel Scarcity Looms Across Nigeria As Abuja Groans
Scarcity of Premium Motor Spirit (PMS) worsened in Abuja, yesterday, amid signs the trend could spread across the…
U.S. FTC Says Court Should Allow Antitrust Lawsuit Against Facebook To Proceed
The U.S. Federal Trade Commission said on Wednesday that a federal court should allow an antitrust lawsuit it filed…
CBN Signs Up 488,000 ENaira Wallets, 78,000 Merchants Globally
Transactions cross N60m as experts express reservation over economic impacts
Apex Bank explains its intervention…
Oil Exploration: NNPC Gets $1.04 Billion Facility From Afreximbank
The African Export-Import Bank, Afreximbank, has signed a $1.04 billion dollar facility with the Nigerian National…
Bitmama Launches Programme For Youths Interested In Blockchain Technology
Bitmama, a Nigerian fintech startup, has launched a programme to help young people transition into the…
Ardova Issues N25.3bn Bonds, Completes Enyo’s Acquisition
Ardova Plc has issued N25.3 billion fixed-rate bonds to fund its expansion project in the downstream petroleum…
Nigeria’s Remittance Inflow Rebounds, Hits $17.6bn, Says W’Bank
Nigeria’s remittance inflow is set to hit $17.6bn and push inflows to Sub-Saharan Africa to $45bn in 2021, a new…
VAT Declines As FG, States, LGs Share N672bn
The Federal Government, 36 states of the federation and the 774 local government areas of the country shared the…
Inflation May Push 91 Million Nigerians Below Poverty Line – W’Bank
The World Bank says the general increase in food prices which occurred between June 2020 and June 2021 may have…
ENaira Will Reduce Tax Evasion, Says CITN
The President, Chartered Institute of Taxation of Nigeria, Mr Adesina Adedayo, has said the introduction of eNaira…
British Council Unveils Programme To Boost Entrepreneurship
The British Council has launched a new programme to foster and strengthen universities’ support for innovation and…
25 Million Nigerians Will Be Taken Out Of Poverty’ – Osinbajo
The Vice President, Professor Yemi Osinbajo, has said that the Nigerian Diaspora Investment Summit (NDIS) is one of…
Nestle Loses N7.93 Billion In Market Value As Share Price Drops By N10
At the end of today’s trading session, Nestle Plc share price depreciated by 0.71% to close at N1390.00 per share,…
South African Payments Gateway Ozow Raises $48M Series B Led By Tencent
According to a 2019 report by Deloitte, about 80% of South Africans have a bank account but only 24% of them make…
Reps Probe Alleged Fraud Of W’Bank Funds For Assets Insurance
The House of Representatives has urged the Federal Ministry of Finance, Budget and National Planning, the National…
Three Pharma Firms Rake $93.5m From Covid-19 Daily
Pfizer, BioNTech and Moderna are making combined profits of $93.5million daily from their highly successful…
US Launches Project To Empower 300 Osun Schoolgirls
The United States Consulate General has launched a project aimed at empowering 300 high school girls in Osun State…
FMDQ Lists MTN Nigeria’s N110bn Bond
FMDQ Securities Exchange Limited has agreed to list MTN Nigeria’s N110 billion series 1 senior unsecured fixed rate…
$6b Bolt Shuns American Market, Focuses On Nigeria, Africa
America may arguably be the most stabilised economy by many indices, but $6b-valued ride-hailing company, Bolt is…