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
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Business
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
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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
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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
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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
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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,
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Manufacturers in Cross River Cry Out Over Electricity Shortages
The Manufacturers Association of Nigeria (MAN), Akwa Ibom, and Cross River chapters have voiced concerns over the detrimental impact of
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Unilever Nigeria Sets Industry Standard for Employee Well-being
Unilever Nigeria, the pioneering manufacturing company in the nation, reaffirms its dedication to employee well-being through progressive policies and facilities,
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