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Spain deploys military to Ceuta as migrant surge

  • 31st July 2026

MTN posts record N1.09tn H1 profit before tax

  • 31st July 2026

Naira hits N1,834 against British pound

  • 31st July 2026

NNPC absorbs 1,000 interns into workforce after training,

  • 31st July 2026

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Anthropic’s Claude breached three live systems during cybersecurity tests

Tech

Apple warns chip shortages could hit future iPhone, MacBook

Tech

Spain deploys military to Ceuta as migrant surge leaves

Business

MTN posts record N1.09tn H1 profit before tax

Business

Blog

Ecobank reveals progress in quest to create strategic roadmap
Agribusiness

Ecobank, IITA train 16,000 youths to generate income through agriculture

In order to teach 16,000 Nigerian youths how to build wealth through agriculture, Ecobank Nigeria Limited announced a partnership with the International Institute of Tropical Agriculture. Young Nigerians between the ages of 18 and 40 are the target audience for the program, which will include important areas of specialty like poultry, aquaculture, horticulture, and value […]

Global financial stocks lose $465bn over SVB collapse
Banking

Global financial stocks lose $465bn over SVB collapse

As a result of investors reducing their exposure to lenders from New York to Japan in the wake of Silicon Valley Bank’s failure, the market value of global financial equities has fallen by $465 billion in only two days. According to Bloomberg, the MSCI Asia Pacific Financials Index lost as much as 3.1% on Tuesday, dropping […]

Nigeria Breweries suffers N70bn FX loss
Foods

2.1bn Nigerian Breweries shares registered on SEC

The Securities and Exchange Commission has registered the 2,055,226,476 bonus shares that Nigerian Breweries shareholders authorized at an extraordinary general meeting on December 8, 2022. Nairametrics reported that this was made known in a corporate declaration that was issued to the Nigerian Exchange Limited. According to the statement, which was signed by the company secretary, Uaboi Agbbaku, […]

SVB collapse deepens crisis fears despite US intervention
Banking

SVB collapse deepens crisis fears despite US intervention

On Tuesday, after assurances from President Joe Biden and other authorities failed to soothe the markets and triggered a reevaluation of the outlook for interest rates, the fallout from the failure of Silicon Valley Bank further battered international bank equities. According to Reuters, Biden’s attempts to assuage investors’ concerns about a possible spread of the […]

Dangote Sugar names Lawan Wabi non-executive director
Foods

Dangote Sugar names Lawan Wabi non-executive director

Mrs. Yabawa Lawan Wabi has been appointed by the board of directors of Dangote Sugar Refinery Plc  as an independent Non-Executive Director. Nairametrics reported that the appointment was disclosed in a notice to the Nigerian Exchange Limited The nomination was approved by the board at its meeting on February 28, 2023, according to a statement […]

Los Angeles CleanTech Incubator
Business

US firm launches $30m fund for women-owned startups

Los Angeles Cleantech Incubator has launched a second fund and it’s supported by the former California Governor Arnold Schwarzenegger. The aim of the funds is to help communities who cannot easily access finance. The fund is expected to reach $30 million. LACI, was founded by the city of Los Angeles and its department of water and power […]

Asset
Business

Group target ‘ambitious’ N30trn asset in 30 years

Lancelot Group has announced its  projections to grow its assets to N10tn in the next 30 years. The Group Executive Chairman Mr Adebayo Adeleke, said this in a statement during a lunch event organised in commemoration of the the 30 years anniversary of the Group Ventures Limited in Ikeja, Lagos. Lancelot Group operates in the […]

100% cashless economy possible in Nigeria - Emefiele
Policy and Regulations

BREAKING: CBN bows to pressure, okays Dec 31 old naira notes deadline

Cbn itThe Central Bank of Nigeria has said that the old N200, N500, N1,000 banknotes remain legal tender till December 31, 2023.   This announcement was made by the apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin, on Monday in a statement, according to Channels TV.   The statement read, “In compliance with the […]

NCC dismisses rumors of telecom tariff increase
Telecommunications

NCC approves harmonized short codes for telecom services

The Nigerian Communications Commission has instructed mobile network operators to start implementing authorized harmonised short codes for offering specific services to telecom users in Nigeria as part of its consumer-centric approach to telecommunications regulation. The timeframe for all mobile networks to completely transition from the previously disparate short codes to the harmonised codes has already been established […]

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