Business

Crude oil prices rise as Iran rules out

  • 17th August 2026

India-Nigeria trade hits $9bn, rises by 26%

  • 17th August 2026

High lending rates still threaten manufacturing sector recovery

  • 17th August 2026

FG resets profit-sharing terms to attract new deep

  • 17th August 2026

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Crude oil prices rise as Iran rules out talks

Business

Over 200 KASU lecturers resign over poor service conditions

News

EU gives Nigeria €1.5m to fight cholera outbreak

Helth

Ecobank retains retirement age, removes director tenure limit

Banking

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Unilever Nigeria posts pre-tax profit of N21.9bn

Unilever Nigeria posted a pre-tax profit of N21.9 billion in 2023, showing a 151% rise from the N8.7 billion posted in 2022. The company, according to its audited financial statements for the year 2023, recorded revenue of N103.9 billion representing a growth of 51.3% over the sum of N68.6 billion achieved in 2022. In the […]

Tech

Amazon Web Services fire several ‘hundreds’ tech, sales staff

Amazon Web Services has eliminated several hundred sales, marketing, and tech roles, it said on Wednesday, the latest in a series of job cuts by its parent Amazon.com The affected staff are a few hundred at Amazon Web Services’ Sales, Marketing, and Global Services division as well as its Physical Storage Technology Group, according to […]

News

AGOA boost: Kenya receives $55m for apparel expansion

The African Growth and Opportunity Act, which has significantly contributed to enhancing trade and investment in sub-Saharan Africa with the United States of America, provides for duty and quota free access to American markets. Many qualifying African countries have achieved notable successes in exporting goods under AGOA to the US. These successes include textiles and […]

MTN internet subscription declines over NIN-SIM linkage
News

MTN internet subscription declines over NIN-SIM linkage

In January, MTN Nigeria experienced a decline in internet subscribers as it worked to adhere to the Nigerian Communications Commission’s directive to link all SIM cards with a National Identity Number. As the country’s largest telecom operator, MTN witnessed a drop of over 2.8 million subscribers from its internet service, reducing the total to 67.8 […]

Dangote Refinery loses N32.5bn after petrol price cut
News

Dangote refinery sells diesel at N1,225/litre to local market

Dangote oil refinery started supplying petroleum products to the local market on Tuesday, a company executive and fuel marketing associations said, a major step in the country’s quest for energy independence. It cost Africa’s wealthiest man, Aliko Dangote $20 billion to build the world’s largest refinery in Ibeju Lekki and was completed after several years […]

News

Stakeholders urge FG to tackle rising inflation with new policies

Stakeholders have called on the Federal Government to implement policies that will tame the accelerating inflation in the country. Stakeholders said that, given the continuing challenges facing the economy, a coordinated government effort is crucial, to ease the financial strain on consumers and maintain fiscal stability, according to The Punch. The Chief Executive Officer of […]

News

FIRS tenders apology over ‘offensive’ Easter message

The Federal Inland Revenue Service has apologised to the Christian Association of Nigeria over an Easter post the association described as being provocative. Recall that the Christian body had demanded a public apology from the FIRS after the Revenue agency shared a picture on its X handle,  with the caption “Jesus paid your debts, not […]

Top ten richest women in the world in 2024
featured News

Top ten richest women in the world 2024

A rising trend is observed among women making strides on Forbes’ World Billionaires list, with their representation increasing gradually. In 2024, 369 out of 2,781 billionaires, accounting for 13.3%, are women. This marks an increase from 337 in 2023, when women comprised 12.8% of the list. Collectively, these women possess a net worth of nearly […]

Bitcoin drops to $60,000 amid escalating Iran-Israel tensions
Crypto

Bitcoin mining monthly revenue hits record high of $2bn in march

Bitcoin mining companies generated the highest monthly revenue in their history in March, with more than $2 billion in block rewards and transaction fees. The previous record, set in May 2021, stands at $1.74 billion. About $85 million of the $2 billion in revenue last month came from transaction fees, whereas $1.93 billion was derived […]

News

International Breweries PLC appoints Temitope Oguntokun as executive director

The International Breweries PLC has announced the appointment of Mrs. Temitope Oguntokun as the new Executive Director of the company. This was disclosed in a notice signed by the Company Secretary / Legal Counsel Dr.(Mrs.) Marian Reginald-Ukwuoma, to the Nigerian Exchange Limited, its Shareholders, and the General Public. According to the statement, It is stated […]

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