NRC to begin night operations
The Nigeria Railway Corporation has finalized preparations to begin night operations in the second quarter of 2024. The News Agency of Nigeria reported that the NRC's Managing Director, Fidet Okhiria, said…
Passengers lament high transport costs despite FG’s 50% cut
Despite the Federal Government's 50% fare discount, travelers have expressed disappointment that the promised respite has yet to materialize, and transportation expenses remain high. The PUNCH reported that President Bola…
PMI rises to 52.7 in December – Report
The most recent Stanbic IBTC PMI survey has revealed that the business environment in Nigeria improved in December 2023, with the Purchasing Managers Index climbing to 52.7 from 48.0 in November. The…
Manufacturers urge FG to clear $7bn debt
The Manufacturers Association of Nigeria has requested the Federal Government to resolve the present $7 billion Forex backlog. The PUNCH reported that MAN has stated that 2024 may not be a…
NAFDAC cuts licensing fees by 65%
The National Agency for Food and Drug Administration and Control reported that the processing fee for renewing registration for domestically manufactured items has been cut by 65% to N44,200. According…
FBNH, GTCO join NGX banking index
The Nigerian Exchange Limited reviewed the indexes and added some banking stocks to the Banking Index, including FBN Holdings, Guaranty Trust Holding Company Plc, FCMB Group, and Stanbic IBTC Holdings…
Equity investors make N666bn on first trading day
The Nigerian Exchange Limited's market capitalization increased by 1.63 percent on Tuesday, the first day of trading in the New Year, adding nearly N666 billion to investors' wealth even as…
Zuckerberg now richer than Buffett with $7bn – Report
The Forbes Billionaire Index shows that Meta's founder, Mark Zuckerberg, has surpassed the famed businessman Warren Buffett in terms of wealth by $7 billion. Zuckerberg now has a net worth…
Polo Luxury promotes Rolex brand in Nigeria
A luxury goods company, Polo Luxury, has stated that it is happy to be developing the Rolex brand in Nigeria in a way that benefits both Polo and its partners. The PUNCH…
Firm provides training support to SMEs
Stage Africa Media & Advisory has established Small Business Saturday, an initiative to empower and support entrepreneurs across Nigeria. The PUNCH reported that Stage Africa Media and Advisory said in…
Nigerian Stock Exchange begins 2024 on positive note
The Nigerian Stock Exchange started on a positive note as the All-Share Index broke beyond the 75,000 barrier. The closing value of the All-Share Index was 75,990.88 points, an increase…
Telegram updates call feature
Telegram has updated its call feature promising better calls with a redesigned feature that consumes less battery life. Along with these improvements, the update adds new animations and upgrades to…
