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Business

You Don’t Need a Degree to Be a Programmer — You Need Discipline and Direction, Says Nigerian Tech Innovator

By Emmanuel Daraloye A Lagos-bred software engineer, Blessing Philips, is challenging long-held beliefs about what it takes to succeed in…
The Cinema Exhibitors Association of Nigeria (CEAN) says it generated N482m revenue across all cinemas in July, lower than N567m in June.

Nigeria’s cinemas record lower revenue in July

However, in July, the total viewer admission in cinemas was 218,395, up from 210,299 recorded in June.
Ogun Command of Nigeria Custom Service says it generated 13.3 million as revenue while its impounded goods valued at N106.7m in July 2023.

Ogun: Custom generates N13.3m, seizes goods worth of N106.7m in one month

Speaking at the press conference addressed on his behalf by the Command's spokesperson, SC Hammed Bukoye Oloyede, Bamidele said the…
Binance

Stop Binance operations to strengthen Naira—– ABCON urges FG

The Securities and Exchange Commission (SEC) of Nigeria had in June, issued a statement, emphasising that Binance Nigeria was not…
WhatsApp

WhatsApp introduces screen sharing feature for video calls

This enhancement offers a wider and more immersive viewing and sharing experience during video calls.
Tinubu vows to end Nigeria's over-reliance on borrowing for public expenditure

We’ll end Nigeria’s over-reliance on borrowing for public expenditure – Tinubu vows

Inaugurating the Presidential Committee on Fiscal Policy and Tax Reforms, chaired by Mr. Taiwo Oyedele, the President charged the committee…

Tesla’s CFO Zachary Kirkhorn steps down

Tesla’s Chief Financial Officer, Zachary Kirkhorn, has resigned, shocking analysts who saw the 13-year business veteran as a likely successor…
PayPal launches dollar-backed stablecoin

PayPal launches dollar-backed stablecoin

While stablecoins - crypto tokens whose monetary value is pegged to a stable asset to protect from wild volatility -…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

U.S. dollar batters Naira at exporters window

The Naira lost by 4.27 per cent when compared with N743.07 for which it exchanged for the dollar at the…
John Ezeobi, the CEO of Zobis Electrical Wires and Cables

We are set to revolitionise future of electrical industry – Zobis Electrical CEO

Ezeobi said since inception, the company had been inspired by the promise of a better life, which innovative engineering promises.
Heritage Bank

Heritage bank reassures customers as concerns mount

However, some customers of Heritage Bank, who still struggle with poor customer service, delayed transfers, inability to move depositor funds…
Tinubu says forensic audit of CBN is underway

Forensic audit of CBN, serious structural review of Civil Service payroll underway – Tinubu

''A comprehensive forensic audit is on-going at the Central Bank. We are going to do very serious structural review of…
Chowdeck strikes deal with with Chicken Republic on delivery services

Chowdeck strikes deal with Chicken Republic on delivery services

The partnership has successfully delivered hundreds of thousands of orders on a monthly basis, as well as ensuring ease and…
Verve to reward consumers with free fuel, others at its Life Promo

Verve to reward consumers with free fuel, others at its Life Promo

Speaking at the event, Cherry Eromosele, Executive Vice President & Group Chief Marketing and Communications Officer, Interswitch Group, said the…

Saudi extends voluntary cut in oil production

In September, the kingdom will produce nearly 9 million barrels of oil per day.
GlaxoSmithKline office in Ilupeju Lagos

GlaxoSmithkline closes shop in Nigeria after 51 years

GlaxoSmithKline started business as Beecham in Nigeria in 1972 as an affiliate of GlaxoSmithKline Worldwide.
Debt Management Office (DMO) , on behalf of the Federal Government, offers two FGN Savings Bonds for subscription at N1,000 per unit

DMO lists N130bn sukuk on NGX, FMDQ

By Kadiri Abdulrahman The Debt Management Office (DMO) plans to increase its capital market offering by listing its N130 billion…
9mobile charges Kano entrepreneurs on building customers' trust

Kano entrepreneurs must work on building customers’ trust – 9mobile

9mobile gave Kano SMEs a masterclass in how to nurture customer loyalty through relationship selling during the two-day event, signposted…
FCMB to raise additional N150bn in third quarter of 2024

H1 2023: FCMB Group Plc Reports 148% Profit Growth

FCMB Group Plc records positive financial performance across key indicators with a 148% growth in profit before tax of N38.2…

Traders groan as Anambra govt sacks over 100 businesses

By Chimezie Anaso About 100 microbusinesses have been relocated in the Ukwu-orji, Ekwulobia Street, and Ministry of Land areas surrounding…
Chinese Yuan and US Dollars

Chinese Yuan strengthens against U.S Dollar

In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the…
Naira

Naira posts marginal gains against Dollar at Investors, Exporters window

The local currency gained 2.43 per cent when compared with N775.76 which it exchanged for the dollar at the close…
Tinubu given 7 days to begin probe of N585.2m grant scandal

Palliatives: FG to provide N200bn intervention for food, agriculture

President Bola Tinubu made the announcement in a nationwide broadcast tagged: “After Darkness Comes the Glorious Dawn’’ on Monday in…
Tinubu assents to Electricity Act (Amendment) Bill

Fuel subsidy removal: We’ve saved over a trillion naira in two months – Tinubu

The president, in a nationwide broadcast on Monday evening said the money saved would have been squandered on the unproductive…
Where Does Nigeria’s iGaming Industry Stand in the Global Market?

Where Does Nigeria’s iGaming Industry Stand in the Global Market?

Due to its tech-savvy population consisting of almost 200 million citizens, Nigeria has seen its online casino market undergo considerable…
Aiko Dangote

Dangote Cement to establish block makers academy

By Kayode Adebiyi Dangote Cement Plc intends to develop an academy to promote the seamless transfer of required skills to…
Interswitch

Interswitch to Sponsor 2nd Nigeria Fintech Forum

Organized by Eventhive.ng, the Nigeria Fintech Forum is a highly anticipated event that draws prominent stakeholders from both the public…
NECA warns that the proposed strike by the NLC will disrupt economic activities and businesses in the country and will be counter-productive.

Fuel subsidy: NECA cautions NLC over proposed protest

Smart-Oyerinde expressed worry over what he described as the parlous state of the economy, and the mobilisation for civil action…
Max Air from Bucharest on landing

Max Air resumes domestic flight operations

Max Air resumes domestic flight operations today, two weeks after the Nigeria Civil Aviation Authority (NCAA) suspended the airline’s operations…
SEC approves commencement of Nigerian Breweries Plc’s Rights Issue of 22.607 billion Ordinary Shares of 50k each at N26.50 per share.

Nigerian Breweries posts N277bn revenue in six months

Agbebaku said the half-year results were majorly impacted by the devaluation of the naira which led to revaluation of foreign…
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