Business
WordPress is a favorite blogging tool of mine and I share tips and tricks for using WordPress here.
-
FG restarts cash payment to citizens to lift inflation burden
Minister of Finance, Wale Edun has said the federal government has restarted the provision of conditional direct N75,000 cash transfers…
Read More » -
FG pledges more support for local airline operators
The Federal Government (FG) has pledged to offer more assistance to local airline operators to create an enabling environment and…
Read More » -
Minimum wage: Labour denies settling for N100,000, hides next move
The Nigeria Labour Congress NLC has denied that it has settled for N100,000 as minimum wage, saying its next move…
Read More » -
Naira rises to 1,339/$ at NAFEM
The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68 per cent…
Read More » -
SEC to announce new recapitalization framework for banks
The Securities and Exchange Commission (SEC) has announced plans to introduce a framework aimed at guiding the capital market through…
Read More » -
Why power grid hasn’t collapsed in two months — Adelabu
In a significant update, the Minister of Power, Adebayo Adelabu has highlighted recent steps in addressing the issues that have…
Read More » -
Microsoft invests in South Africa for job creation and AI advancement
Microsoft South Africa is investing R1.3 billion ($70 million) in the South African economy as part of a 10-year agreement…
Read More » -
Google to launch fiber optic route connecting Africa to Australia
Google has announced Umoja, a fiber optic cable project that will directly connect Africa to Australia.
Read More » -
BDC operators lament new Central Bank regulations
The Central Bank of Nigeria (CBN) has announced that all existing Bureau de Change (BDC) operators need to reapply for…
Read More » -
136% of 2023 FX inflows recorded in 2024 Q1 – Cardoso
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, disclosed that the foreign exchange inflows recorded in the…
Read More » -
REA to generate 500MW of electricity in local communities
The Rural Electrification Agency (REA) has signed two Memoranda of Understanding to generate 500 megawatts of renewable electricity in rural…
Read More » -
Naira falls to N1,515/$ in black market
The Naira yesterday fell in the parallel market also known as black market to N1,515 per dollar from N1,495 per…
Read More » -
Alleged fraud: Hadi Sirika, brother arraigned, plead not guilty
The Economic and Financial Crimes Commission, EFCC, has arraigned Hadi Sirika, former aviation minister, over an alleged contract fraud.
Read More » -
159 million barrels of oil produced in four months – NUPRC
Nigeria produced 159,158,191 barrels of crude oil in the first four months of 2024; data by the Nigerian Upstream Petroleum…
Read More » -
Naira dips to N1,495/$ in black market
The Naira yesterday depreciated in the parallel market also known as the black market to N1,495 per dollar from N1,470…
Read More » -
EFCC arrests over 200 suspects in crackdown on BDC operators
The Economic and Financial Crimes Commission (EFCC) has arrested over 200 suspects across various states in Nigeria in a sweeping…
Read More » -
There’s no magic wand to tackle inflation – Cardoso to Nigerians
The Governor of the Central Bank of Nigeria, Yemi Cardoso, has appealed to Nigerians to be patient with the government…
Read More » -
MPR increase could worsen inflation – NECA warns
The Nigeria Employers’ Consultative Association (NECA) has warned that the ongoing increase in the MPR could worsen the rising inflation…
Read More » -
Port Harcourt refinery begins operation July
The 210,000-barrel-per-day Port-Harcourt refinery may finally commence operations by the end of July after several postponements. The new date was…
Read More » -
Reps ask government to exempt military personnel from paying toll gate fees
The House of Representatives has asked the Federal Government to review the recent policy on airport toll gates by ensuring…
Read More » -
FG set to launch centre to store about 1.4 petabytes data
The Federal Government has revealed its move to strengthen national security and efficiency by unveiling a state-of-the-art data centre that…
Read More » -
BREAKING: CBN raises interest rate to 26.25%
The Central Bank of Nigeria Monetary Policy Committee has increased the benchmark interest rate to 26.25 percent. This was disclosed…
Read More » -
UK CAA files report against Air Peace to Nigeria over Airport safety violations
The London Gatwick Airport has filed two mandatory occurrence reports to the United Kingdom Civil Aviation Authority (CAA) against operations…
Read More » -
Labour to insist on N615,000 minimum wage
The Organised Labour has said it rejected the proposed N48,000 minimum wage because the Federal Government did not reveal how…
Read More » -
Oil production rises to 1.7mbpd – NNPC
Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, stated that Nigeria’s oil production had…
Read More » -
Court denies Binance executive bail
A Federal High Court in Abuja, presided over by Justice Emeka Nwite, has on Friday rejected the bail application of…
Read More » -
How Enugu Trade and Investment ministry generated N86m in 4 months – Commissioner
The Enugu State Commissioner for Trade, Investment and Industry, Adaora Chukwu said the ministry generated N86 million as Internally Generated…
Read More » -
Labour ends ongoing minimum wage negotiations
Organized Labour on Wednesday, May 15, pulled out of the ongoing minimum wage negotiations with the Federal Government.
Read More » -
Nigeria’s oil output recovers after March dip, says OPEC
Nigeria’s daily oil production showed a promising trend in April, surging up from 1.23 million barrels per day in March…
Read More » -
Kogi, Kwara, top NBS report for highest food prices
Kogi, Kwara, and Ondo are the three states in Nigeria with the highest food prices amid worsening hardship. This is…
Read More » -
Tax payment not a burden but an investment in Nigeria’s future – Sanwo-Olu
The Governor of Lagos State, Babajide Sanwo-Olu has highlighted the critical role of a robust tax system in overcoming Nigeria’s…
Read More » -
Naira Redesign: Emefiele implemented policy without approval – EFCC
The Economic and Financial Crimes Commission, on Wednesday, arraigned the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele,…
Read More » -
BUA cement to finance Lokoja-Benin road under tax credit scheme
The Federal Executive Council (FEC) has approved the equalization of the Okpella section of the Lokoja-Benin road and others for…
Read More » -
Herbert Wigwe-founded varsity, Wigwe University to kick off in August
Wigwe University founded by the late Chief Executive Officer of Access Bank, Herbert Wigwe, is set to officially launch operational…
Read More » -
MTN Group revenue dips 19% in Q1 2024
The telecommunications provider, MTN Group has reported an 18.8% fall in Q1 service revenue compared to Q1 2023. However, in…
Read More » -
Naira: Emefiele pleads not guilty to EFCC’s fresh charge
Ex Central Bank of Nigeria (CBN), Governor, Godwin Emefiele has pleaded not guilty to the allegation that he unlawfully printed…
Read More » -
7.4m consumers still without electricity meters as installations rise 5%
Approximately 7.4 million electricity consumers in the Nigerian Electricity Market currently lack meters, despite a five per cent increase in…
Read More » -
Naira falls to N1,520/$ in black market
The Naira yesterday depreciated to N1,520 per dollar in the parallel market, from N1,470 per dollar last week Friday. Similarly,…
Read More » -
CBN will retain high interest rates to curb inflation — Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has indicated that the apex bank will maintain high…
Read More » -
Vodacom’s Egypt acquisition triggers boost in Group service revenue
Vodacom, a mobile network operator, has reported increased service revenue for the fiscal year which ended March 31, 2024. Vodacom…
Read More »