Business

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

Kazeem Ugbodaga

3 years ago

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?

Kazeem Ugbodaga

3 years ago

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

Dangote Cement to establish block makers academy

Nimot Sulaimon

3 years ago

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

Interswitch to Sponsor 2nd Nigeria Fintech Forum

Kazeem Ugbodaga

3 years ago

Organized by Eventhive.ng, the Nigeria Fintech Forum is a highly anticipated event that draws prominent stakeholders from both the public…

Fuel subsidy: NECA cautions NLC over proposed protest

Ayorinde Oluokun

3 years ago

Smart-Oyerinde expressed worry over what he described as the parlous state of the economy, and the mobilisation for civil action…

Max Air resumes domestic flight operations

Nimot Sulaimon

3 years ago

Max Air resumes domestic flight operations today, two weeks after the Nigeria Civil Aviation Authority (NCAA) suspended the airline’s operations…

Nigerian Breweries posts N277bn revenue in six months

Kazeem Ugbodaga

3 years ago

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

Global economic growth to drop to 3.0% in 2023-24, says IMF

Ayorinde Oluokun

3 years ago

IMF’s latest World Economic Outlook (WEO) Update Report for July 2023: “Near-Term Resilience, Persistent Challenges” released on Tuesday.

What Tinubu told Google executive that will excite Nigerian youths

Kazeem Ugbodaga

3 years ago

Tinubu told the visiting Google executive that Nigeria had creative and talented young people who are ready and motivated to…

Chinese Yuan drops value against U.S Dollar

Nimot Sulaimon

3 years ago

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

Zuckerberg speaks on “cage match” against Elon Musk as many users dump Threads

Michael Adesina

3 years ago

Mark Zuckerberg on Thursday responded to a question regarding the proposed “cage match” against Elon Musk. Speaking on the highly…

Glo, Palmpay unveil recharge and Win Promo

Kazeem Ugbodaga

3 years ago

The new promotion, which runs between July 26 and October 3, 2023 gives Nigerians who purchase Glo data and airtime…

Lagos, UN collaborate to empower women-owned businesses

Kazeem Ugbodaga

3 years ago

The Director-General stated that as an important vehicle for the delivery of the development Agenda of the present administration in…

KWATI AIR pays visit to Nigerian Embassy in Sierra Leone

Kazeem Ugbodaga

3 years ago

The visit took place on Tuesday and aimed to strengthen bilateral ties and cooperation between the airline and the Nigerian…

Afrixembank offers $30bn credit limit to invest in Russia

Nimot Sulaimon

3 years ago

By Ikenna Uwadileke The African Export–Import Bank (Afrixembank) has announced a credit limit of 30 billion dollars to support African…

Mining lease: Court to hear Mobil’s case against NMDPRA

Nimot Sulaimon

3 years ago

By Taiye Agbaje A Federal High Court in Abuja has set October 25 for ruling in an action filed by…

Are Cashback Rewards Really Helping Kenyan Gamblers?

Ademola Adegbamigbe

3 years ago

In recent years, online gambling has gained significant popularity in Kenya, offering exciting opportunities for bettors to engage in various…

Shell unveils 3 development trusts in Delta

Nimot Sulaimon

3 years ago

By Edeki Igafe The Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture (JV), has unveiled three Host Communities…

Subsidy removal: Nigerian youths hail Kyari’s transparency drive, beg Nigerians to be patient

Kazeem Ugbodaga

3 years ago

The group specifically lauded the NNPCL chief over his transparency in the company’s payment of an interim dividend of N123…

Lagos committed to ensuring principles of Circular Economy fully adopted – Sanwo-Olu

Kazeem Ugbodaga

3 years ago

According to the governor, circular economy is a model of production and consumption which involves sharing, leasing, reusing, repairing, refurbishing…

Google approves naira payment on Play Store

Nimot Sulaimon

3 years ago

Under its new relationship, Google will handle Verve transactions within Nigeria, and that the transactions will be conducted in naira…

Navigating the Nigerian Forex Market: Tips and Strategies for Success

Ademola Adegbamigbe

3 years ago

The foreign exchange currency market sees trillions of dollars traded daily, making it a fantastic opportunity for any serious Nigerian…

FG set to create agricultural hubs nationwide

Isa Isawade

3 years ago

In his remark, the President of IFAD, Mr Alvaro Lario, said that to stimulate private investment, there was a need…

Chinese Yuan strengthens against U.S Dollar

Nimot Sulaimon

3 years ago

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 111 pips to 7.1295 against the dollar…

Maser emerges as 7th Unicorn Worldwide, crossing $1 billion revenue mark

Kazeem Ugbodaga

3 years ago

Maser owes its rapid ascent to its unwavering commitment to innovation and its ability to adapt to changing market dynamics.

Elon Musk to replace Twitter blue bird

Nimot Sulaimon

3 years ago

Elon Musk, the owner of Twitter Inc., says he will do more to redesign the social media firm by replacing…

Experts preach caution as CBN holds first MPC meeting under Tinubu

Isa Isawade

3 years ago

“I expect the MPC to reduce the rates this time so that banks can reduce their lending rates in order…

Hyundai unveils nanotechnology to eliminate car scratches

PM NEWS Editor

3 years ago

Among other nanotechnologies Hyundai featured was a new solar cell the size of a nanometer, or one-billionth of a meter,…

Fuel subsidy detrimental to downstream sector, economy – Don

Ayorinde Oluokun

3 years ago

Adenikinju added that the macroeconomic impacts of petrol subsidy removal are not as large as most people fear.

Naira crumbles to Dollar again at Investors, Exporters window

Kazeem Ugbodaga

3 years ago

The Naira lost by 1.26 per cent when compared with N768.16 for which it exchanged for the dollar on Thursday.

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