Business
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Check out the new data centre MTN is building in Nigeria
MTN Nigeria has announced the construction of West Africa's largest data centre, featuring a 1,500-rack and Tier 4 infrastructure within…
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Kano: I will recover N5.4bn pension funds from Ganduje’s government by all means – Governor Yusuf
Governor Abba Kabir Yusuf of Kano State has said that he is ready to use every legal means to retrieve…
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Access Bank opens application portal for Womenpreneur Pitch-A-Ton Season 6
Access Bank has opened the portal for registration for season six of its Womenpreneur Pitch-A-Ton programme.
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Sterling HoldCo gets go ahead from shareholders to raise fresh capital
Sterling Financial Holdings shareholders approved the decision to raise N200 billion in fresh capital at its recently held inaugural annual…
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Former CEO of Konga takes own life
Nick Imudia, former Chief Executive Officer (CEO), of Konga, one of Nigeria’s e-commerce giants, has committed suicide in his home.
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Dangote Group breaks silence on Refinery fire incident
Dangote Group has released an official statement over the fire incident at its refinery on Wednesday, June 26.
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Fire breaks out at Dangote Refinery, refinery management keeps mum
A fire outbreak has been reported at the Dangote Petroleum Refinery in Lagos, Nigeria.
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Look into the allegations against IOCs, protect Dangote Refinery against sabotage – NANS to FG
The National Association of Nigerian Students (NANS) has called on the government to ensure that the Dangote Refinery is protected…
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Dangote points fingers at IOCs, accuses them of planning sabotage
Devakumar Edwin, Vice President, Oil and Gas, at Dangote Industries Limited, has accused International Oil Companies (IOCs) in Nigeria of…
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Labour urges governors to help rescue Nigeria from current state of misery
The Organized Labour has warned certain governors not to push Nigeria into a state of misery and impoverishment by giving…
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Fidelity Bank to launch over N120bn capital raise on June 20
Fidelity Bank will launch its N127.1bn capital raise via a public offer and rights issue on June 20, 2024.
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Nigerians must change their value system for the country to move forward – President Tinubu
President Bola Tinubu says Nigerians must have a change of value system if the nation is to move forward.
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Minimum wage: Tripartite Committee chair asks Labour to reconsider demands
Chairman of the Tripartite Committee on National Minimum Wage, Bukar Goni Aji, has asked the Labour unions to reconsider its…
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BREAKING: Court frees detained Binance’s officials from tax evasion case
A Federal High Court in Abuja has discharged two officials of virtual currency trading firm, Binance Holdings Limited – Tigran…
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The money is there to pay minimum wage, use recovered loot – Falana
Human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana said both the federal and state governments can pay…
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NRC lists factors that affect train operations
The Managing Director and Chief Executive Officer (MD/CEO) of the Nigerian Railway Corporation, Fidet Okhiria has said that the cost…
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Crude oil responsible for over 80% of Nigeria’s exports in Q1 2024
Crude oil exports accounted for 80.8% of Nigeria’s exports in the first quarter of 2024, according to the National Bureau…
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Labour to consider resuming strike after rejecting N62,000 minimum wage offer, insists on N250,000
The Organised Labour has said it will not accept the proposed N62,000 or even N100,000 “starvation wage” as the minimum…
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Moniepoint renews onboarding with referrals to rake in new customers
Moniepoint Microfinance Bank (Moniepoint MFB) has relaunched its personal banking referral programme as part of efforts to drive onboarding of…
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Data, AI Leader, Abel Aboh, Inducted into Hall of Fame in UK
Abel Aboh, a Nigeria-born British Data Management leader in the data, technology and AI space has been inducted into the…
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FG gets massive lifeline from Afreximbank
The African Export-Import Bank (Afreximbank) has revealed an additional disbursement of $925m under the syndicated $3.3bn crude oil-backed prepayment facility…
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AfDB partners Intel to train millions of Africans on AI
The African Development Bank and technology giant, Intel, have announced plans to equip three million Africans and 30,000 government officials…
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Heritage Bank: Shareholders urge CBN to probe MD, EDs
Some members of the minority shareholders community have called for a probe of the management and directors of the failed…
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5 Crypto Airdrops after Notcoin to watch out for in June 2024
Airdrops are the fastest way to earn free crypto tokens in a crypto project and rewards from airdrops could range…
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Finance minister never proposed N105,000 minimum wage – Presidency
The Presidency has rubbished claims that the Minister of Finance and Economy, Wale Edun proposed N105,000 as a new minimum…
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Cardoso: CBN to implement bold reforms for economic revival
Governor of the Central Bank of Nigeria (CBN), Mr. Olawale Cardoso, stated that the apex bank will persist in implementing…
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Naira appreciates to N1,495/$ in black market
The Naira yesterday appreciated to N1,495 per dollar in the parallel market from N1,510 per dollar on Wednesday. Similarly, the…
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Discos generate N293bn despite blackout
Power distribution companies made a total of N292.71bn revenue in the first quarter of this year despite complaints of inadequate…
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FCMB secures $15m trade facility
First City Monument Bank (FCMB) has announced that it has secured a $15m trade financing facility from the International Islamic…
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FG to suspend import duties on food and drugs
The Federal Government (FG) may be preparing to suspend import duties on staple food items, drugs, and other essential goods…
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Strike: FG’s silence over power hike reversal disappointing – NLC
The Nigeria Labour Congress has described the federal government’s silence on the April 3 electricity tariff hike as disappointing.
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NDIC to repay Heritage Bank customers within one week – MD
The Nigerian Deposit Insurance Corporation, NDIC, has assured depositors of Heritage Bank that there is no need to panic as…
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FG finally admits to fuel subsidy, says it may drink up to N5.4tn in 2024
The Federal Government has finally admitted to subsidizing fuel, further hinting that it will gobble N5.4 trillion in 2024, despite…
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Sell crude to Dangote refinery, FG directs IOCs
The Nigerian Upstream Petroleum Regulatory Commission has said it would mandate international oil companies to supply crude oil to Dangote…
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Labour strike: FG loses N149bn in oil sector
Nigeria may have lost about N148.8bn in oil revenue on Monday as a result of the industrial action embarked upon…
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FG: CNG to reduce petrol imports by $4.4bn
The Federal Government announced on Tuesday that the country will reduce its annual importation of Premium Motor Spirit, commonly known…
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I’d have organised rally to support labour if FG had not resolved the minimum wage issue by next week
Maverick singer Charles Oputa, professionally known as Charly Boy, has disclosed plans to support the labour unions in their ongoing…
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Things have gotten worse with our ‘son’ Tinubu in power, rice now N77k/bag – Pastor Giwa
The Senior Pastor of Awaiting The Second Coming of Christ Ministry, Adewale Giwa, has urged citizens to return to God…
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Stock investors lose N102bn
The Nigerian Exchange on Monday lost N102bn, underpinned by losses in First Bank of Nigeria Holdings, Seplat Energy and Transcorp.…
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FBN Holdings reports 181% increase in revenue
FBN Holdings’ unaudited financial statement reveals that gross earnings soared by 181.4 percent, reaching N730.3 billion in the first quarter…
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