Business

  Davido has released his pre-wedding photos He released the photos today on Instagram. Davido and CHioma will be tying the knot in Lagos next Tuesday, June 25. We say big congrats to them! More photos below…     View ...

  Kenyans are protesting new tax proposals Thousands of them, mostly young people demonstrated in Kenya’s capital and across the country against the proposals by the administration of President William Ruto in its annual budget legislation. The protests brought Nairobi’s central business district to ...

  Nearly two-thirds of Nigerian professionals and three-quarters of Ghanaian professionals are willing to work abroad, a new report by Boston Consulting Group and The Network has shown. The report, Decoding Global Talent 2024, surveyed over 150,000 workers in 188 ...

  Coronation Merchant Bank grew its gross earnings by 62 per cent to N61.6bn for the year ending December 31, 2023. In a statement issued after its Annual General Meeting held in Lagos on Thursday, the lender said the surge ...

  Fidelity Bank Plc opened its N127.10bn rights issue and public offer on Thursday, becoming the first bank to go public following the recapitalisation directive of the Central Bank of Nigeria issued in March. Fidelity Bank on Thursday commenced its ...

Representatives of the NNPC and TotalEnergies JV signing the investment deal to boost Nigeria’s gas production. In a significant move to enhance Nigeria’s oil and gas production, the NNPC-TotalEnergies JV has announced a $550 million final investment decision for the ...

Abdul Samad Rabiu Initiative for Africa in collaboration with BUA Foods has donated foodstuffs and N10m as a grant to widows in Lagos to mark the 2024 International Widows’ Day. The N10m grant and products were distributed at the International ...

Prices of tomatoes and pepper in the North have continued to soar despite the items being in their season. The development has reached an alarming level such that residents say their prices have stripped them to bare bones. Most of ...

Come July 2nd 2024, Harmony Gardens and Estate Development Ltd, under the leadership of Hon. Dr Saheed Mosadoluwa better known as Mr Ibile will be hosting Bridging Housing Deficit Summit 2024 “BHDSummit2024”, coinciding with the grand launch of Lekki Aviation ...

  The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (LPG), commonly known as cooking gas rose by 70.12 per cent, Year-on-Year, YoY to N7,418.45 in May 2024 from N4,360.69 in May 2023. The National Bureau of ...

  Nollywood actress Uche Elendu has taken to social media to air her disappointment at the skyrocketing price of a crate of eggs The sudden increase in prices of essential commodities, including eggs, has left many Nigerians reeling, as the ...

  Popular Nigerian comedian and content creator, Sabinus, has ventured into the cryptocurrency space by launching his own crypto coin, Sabicoin. This move follows in the footsteps of renowned musician, Davido, who also launched his own cryptocurrency recently. Sabinus announced ...

  First Bank of Nigeria Limited has partnered with the International Women’s Society (IWS) to empower over 250 widows, in commemoration of the 2024 International Widows’ Day.   The News Agency of Nigeria (NAN) reports that beneficiaries at the Lagos ...

  The World Bank has approved two financing facilities of $2.25 billion for Nigeria to support the Federal Government’s efforts to stabilize the economy The approval was announced in a statement yesterday titled, “Supporting Nigeria’s Homegrown Reforms: New World Bank ...

  Three persons have d!ed following the collapse of a mining pit in the Adunu community, Paikoro Local Government Area of Niger State The Director General of the Niger State Emergency Management Agency, Abdullahi Baba’arah, confirmed the d3ath of three ...

  Under Elon Musk’s ownership, X (formerly Twitter) has undergone significant transformations. The latest update makes Likes private for all users, emphasizing user privacy. This change is now live, and X announced it yesterday before implementing it today. Users can ...

Diageo, the parent company of Guinness, has announced its exit from the Nigerian market after operating in the country for 60 years. The company has agreed to sell its 58.02% majority stake in Guinness Nigeria to the Singaporean conglomerate, Tolaram ...

  The Nigerian National Petroleum Company Limited, on Monday, denied reports that it inflated the subsidy on Premium Motor Spirit, popularly called petrol, by N3.3tn during the administration of former President Muhammadu Buhari It argued that its subsidy claims were verifiable, ...

  Access Bank Plc has announced that it has successfully completed the acquisition of African Banking Corporation (Tanzania) Limited in line with its strategic expansion goals. Access Bank, in a statement on Monday, stated that the milestone achieved by the ...

  Fidelity Bank was by far the most traded stock in the NGX on Monday, 10 June 2024, with a turnover volume of about 605.257 million shares, even as the stock gained 6.52% to close at N9.80. Since announcing its ...

  Elon Musk announced Monday that he’ll ban Apple devices from his companies’ premises if the iPhone creator goes forward with its planned OpenAI integration. Apple held its annual Worldwide Developer’s Conference Monday, and the biggest takeaway was OpenAI’s ChatGPT will be ...

The pump price of Premium Motor Spirit, popularly called petrol, should drop to about N300/litre upon the commencement of massive production by the Dangote Petroleum Refinery and other indigenous producers, operators of modular refineries stated on Sunday. However, they pointed ...

  Nigeria’s ethical banking institution, The Alternative Bank has signed a pioneering deal with the Niger State government worth N14bn to finance the delivery of 5,000 electric tricycles to drive social impact, youth empowerment, business growth, and economic prosperity in ...

  The shareholders of Ecobank Transnational Incorporated have given their approval for it to raise N600m in fresh capital raise within one year. This was revealed in the resolutions adopted at the 36th annual general meeting and extraordinary general meeting ...

  Following its strong 2023 financial performance, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received an upgraded rating from Agusto & Co, validating the Bank as Bbb+ rated with an ESG ...