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Sacked Turkish Airlines staff not involved in ticket racketeering — Union
The National Union of Air Transport Employees (NUATE) has strongly contested the reasons given by Turkish Airlines!-->…
Naira Crisis Drives Nigerians to Locally-Used Cars
Soaring prices of imported vehicles are pushing Nigerian car buyers towards locally-used alternatives. The!-->…
Oil GDP slows to 5.7% as production problems linger
Nigeria's oil sector, a critical source of government revenue and foreign exchange, is experiencing a significant!-->…
Nigeria Labor Congress to Present Revised Minimum Wage Proposal
The Nigeria Labour Congress (NLC) is expected to present a new proposal for a minimum wage increase at a meeting!-->…
UBA appoints Emmanuel Nnorom as non-executive director
The United Bank for Africa (UBA) has appointed Emmanuel Nnorom as a new non-executive director to its board.!-->…
Brewers post N170bn loss on weaker naira, rate hikes
Nigeria's major brewers face financial difficulties after a combined loss of N169.7 billion in the first quarter!-->…
TotalEnergies Snubs Nigeria Again, Invests $600 Million in Congo’s Oil…
French oil giant TotalEnergies has passed over Nigeria for a second time, opting to invest $600 million in the!-->…
Royal Electronics launches new products in Nigeria
Royal Electronics is bringing a wave of innovation to Nigerian homes with the launch of five new product!-->…
Telecom Investments Pay Off: Data Revenues Soar in Nigeria
Nigeria's telecommunications industry is reaping the rewards of significant investments in network infrastructure.!-->…
CBN Director Celebrated for 35 Years of Service
The Central Bank of Nigeria (CBN) has commended Clement Oluwaranti Buari, Director of Strategy Management, for his!-->…
UBA Announces Over N2trn Revenue, N607.69bn Profit
The United Bank for Africa (UBA) has announced a stellar performance for the 2023 financial year, achieving record!-->…
MPC: Stock investors maintain cautious stance, lose N290bn
Nigerian stock market investors are feeling the pinch after the recent Monetary Policy Committee (MPC) meeting.!-->…
NECA Rejects N500,000 Minimum Wage Demand
The Nigeria Employers' Consultative Association (NECA) has rejected the Nigerian Labour Congress' (NLC) demand for!-->…
Consumers fault Discos as meter price hits N147,000
Nigerians are facing a new challenge in their quest for prepaid electricity meters. Following deregulation by the!-->…
Brazil’s Petrobras approves Chambriard as new CEO
Brazil's state-owned oil giant Petrobras has a new leader: Magda Chambriard. Her appointment follows the!-->…
CBN’s 26.25% interest rate will compound high cost of doing business in Nigeria –…
The Manufacturers Association of Nigeria (MAN) is expressing strong concerns over the Central Bank of Nigeria's!-->…
Landmark Beach Demands N42 Billion Compensation After Demolition
The management of Landmark Beach is seeking N42 billion in compensation from the Nigerian Federal Government!-->…
AfDB Pours $1.44 Billion into Nigeria’s Infrastructure Development
The African Development Bank (AfDB) is stepping up its support for Nigeria's infrastructure needs with a!-->…
Social economic problems may push 51.6% males to migrate — NBS survey
A new report by the National Bureau of Statistics (NBS) paints a concerning picture of potential migration!-->!-->!-->…
Prices of basic food items rise 140% — NBS
Nigerians are facing a significant rise in food prices, according to the latest report by the National Bureau!-->!-->!-->…
Dangote Calls for More Investment in Africa’s Industries, Not Just Resources
Aliko Dangote, president of Dangote Industries Limited, is urging increased investment in African industries.!-->…
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!-->…