Customs Board Confirms Appointment Of 5 DCGs, 8 ACGs
The Nigeria Customs Service Board (NCSB) has announced the appointment of five Deputy Comptrollers-General (DCGs)!-->…
Tinubu Pledges Support For Local Manufacturers
The federal government is committed to creating a conducive environment for local manufacturers and small-scale!-->…
Weststar Unveils the Luxurious Mercedes-Benz GLS Facelift in Nigeria
In a move to redefine luxury SUVs, Mercedes-Benz Nigeria, through Weststar Associates Limited, has unveiled the!-->…
8 banks pay N200bn as income tax in Q1’24
In the first quarter of 2024 (Q1'24), eight commercial banks in Nigeria collectively paid a total of N200.19!-->…
Deployment of CNG pumps rises 233% — Pi-CNG
The deployment of dispensing pumps for Compressed Natural Gas (CNG) in Nigeria has experienced a remarkable surge!-->…
Crypto Exchanges Delist Naira from Peer-to-Peer Trading Platforms, SEC Confirms
The Securities and Exchange Commission (SEC) announced yesterday that crypto exchanges have initiated the!-->…
Morgan Stanley Joins Major US Banks with $269 Million Investment in Bitcoin ETFs
Morgan Stanley, one of the top banking firms in the United States, has disclosed its investment of $269 million in!-->…
Gas Supply Gets 25% Boost As Tinubu Unveils 3 Projects
President Bola Tinubu recently commissioned three significant gas projects aimed at enhancing energy supply and!-->…
Senate Approves Tinubu’s $500m Loan Request To Finance Mass Metering
The Senate has given its nod to President Bola Tinubu's request for a $500 million loan to fund the federal!-->…
Gbarain Power Plant Set to Begin Operations Soon- NDPHC
Mr. Chiedu Ugbo, the Managing Director of Niger Delta Power Holding Company (NDPHC), announced that the 252!-->…
Naira Recovers to N1,459.02/$ After Week-long Depreciation
The naira made a remarkable recovery on Wednesday, bouncing back to N1,459.02 per dollar after experiencing!-->…
Tax Now Highest Revenue Source to Federation – AGF
The Federal Government of Nigeria has asked tax collectors to work harder to get more money from taxes. The!-->…
SEC to Work with EFCC on Foreign Exchange Trading Manipulations
The Securities and Exchange Commission (SEC) has pledged to collaborate with the Economic and Financial Crimes!-->…
Firm Unveils $40,000 Funding For Entrepreneurs In Agric Value Chain
Heifer Nigeria has introduced a $40,000 funding initiative through the AYuTe Africa Challenge Nigeria 2024. This!-->…
NACCIMA hosts delegations from China, discusses Nigeria-China trade relations
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) hosted a 22-member!-->…
Nigeria’s Oil Production Rises to 1.28 Million Barrels Per Day in April 2024
The Organisation of Petroleum Exporting Countries (OPEC) reported that Nigeria's oil production, excluding!-->…
SMEs Urged to Leverage AI for Business Growth at Ecobank MySME Webinar
Small and Medium Enterprises (SMEs) in Nigeria have been encouraged to adopt Artificial Intelligence (AI)!-->…
World Bank Reports Nigeria’s Growth in Private Sector Investments for 2023
The World Bank reported that Nigeria secured 133 private sector investment commitments in three projects during!-->…
Naira Weakens to N1,520 Per Dollar in Parallel Market
The Naira weakened against the dollar, dropping to N1,520 per dollar in the parallel market, down from N1,470 per!-->…
Argentina’s Inflation Rate Nears 300%, Despite Signs of Deceleration
Despite positive signs of a deceleration, Argentina continues to face soaring inflation, with the annual inflation!-->…
South Africa’s Unemployment Rate Rises to 32.9% Ahead of Election
South Africa's unemployment rate climbed to 32.9% in the first quarter of this year, up from 32.1% in the previous!-->…
Uganda in Talks with Chinese Firm for $180m Power Transmission Line to South Sudan
Uganda is in discussions with Chinese company Sinohydro Corporation Limited for the development of a $180 million!-->…
Anglo American CEO Accelerates Spin-Off Plans to Hinder BHP Takeover Bid
The CEO of Anglo American, Duncan Wanblad, revealed on Tuesday that the company's plans for a spin-off of its!-->…
Oil Prices Stable as OPEC Maintains Demand Forecast, Investors Await U.S.…
Oil prices remained largely unchanged on Tuesday as OPEC retained its global oil demand predictions, while!-->…
U.S. Trade Representative Calls for Higher Tariffs on Chinese Goods
U.S. Trade Representative Katherine Tai has proposed increased tariffs on a range of Chinese goods, citing the!-->…
Tetra Pak Names Haithem Debbiche as New Managing Director for West Africa
Tetra Pak, a leading food processing and packaging solutions company, has appointed Haithem Debbiche as the new!-->…
Retail investors pile into stock market despite weaker purchasing power
In the first quarter of 2024, despite facing accelerating inflation, which has eroded purchasing power, retail!-->…
NPA Clears Decade-Long Gridlock on Mile 2-TinCan-Apapa Corridor
The Nigerian Ports Authority (NPA) has announced the successful clearance of the notorious decade-long gridlock on!-->…
FCTA issues 24-hour notice for demolition of 500 illegal structures in Abuja
The Department of Development Control, under the Federal Capital Territory Administration (FCTA), has issued a!-->…
Militant group demands 25% of Okomu Oil Plc shares after fatal attack on host…
A militant group identified as the "Ijaw Freedom Fighters" launched an attack on the Imariogha community near the!-->…