Business News
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Zuckerberg says ‘Thread’ surpasses 150 million monthly active users
Billionaire founder of Meta, Mark Zuckerberg has said that Threads, the social networking app competing with X(formerly Twitter), has surpassed…
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Cost of making jollof rice nearly ticks N17000, increased the most in Onitsha – Report
The average cost of making jollof rice across major cities in Nigeria nearly hit the N17,000 mark as of March…
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White House may grant temporary work permits, legal status to illegal immigrants married to US citizens
The White House is contemplating granting temporary legal status and work permits to illegal immigrants who are married to American…
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Lagos Water Corporation sacks 391 ’redundant’ staff amid departmental overhaul
The Lagos State Water Corporation (LWC) has dismissed 391 ‘redundant’ employees as part of its ongoing effort to reorganize the…
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FAAN begins investigating fire incident at Lagos airport
The Federal Airports Authority of Nigeria (FAAN) has launched an investigation into a fire incident that occurred on Thursday at…
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Sanwo-Olu confirms payment of additional N35,000 wage allowance to Lagos workers since January
The Governor of Lagos State, Babajide Sanwo-Olu, has said his administration has been paying an additional N35,000 wage allowance to…
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Nigerian Tech Firms to Showcase AI Innovations at GITEX Africa 2024
By Aduragbemi Omiyale Organisers of a tech and start-up event taking place in Morocco next month, GITEX Africa 2024, are…
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More than 100 inmates escape after heavy rain damages Suleja prison
At least 118 prison inmates escaped from a prison facility in Suleja, Niger state close to the Nigerian capital after…
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FG Sets May 15 Deadline for Consumer Credit Scheme Registration
By Adedapo Adesanya The federal government has said Nigerians interested in accessing the recently launched Consumer Credit Scheme have until…
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LASG shuts down Oniru market in Eti Osa over environmental violations
The Lagos State Government, on Thursday, closed Oniru Market in Eti Osa due to violations of environmental regulations. Tokunbo Wahab,…
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ECA urges African countries to adopt technological solutions to monitor their development strategies
This article is sponsored by UN ECA The call to action was made during the meeting on “Leveraging Digital Technologies for Integrated…
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Data reveals extent of forex supply shortage at official window as exchange rates plunged in 2023
The latest data from the Central Bank of Nigeria (CBN) reveals the extent of the dollar supply shortage as Nigerians…
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Femi Gbajabiamila: Harnessing Nigeria’s Renewable Energy Potential
Femi Gbajabiamila, Chief of Staff to the Nigerian President and former Speaker of the House of Representatives, recently reiterated President…
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Fast Credit Limited redeems series 4 commercial paper issuance
In a groundbreaking move that reaffirmed its status as a trailblazer in the fintech industry, Fast Credit has announced the…
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Placing Farmers at the Core of Development Efforts is important to Achieve Food Security
This article is sponsored by UN ECA The urgency to reevaluate financing mechanisms is increasingly recognized, with a growing emphasis…
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Bitcoin price falls below $64,000 as $209 million in crypto long positions liquidated
The price of Bitcoin fell below $64,000 on Thursday morning with over $209 million in crypto-bullish positions wiped off as…
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Telco Operators Demand Fair Pricing, Industry Independence
By Adedapo Adesanya Telecommunication operators in Nigeria have called on the federal government to address pricing challenges amid the current…
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Nigeria, 15 other countries receive $36.5m funding to combat Trachoma
Nigeria and 15 other countries have received a boost with a $36.5 million injection of funds to combat trachoma. Dr.…
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SUNU Health Debunks Health Insurance Myths and Showcases Value
SUNU Health Nigeria, an esteemed Health Maintenance Organization (HMO) with a legacy of over 26 years in delivering accessible healthcare…
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Tinuade Sanda’s Dedicated Leadership at Eko Electricity Distribution Company
By Tinuade Sanda Under my leadership as MD/CEO of Eko Electricity Distribution Company (EKEDC), my team and I worked diligently…
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