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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
Trump signs executive order establishing US Bitcoin reserve

Investors flee to Europe, Japan amid trade war

  • 7th May 2025

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Amazon plans stand-alone app for payments in India

Amazon enters quantum race with launch of Ocelot chip

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9mobile loses over 300,000 subscribers as roaming deal with MTN faces delays

9mobile loses over 300,000 subscribers as roaming deal with

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Africa can lead AI-driven deep tech, says El Habti

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UAE commits to $25bn Nigeria-Morocco gas pipeline project

UAE commits to $25bn Nigeria-Morocco gas pipeline project

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Naira exposure to forces of demand, supply suicidal – Stockbrokers

The Chartered Institute of Stockbrokers has raised concerns about the impact on companies with a major foreign exchange component, which are posting losses or substantial decreases in profits as a result of recently implemented market reform. This was disclosed in a statement by the CIS President and Chairman of the Council, Mr. Oluropo Dada, at […]

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FG to start home delivery of passports in June

The Federal Government assured that in June, the home delivery of passports would start making it unnecessary for Nigerians to go to an immigration office before obtaining a passport. This was disclosed by the Minister of Interior, Olubunmi Tunji-Ojo, during an inspection of the electronic gates at the Nnamdi Azikiwe International Airport’s new terminal on […]

Nigerian Education Loan Fund addresses student complaints on loan application
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Nigerian Education Loan Fund addresses student complaints on loan application

The Nigerian Education Loan Fund has responded to recent complaints from students facing challenges while applying on the Student Loan Application portal. The organization addressed these issues collectively as follows: 1. Missing school in the list of institutions: NELFUND advises students whose schools are not listed to contact their institution’s ICT department, which should then […]

Tech titan Jensen Huang surpasses Walton family in wealth
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Tech titan Jensen Huang surpasses Walton family in wealth

Nvidia Corp’s co-founder, Jensen Huang, has surpassed each member of Walmart’s founding Walton family in terms of personal wealth, highlighting the growing dominance of tech giants. Following Nvidia’s impressive performance in the latest quarter, Huang’s net worth soared to $91.3 billion, securing him the 17th spot on the Bloomberg Billionaires Index. The bulk of Huang’s […]

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NELFUND resolve complaint on student loan application portal

The Nigerian Education Loan Fund has resolved the recent complaints from some students about their challenges while trying to apply on the Student Loan Application portal. The organization therefore addressed some of these issues collectively as follows, according to Nairametrics. If a student’s school is not on the list of institutions, NELFUND has advised that […]

News

Nigeria, Germany partner to tap $130bn hydrogen market

Vice President Kashim Shettima has said that Nigeria is partnering with Germany to take advantage of the $130 billion global hydrogen market to develop its clean energy sector. This was disclosed by Shettima on Friday when he received on a courtesy visit to the Presidential Villa, a German delegation led by a member of the […]

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NSIB mandates NCAA to review Dana Air’s operating procedures

The Nigeria Safety Investigation Bureau has mandated the Nigeria Civil Aviation Authority to review the training program and standard operating procedures of Dana Air Limited This was disclosed in the four incidents and accident reports and 20 safety recommendations released on Thursday at a virtual news conference. According to the Bureau, the review should highlight […]

Business

Champion Breweries shareholders approve 559m shares allotment plan

The shareholders of Champion Breweries Plc approved the allocation of 559,249,714 unallocated and unissued ordinary shares of 0.50 kobo per share from the company’s authorised share capital proposed by the Board of Directors. The approval was disclosed in a statement by the shareholder in a special resolution at the company’s 48th Annual General Meeting (AGM) […]

Banking

UBA hits N2trn revenue, raises N607.69bn post-tax profit

United Bank of Africa has announced a 143 per cent increase to N2.08 trillion in its gross revenue for the 2023 financial year, its highest ever, as well as a profit after tax of N607.69 billion. The company’s profit before tax increased by 277.2 per cent to N757.68 billion. This was disclosed by Chairman of […]

Electricity

Power supply hits 5,000MW first time in three years – Adelabu

The Minister of Power, Adebayo Adelabu, has announced that the power sector in Nigeria achieved an impressive output of 5000 megawatts in three years as stakeholders continue their efforts to increase electricity production. This was disclosed by Adelabu in a statement during a press briefing on Friday in Abuja, according to Nairametrics. Adelabu said that […]

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