Nigerian Breweries report N106bn loss
The country's largest brewer, Nigerian Breweries Plc, has released its audited results for the year that ended on December 31, 2023. The findings show a net loss of N106 billion…
A&D Forensics trains specialist on cryptocurrency crimes
By Melvin Onwubuke Digital blockchain and forensic company, A&D Forensics, trained a new set of Crytocurrency Currency Compliance Specialist (3CS) to track suspicious financial transactions. According to BusinessDay, the Co-founder…
Nigeria petrol subsidy nears N1tn
By Melvin Onwubuke Petrol subsidy in Nigeria has reportedly returned and now higher than before President Bola Tinubu stopped the costly practice during his inaugural speech last May. According to…
NLC declares two-day warning strike
The leadership of the Nigeria Labour Congress has declared a two-day nationwide mass protest planned for February 27 and 28. Joe Ajaero, the President of the NLC, made this announcement…
Cement price skyrockets to N15,000 in Abuja
The price of a 50 kg bag of cement in the Federal Capital Territory has increased to between N10,000 and N15,000. According to DAILY POST, a survey carried out in…
South Africa’s richest man Johann Rupert gains $2.2bn one month
South Africa's wealthiest man, Johann Rupert, has witnessed a significant surge in his net worth, with a gain of $2.2 billion in less than a month. As of the market…
FG shuts Abuja supermarket over customers’ extortion
By Wilson Adekumola The head office of the Sahad Supermarket and Stores has been sealed off by the Federal Competition and Consumer Protection Commission over customers extortion and lack of…
Operators push for improved tax administration
Governments at all levels have been tasked by tax practitioners to enhance their tax administration procedures in order to foster economic growth. According to The PUNCH, during a panel discussion…
Pelican Valley trains Ogun corps members on entrepreneurship
Chief executive officer of Pelican Valley, Babatunde Adeyemo, has counselled National Youth Service Corps participants in Ogun State to begin thinking about starting their own business instead of making the…
ECOWAS, others encourage African goods at Trade fair
When friendly countries and the Economic Community of West African States come together in Lagos in September for the fourth edition of Ecofairs, the development of trade among West African…
Aviation ministry gets N40bn approval for NAVAID upgrade
The Minister of Aviation and Aerospace Development, announced that he has been granted clearance to spend N40 billion on upgrading and purchasing navigational equipment across the country. ThisDay reported that…
Five Nigerian startups receive N196m funding
Orange Corners Innovation Pitch Competition awarded €120,000 (about N196.05 million) to five Nigerian entrepreneurs. The Punch stated that Deluxe Creation Studios, Film Anatomie Manufacturing, Tquart Food, Klay Functional Foods &…
