Oil Marketers Reduce Petrol Price by 11.8% to N939.50 Per Litre
In a positive development for Nigerian consumers, oil marketers lifting Premium Motor Spirit (PMS), commonly known as petrol, from Dangote
Read More
Business
Konga Prepares to Revolutionize Media with AI-Powered FM Radio Station
Konga, a leading e-commerce group in Nigeria, is preparing to launch its groundbreaking AI-powered FM radio station, KongaFM, in January
Read More
Dangote Refinery Reduces Petrol Price to Ease Holiday Burden
Dangote Petroleum Refinery has announced a significant reduction in the price of its Premium Motor Spirit (PMS), commonly known as
Read More
Google, Facebook, and Others Contribute N3.8tn in Taxes to FG – Report
Foreign companies like Google, Netflix, Facebook, and others operating in Nigeria paid a total of N3.85 trillion in taxes to
Read More
Despite $3.3bn Agricultural Loan, Food Inflation Increases to 40% in Nigeria
Despite the Nigerian government’s efforts to combat rising food prices, food inflation has surged to nearly 40%, leaving many Nigerians
Read More
Dangote Calls for Immediate End to Petrol Subsidy, Citing Economic Benefits
Alhaji Aliko Dangote, the President and CEO of Dangote Group, has called for the urgent removal of petrol subsidies in
Read More
Quickteller and Verve Partner to Champion African Creativity: Sponsoring 10th AMVCA Edition
In a testament to their enduring commitment to bolstering the African creative industry and honoring the rich tapestry of African
Read More
Former Yoozoo Games Executive Sentenced to Death for Poisoning Founder Lin Qi Amid Business Dispute
In a shocking development, a former executive of Yoozoo Games has been sentenced to death for poisoning the company’s founder,
Read More
Former Chancellor Hammond’s Fintech Railsr Eyes Merger with Equals Group
Railsr, a British financial technology company chaired by Lord Hammond of Runnymede, the former chancellor, has initiated discussions with Equals
Read More
Unilever Announces Plan to Cut 7,500 Jobs Globally
Unilever, the multinational consumer goods company renowned for brands such as Marmite and Domestos, has disclosed its intention to reduce
Read More
Tesco’s Appeal Fails in Trademark Dispute with Lidl Over Clubcard Branding
In a trademark dispute with discount competitor Lidl, Tesco has faced a setback as its appeal was unsuccessful. The disagreement
Read More
Ted Baker Faces Administration, Hundreds of High Street Jobs at Risk
Ted Baker’s British operations are on the brink of administration, putting hundreds of high street jobs in jeopardy. No Ordinary
Read More
Economic Strain: Over 700 Manufacturers Cease Operations in 2023, MAN Reports
The Nigerian manufacturing sector grapples with significant challenges as over 700 industries shuttered their operations in 2023, with an additional
Read More
Nigeria’s Forex Inflow Surges as Remittances Quadruple to $1.3 Billion
The Central Bank of Nigeria (CBN) has announced a substantial rise in foreign exchange inflow into the Nigerian economy for
Read More
Binance Announces Departure from Nigerian Market, Discontinues Naira Services Amid Regulatory Conflict
In a breaking development, Binance, a leading global cryptocurrency exchange, has declared its intention to withdraw all services related to
Read More
Dangote Cement Announces 50% Dividend Increase for Shareholders
Dangote Cement, Africa’s largest cement manufacturer, is set to deliver an enhanced return on investment to its shareholders with a
Read More
Sterling Bank CEO Advocates for Artificial Intelligence Development to Ensure Global Competitiveness
In a keynote address delivered at the Innovate AI Conference in Lagos, Mr. Abubakar Suleiman, the Managing Director and CEO
Read More
Nigerian Students Accuse Dangote of Fund Mismanagement, Petition Tinubu
The National Association of Nigerian Students (NANS) has raised concerns over the alleged mismanagement of funds at the Cement Technology
Read More
Toke Alex-Ibru Appointed as Managing Director of The Guardian Garners Praise from TEXEM UK
The Guardian newspaper’s recent appointment of Toke Alex-Ibru as its new Managing Director has elicited widespread acclaim, with praise pouring
Read More
CBN Proposes Ban on Street Trading, Considers New Guidelines for BDCs Amid Naira vs USD Fluctuations
As the Naira continues to fluctuate against the US dollar, the Central Bank of Nigeria (CBN) announces plans to implement
Read More