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Meta to consider monetizing Threads – Zuckerberg
Mark Zuckerberg, CEO of Meta, stated on Thursday that Meta would consider…
NASS proposes N25m fine for unlicensed insurance businesses
The National Assembly of Nigeria has proposed a N25 million punishment for…
FG no longer involved in fixing fuel prices – Minister
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has stated…
Governors, tax reform committee agree on revised 50% VAT equality
Nigerian governors have approved a revised Value Added Tax formula, which allocates…
NEXIM partners US EXIM Bank to boost US-Nigeria trade ties
The Nigerian Export-Import Bank and the Export-Import Bank of the United States…
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Oil and Gas
Tougher US sanctions’ll limits Russian oil supply to China, India
Chinese and Indian refiners are set to source more oil from the Middle East, Africa, and the Americas, which is…
US poll: Dollar soars, bitcoin hits record high as traders bet on Trump
The dollar surged and bitcoin hit a record high Wednesday as traders…
Global stocks decline after weak Wall Street lead
European and Asian stocks were mostly down Thursday following a weak lead…
FG nears $1.5bn World Bank loan approval
Nigeria is poised to secure approval from the World Bank for three…
Equities rise as traders weigh Trump’s second coming
Major stock markets mostly rose Thursday following Donald Trump's election win…
Farmers earn N1bn annually through sugar master plan – FG
The Federal Government, through the National Sugar…
Nigeria’s maize cultivation hits 14-year low despite record yields
Nigeria's corn production has reached its lowest…
Livestock industry generates $1.2bn annually from animal skin export – MACBAN
The Miyetti Allah Cattle Breeders Association of…
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Boeing to assist Nigeria in securing aircraft insurance
Boeing International Corporation has expressed its willingness to support Nigerian airlines by…
South Korea’s deadliest air disaster claims 179 lives
The deadliest air disaster in South Korea's history occurred on Sunday when…
Azerbaijan Airlines president hails pilots after Kazakhstan plane crash
The president of Azerbaijan Airlines praised the pilots of flight J2-8243 following…
IATA removes Nigeria from list of countries blocking airline revenue
The International Air Transport Association has removed Nigeria from the list of…
Banking
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Nigerian crude production drops 9.65% to 40.12mbd
The total crude oil production was reported to be down 9.65% m/m to 40.12m from 44.40m in June 2023 and down 1.52%…
Nigeria, others sum up 7.8% of global seafarers – ITF
Nigeria and other African countries account for only 78,000, or 7.8 percent, of the more than 1 million certified seafarers…
Nigeria loses $18.6bn in foreign investment over four years – Report
Foreign investment into the biggest economy in Africa fell by $18.6 billion over the course of four years (2019–2022). According…
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Poland to probe OpenAI over privacy concerns
A Polish regulatory agency has started an investigation into the allegation that OpenAI's ChatGPT chatbot violates the GDPR, or General…
FCTA approves N7bn for teachers’ salary arrears
The Secretary for Education in the Federal Capital Territory Administration, Dr. Danlami Hayyo, has announced the approval of N7 billion…
AEDC refutes tariff increase reports
The Abuja Electricity Distribution Company has stated that, contrary to media claims, it has not raised electricity pricing. Nairametrics reported that…
Dangote, two other billionaires lost $9.3bn in 2023 – Report
The Forbes' Real-Time Billionaires list has revealed that three Nigerian billionaires - Aliko Dangote, Abdulsamad Rabiu, and Mike Adenuga's combined wealth would…
Nigerians studying abroad responsible for increase in exchange rate – CBN gov
The governor of the Central Bank of Nigeria has stated that Nigerians students studying abroad are the reason for the…
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