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Business

Tinubu

Tinubu seals landmark AI, Digital Innovation Talks with Google in Paris

Kazeem Ugbodaga

1 year ago

Tinubu highlighted Nigeria’s existing strides in AI, particularly through Awarri Technologies, which is collaborating with the Federal Government to develop…
Customs

Customs smash records with N50.8bn revenue in Enugu, Anambra, Ebonyi

Kazeem Ugbodaga

1 year ago

The comptroller praised the resilience and dedication of officers and men of the command, assuring stakeholders and the C-G that…
UK chapter of APC joins the endorsement train of President Bola Tinubu for second term, plans mega rally to celebrate the president.

Tinubu hails IFC as it pumps $50m into Lagos Free Zone

Kazeem Ugbodaga

1 year ago

Strategically integrated with the Lekki Deep Sea Port, the Lagos Free Zone is designed to enhance import and export operations,…
Management of Keystone Bank alerts customers, other stakeholders that the financial institution is now fully owned by the Federal Government.

Keystone Bank now fully owned by FG – Management

Ayorinde Oluokun

1 year ago

The bank management, in a statement published on X handle on Tuesday evening said the transition in ownership of the…
Afreximbank

Nigeria to host 2025 Afreximbank Annual Meetings

Ayorinde Oluokun

1 year ago

Prof. Benedict Oramah, the President and Chairman of the Board of Directors of Afreximbank, described the upcoming 32nd Afreximbank Annual…
Keystone Bank

Keystone Bank clarifies court ruling on ex-shareholders’ status

Kazeem Ugbodaga

1 year ago

Delivering judgment on February 11, 2025, the court ordered the forfeiture of shares previously held by the former owners, transferring…
Soneye, who stated this on Tuesday while addressing the Kannywood Community, also noted that NNPC Ltd is at the heart of Nigeria’s energy security, standing as one of the major contributors to the national grid.

NNPC committed to power generation in Nigeria – Soneye

Ayorinde Oluokun

1 year ago

Soneye, who stated this on Tuesday while addressing the Kannywood Community, also noted that NNPC Ltd is at the heart…
Meta

Shockwaves at Meta: 4,000 workers axed despite ‘glowing’ reviews

Kazeem Ugbodaga

1 year ago

CEO Mark Zuckerberg had warned of a tougher stance on performance management, echoing Elon Musk’s no-nonsense approach.
MTN

MTN hikes prices of data, SMS

Paul Dada

1 year ago

Other mobile operators comprising Airtel, Globacom, and 9mobile are yet to update their data prices as at the time of…
The House of Reps Committee on South East Development Commission (SEDC) approves the N140 billion 2026 budget proposal for the commission.

Reps slam brakes on ‘Insane’ 50% Telecom Tariff increase amid hardship

Kazeem Ugbodaga

1 year ago

Other lawmakers echoed these sentiments, with Edo State’s Billy Osawaru condemning the move, questioning why economic hardships always seem to…
A man suspected of involvement in serial ATM card fraud has been arrested in Uyo, Akwa Ibom after a CCTV camera exposed his identity.

CBN slaps Nigerians with higher ATM charges, scraps free withdrawals

Kazeem Ugbodaga

1 year ago

However, customers withdrawing from ATMs located at bank branches will now be charged ₦100 per ₦20,000 withdrawn.
NEPC says Nigeria’s export trade volume in 2024 reached 7.2 metric tons, with a 20.7 per cent increase in value, totaling 5.45bn dollars.

Nigeria records $5.45bn increase in 2024 export trade – NEPC

Ayorinde Oluokun

1 year ago

Dr Nonye Ayeni, Executive Director of NEPC, made this statement during the Ministry of Industry, Trade, and Investment’s retreat for…
AccessGive

Access Holdings unveils AccessGive to cement Herbert Wigwe’s legacy

Kazeem Ugbodaga

1 year ago

Access Holdings PLC has unveiled AccessGive, a new philanthropic platform dedicated to advancing the legacy of the late Herbert Wigwe.…
MTN

FCCPC floors MTN in court

Paul Dada

1 year ago

It  said, “No personal data was requested, and MTN’s obligation to disclose information in the public interest is a legitimate…
NECA

NECA offers panacea to unemployment crisis

Isa Isawade

1 year ago

According to him, Nigeria must move beyond the traditional focus on university degrees and invest more in technical skill development.
Lagos

Lagos unveils ₦1.052 trillion Infrastructure blitz in 2025 Budget

Kazeem Ugbodaga

1 year ago

This revenue includes ₦2.230 trillion from Internally Generated Revenue (IGR), ₦111.839 billion from capital receipts, and ₦626.137 billion from federal…
Nigeria Ports Authority (NPA) announces plan to review its charges upward by 15 per cent, citing a need for infrastructural upgrades.

NPA defends plan to jack up tariffs by 15%

Ayorinde Oluokun

1 year ago

This was the first time the Nigeria Ports Authority would be reviewing its rates since 1993.
CNPP, CSOs urge President Tinubu to arrest Mele Kyari

NNPC Ltd/First E&P JV achieves 96% reduction in routine gas flaring

Ayorinde Oluokun

1 year ago

The reduction in AG flaring aligns with the regulatory framework set forth by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),…

Okiki Oludare Announces Ride-Hailing App Will Rollout in 3-4 Months

Michael Adesina

1 year ago

By Taiwo Adesanmi Entrepreneur Okiki Oludare, has officially announced that KS Enterprise’s new venture into tech—their Uber-like ride-hailing app—will roll…
9Mobile

9mobile loses 6,079 subscribers in two months

Paul Dada

1 year ago

The NCC report also showed that for outgoing porting activities for November 2024, 9mobile was the biggest loser, as 3891…
9Mobile

9mobile loses over 6000 subscribers in two months – NCC Report

Ayorinde Oluokun

1 year ago

According to the NCC’s report, out of a total of 2998 subscribers which moved from one network to another in…
Ecobank

Ecobank splashes N42m on customers in ‘Millionaire Geng’ Promo

Kazeem Ugbodaga

1 year ago

A breakdown of the rewards revealed that 520 customers won N50,000 each in monthly draws, 16 customers received N500,000 each…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Naira ends week stronger against dollar

Ayorinde Oluokun

1 year ago

This represents a 0.7 per cent increase compared to the previous day’s trading figure on Thursday, when the local currency…
Sanwo-Olu

Lagos sets the pace! Sanwo-Olu vows to lead Africa’s Energy Transformation

Kazeem Ugbodaga

1 year ago

Highlighting the capital market’s role in unlocking new investment channels for the power sector, the governor underscored the need for…
Stock Market

Market capitalisation gains N347bn as FCMB lists shares

Ayorinde Oluokun

1 year ago

Notably, the market capitalisation, which opened at N64.521 trillion, rose by 0.54 per cent or N347 billion to close at…
NNPC Ltd. and its partners begin construction of five Mini LNG plants in Ajaokuta, Kogi State to deepen gas utilisation among Nigerians.

NNPC Ltd, Partners launch 5 mini LNG plants in Kogi

Ayorinde Oluokun

1 year ago

NNPCL is constructing the gas plants in partnership with PRIME LNG, NGML/Gasnexus LNG, BUA LNG, Highland LNG and LNG Arete.…
Naira

Naira further gains by 0.78% against dollar

Paul Dada

1 year ago

CBN also unveiled the Nigeria Foreign Exchange (FX) Code, aimed at sanitising the banking industry to promote ethical conduct.
Stock Market

Investors pocket N364bn as NGX ends Bullish

Kazeem Ugbodaga

1 year ago

Similarly, the All-Share Index (ASI) rose by 591 points or 0.57 per cent to settle at 104,549.74 from 103,958.75 recorded…
NAFDAC shutdown Aba Cemetery Market in Abia State notorious for production and sale of fake wines and beverages for cleanup

NAFDAC shuts notorious fake wine production hub, Aba Cemetery market, for clean-up

Ayorinde Oluokun

1 year ago

In the statement issued in Abuja, the NAFDAC boss said the shit down of the market was a decisive move…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Naira appreciates at official market

Ayorinde Oluokun

1 year ago

The Naira has enjoyed relative stability against the US dollar since Dec. 2024 following the introduction of the Electronic Foreign…
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