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UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025

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Trump signs executive order establishing US Bitcoin reserve

Harvard hit with another $450m funding cut by Trump

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Nvidia unveils new AI, gaming chips, desktop computer at CES 2025

Nvidia to sell 18,000 AI chips to Saudi Arabia

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EU to hold Temu, Amazon liable for dangerous goods

Relief for Shein, Temu as US relaxes tariffs

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CBN schedules 300th MPC meeting for May 19-20

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featured

Nigerian airspace completely covered by radar, says NAMA

The Nigerian Airspace Management Authority affirms that the Nigerian airspace is completely covered by radar. This was disclosed in a statement by the Managing Director of NAMA, Mr. Ahmed Farouk, on Saturday in Lagos, according to Thisday. Farouk stated that Nigeria’s radar stations, located in Kano, Lagos, Abuja, and Port Harcourt, are all operational. He […]

featured

Inflation rate surges to 33.95% in May 2024 – NBS

Nigeria’s annual inflation rate rose to 33.95 percent in May, marking the fourth consecutive month of increases, as citizens grapple with the high cost of food and goods. The National Bureau of Statistics released the latest Consumer Price Index report, on Saturday which showed that Nigeria’s inflation rate increased to 33.95% in May 2024 from […]

Aviation

Dubai’s new airport to handle 260m passengers annually

The CEO of Dubai Airports, Paul Griffiths, has stated that after the $35 billion Al Maktoum International Airport extension is finished, the emirate will be known as the best, largest, and busiest air passenger terminal in the world, handling 260 million passengers annually. This was disclosed by Griffiths in an interview with Al Arabiya English, […]

News

Technical, financial support to Nigeria worth over $15bn – W’Bank

The World Bank has stated that its technical advisory and finance to support economic growth in Nigeria today totals more than $15 billion. This follows the bank’s disclosure that it had invested in sectors such as reliable power and sustainable energy, girls’ education and women’s economic empowerment, climate adaptation and resilience, water and sanitation, and […]

News

NUPRC deploys fund managers for Host Community Trust Funds

The Nigerian Upstream Petroleum Regulatory Commission stated it had identified 31 competent fund managers to invest 20% of the 3% yearly funds accruing to Host Communities Development Trust Funds. This was disclosed by the Chief Executive Officer of NUPRC, Engr. Gbenga Komolafe in his keynote address during a Town Hall meeting held at Watbridge Hotels, […]

Business

TotalEnergies shareholders authorise N8.49bn dividend

TotalEnergies Marketing Nigeria Plc’s shareholders have authorized a dividend of N8.49 billion for the fiscal year 2023, at N25 per share. This was disclosed at the 46th Annual General Meeting of the company which was held on Friday in Lagos. According to the company’s annual report, the board suggested a dividend of N25 per share […]

News

Wema Bank obtain regulatory approval for N40bn rights issue

Wema Bank has obtained regulatory permission for the allotment of its N40 billion rights offering, which began in December 2023. This marks the completion of the first tranche of its recapitalisation exercise, which began before the Central Bank of Nigeria urged banks in the country to broaden their capital base. This was disclosed in a […]

 Tapswap postpones token allocation indefinitely
Tech

Tapswap project to debut on Open Network blockchain

The Tapswap team has finally announced that their project will now debut on the Open Network blockchain, allaying any doubts regarding the blockchain. This was disclosed in a statement by the Tapswap team via their official X account, stating why it would be launched on the TON blockchain. “Exciting News: Blockchain Announcement We’re thrilled to […]

News

French Embassy unveils €753,000 waste management project in Nigerian universities

The French Embassy in Nigeria, through its Cooperation and Cultural Department, has initiated a €753,000 plastic waste management project that will be implemented in 13 Nigerian colleges. This was disclosed by the Science and Higher Education Attache, Mr Sebastien Bede, at a news conference on Friday in Abuja, according to Nairametrics. Bede said that the […]

News

Multichoice had N31.6bn with defunct Heritage Bank – Report

Multichoice Group, owners of DSTV, before the bank’s liquidation, had an account balance of N31.6 billion with Heritage Bank, according to Nairametrics. Multichoice had a deposit of N33.7 billion (488 million South African Rands) with the bank, as of the fiscal year’s end on March 31, 2024, according to the group’s annual report for FY […]

featured

Court discharges embattled Binance exec Gambaryam

The Federal High Court on Friday freed Tigran Gambaryan, a 39-year-old American, and Nadeem Anjarwalla, a fugitive, from the Federal Inland Revenue Service tax evasion prosecution against Binance, a cryptocurrency exchange platform. The court reached the judgment in a brief after the FIRS submitted new revised charges in response to a notice from Binance over […]

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