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Obasanjo insists Port Harcourt, Warri, Kaduna refineries won’t

  • 27th April 2026
South African billionaire Wiese sells Shoprite shares worth $49.5m

Lagos court bars Shoprite directors from selling assets

  • 27th April 2026
Toyota explores regenerative cell tech to power lunar power

Toyota sales drop as Middle East tension disrupts

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Nigerians to present BVN, NIN for dollar bond subscription

DMO plans N700bn federal bond auction for April

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Obasanjo insists Port Harcourt, Warri, Kaduna refineries won’t work

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Engineers working on railway
Business

FEC approves N454bn for rail transport, others 

The Federal Executive Council on Wednesday approved a sum of N453.90bn for the purchase of rolling stock, operation, and maintenance equipment for the Kano-Maradi standard gauge rail line, which is presently being built. The Punch reported that the approved amount also includes N510.93m, which will be used to acquire four customised fire service and search […]

Tony Elumelu Foundation to support female farmers
Business

TEF’s entrepreneurs generates $2.3bn since 2015

The Tony Elumelu Foundation has trained and provided support to African entrepreneurs, who have collectively earned $2.3 billion in revenue since 2015. According to The Punch, the information was shared in a brochure created to celebrate the 60th birthday of the foundation’s founder, Mr. Tony Elumelu, on Wednesday. The foundation, which has a pan-African focus, […]

Naira redesign: Emefiele apologies for failed cashless policy
News

Naira redesign: Emefiele apologies for failed cashless policy

    The Governor of the Central Bank of Nigeria, Godwin Emefiele, has apologized for the failed electronic banking transactions which many Nigerians have been subjected to in recent months. According to Channels, Emefiele during a two-day monetary policy committee meeting in Abuja on Tuesday, promised Nigerians that the issues regarding electronic transactions will soon […]

General Motors
Business

US drivers to sue GM over faulty vehicle transmission

A federal judge in Detroit, United States has approved a class-action lawsuit brought by drivers in 26 states against General Motors, claiming the auto giant made defective transmissions for around 800,000 vehicles produced between 2015 and 2019. Reuters reported that the U.S. District Judge David Lawson’s decision on Monday involved different models, including Chevrolet and […]

World Trade Organisation Logo
Business

WTO’s opens applications for 2024 Young Professionals Programme

The World Trade Organisation has on Tuesday announced the opening of applications into its 2024 Young Professionals Programme. According to WTO, YPP “aims at providing young professionals with an opportunity to develop their skills and gain experience in the field of international trade.” “Young Professionals Programme is a technical assistance programme overseen by the WTO’s […]

Natural gas'll boost Nigeria, Africa's economy - IGU
Oil and Gas

Natural gas will boost Nigeria, Africa’s economy – IGU

The International Gas Union has urged Nigeria and other gas-rich African nations to adopt indigenous natural gas production to boost Nigeria and Africa’s economy. This recommendation was given by the organization in its Global Voice of Gas report from March 2023, which also observed that recent spikes in energy, food, and supply chain costs have […]

TETFund urges FG to increase education tax
featured

FG waives 5% excise duty on telecom services

The Federal Government has announced that telecom services will no longer be subject to the Finance Bill 2022’s 5% excise charge requirement. Nairametrics reported that the government claimed that the exemption was in line with the suggestions of the committee it established to assess the Duty’s applicability to the telecom sector, which is thought to […]

Minister of Aviation, Hadi Sirika, during a State House Briefing in Aso Villa
Business

FG to meet aviation stakeholders on Thursday

The Minister of Aviation, Hadi Sirika, will be meeting with aviation stakeholders in Abuja on Thursday, continuing the tradition of regular engagements with major players in the aviation industry since the beginning of the Buhari administration. According to The Punch, the Special Assistant to the minister on Public Affairs, James Odaudu, said the aim of […]

Reception view of KUDA bank
Business

IWD: Kuda plans month-long events for female professionals

Kuda Microfinance Bank has announced plans to organise a sequence of events lasting a month for female professionals, aimed at commemorating this year’s International Women’s Day. The objective is to foster equity and support the professional advancement of women. According to The Punch, a statement from Kuda revealed that the objective of the campaign was […]

A branch of LAPO Microfinance Bank
Banking

LAPO MFB rewards customers to encourage saving

Some customers of Lapo Microfinance Bank have received cash prizes as a reward in the bank’s raffle draw promotion and for saving. The Punch reported that the draw was during an event organised by Lapo that took place live at the bank’s head office in Lagos to encourage savings culture among Nigerians. During the promotion, […]

Nike's sneaker frenzy drives revenue beyond expectations
News

Nike’s sneaker frenzy drives revenue beyond expectations

Nike Inc’s third-quarter revenue has beaten analysts’ expectations, driven by the strong demand for its iconic sneakers like the Jordan Retro in North America and Europe. The world’s largest sportswear maker’s shares rose by approximately 5% in extended trading following the news. Nike’s success can be attributed to its highly successful franchises such as Jordan […]

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