Business News
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Local Stock Market Closes 0.25% Higher on Economic Optimism
By Dipo Olowookere A 2.5 per cent growth was recorded by the Nigerian Exchange (NGX) Limited on Friday on persistent…
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NNPC borrows $1.036 billion to acquire 20% stake in Dangote Refinery
The Nigerian National Petroleum Company (NNPC) Ltd has acquired a 20% stake in Dangote refinery for $2.76 billion through a…
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African Development Bank President Wins Obafemi Awolowo Leadership Prize
The award which promotes the legacy and democratic ideals of the late Nigerian nationalist and federalist leader Chief Obafemi Awolowo,…
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A new horizon for pension as ARM Pensions and Access Holdings agree to a merger
In a groundbreaking move set to redefine the landscape of the pension industry, Access Holdings has successfully acquired a controlling…
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Swedish Migration Agency prioritizes processing for highly skilled foreign professionals
The Swedish Migration Agency recently revamped its work permit processing model, prioritizing the swift processing of applications from highly skilled…
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Customers, distributors hail Dangote for his support, encouragement at Awards Night
Customers and distributors of Dangote Cement Plc have hailed the magnanimity of the Founder and Chairman of the company and…
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Africa must brace for Donald Trump’s return
Donald Trump is back. In the Republican primaries in Iowa and New Hampshire in January, the former US president easily…
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How Bernard Arnault toppled Musk on Forbes with $3.3 billion
On Friday, Bernard Arnault dethroned Elon Musk as the world’s richest person, marking a shake-up on the global billionaire leaderboard. …
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Mining operators owe FG trillions of naira in unpaid royalties – Dele Alake
Nigeria’s Minister of Solid Minerals Development, Dele Alake, has revealed that the Federal Government is owed trillions of Naira in…
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NDPC investigating 17 major cases of data breach in Nigeria, earns N400 million
The Nigeria Data Protection Commission (NDPC) has said that it is actively investigating 17 major cases of data breaches across…
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Can Seplat Energy share price hit N3,500?
Seplat Energy Plc, a key player in Nigeria’s oil and gas sector, stands at the precipice of a significant milestone…
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Boko Haram insurgency caused about 3.2 million displacements in Borno in 7 years – Gov. Zulum
Gov. Babagana Zulum of Borno State has stated that approximately 3.2 million people have been displaced due to the Boko…
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CNG buses intervention to slash transport fare by over 50% – Mohammed Idris
The Minister of Information and National Orientation, Mohammed Idris, has announced that the Presidential Initiative to deploy Compressed Natural Gas…
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Burkina Faso, Niger and Mali remain members of ECOWAS – ECOWAS
The Economic Community of West African States (ECOWAS), in a communique issued on Sunday, declared that Burkina Faso, Niger, and…
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FG set to digitize all government services to protect citizens’ data
The Federal Government has said it is on the verge of digitizing all public services to harness the benefits of…
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FG to inaugurate minimum wage committee on Tuesday
The federal government’s plans to inaugurate the tripartite committee on minimum wage on Tuesday, 30 January, 2023. The post FG…
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Lagos Government grants illegal squatters 5-Day notice to vacate Ijora Causeway Bridge, Blue Line Overhead Bridge
The Lagos State Government has issued a five-day quit notice to illegal squatters under the Ijora causeway bridge and Lagos…
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“Global financial systems are unfair to Africans” – Aigboje Aig-Imoukhuede
Africans are struggling to live by the rules instituted in the global financial systems, and this is limiting their access…
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Umahi discredits BudgIT’s allegations of road project funds in Microfinance Bank
David Umahi refuted the assertion that funds allocated for road construction were improperly deposited in a Microfinance Bank, contrary to…
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Niger, Mali and Burkina Faso quit ECOWAS over sanctions
The governments of Niger, Mali, and Burkina Faso on Sunday announced their immediate withdrawal from the Economic Community of West…
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