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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
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  • 7th May 2025
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  • 7th May 2025

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Senate passes remaining tax reform bills

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Nigeria secures additional $215m W’Bank loan for palliatives

Banking
EFFC Dangote raid crashes Nigeria dollar bond one week - Bloomberg

Dangote, NNPC commit to collaborative efforts for national development

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Aviation

VistaJet unveils flexible charter services

VistaJet, an international aviation company, with a fleet of over 300 jets, has expanded its services to Nigeria, offering customised private jet services. This was recently launched at the Nnamdi Azikiwe International Airport, Abuja, according to The Punch. The aviation company sees Nigeria as a major aviation with so many opportunities to explore. The company’s […]

Maritime

Maritime stakeholders reveal Nigeria loses trillions annually

Maritime stakeholders have said that the country loses N1 trillion annually due to the lack of cash disbursed from the Cabotage Vessels Financing Fund. This was disclosed by stakeholders in the maritime sector during a recent meeting with the new Director General of the Maritime Administration and Safety Agency, Dr. Dayo Mobereola in Lagos, according […]

News

FG can’t impose taxes on Nigerians without raising income – Senator Ndume

Senator Ali Ndume has faulted the controversial cybersecurity levy recently introduced by the Central Bank of Nigeria, saying that the Federal Government cannot continue to impose levies on Nigerians without increasing their income. This was disclosed by Senator Ndume during a live appearance on Channels Television on Friday. Ndume emphasized the introduction of the cybersecurity […]

Minister threatens to revoke Kogi-Benin Road contracts
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Lagos-Calabar: Umahi to livestream Reps panel probe

The Minister of Works, Senator David Umahi, has said he is willing to face the House of Representatives probe panel over the controversy surrounding the N15tn Lagos-Calabar Coastal Highway road project. Umahi added that he would ensure the exercise was carried out live on television for all Nigerians to see. The minister emphasized there was […]

IMF lowers 2024 growth projections for Nigeria
News

IMF urge Nigeria to regulate Crypto trading platforms

The International Monetary Fund has urged the Nigerian government to direct global crypto trading platforms to register or obtain licences before operating in the country. This was disclosed by the Fund in the Article IV Staff Consultation Report of the Board of Governors of the global organization, published in Washington on Thursday, according to Channels […]

Apple shifts iPhone production from China to India amid tariff pressures
News

Apple tenders apology over iPad Pro ad after backlash

Apple issued an apology on Thursday following backlash over an advertisement promoting its latest iPad Pro model, the Ad Age magazine reported. The ad, titled “Crush,” came under fire for depicting animated musical instruments and other symbols of creativity being crushed by an industrial crusher. “We missed the mark with this video, and we’re sorry,” […]

Banking

Olufowose appointed as new Chairman of First Bank board

First Bank Nigeria Limited has appointed Ebenezer Olufowose to succeed Tunde Hassan-Odukale as the chairman of the board of the bank. This was disclosed by the bank in the notice filed with the Nigerian Exchange Group on Thursday. Odukale’s departure marks the end of his 12 years of service on the board, which corresponds to […]

NCC directs telecoms to audit billing systems
News

NCC partners Nokia to train Nigerians on 4G/5G technology

In a bid to equip young Nigerians with cutting-edge telecommunications skills, the Nigerian Communications Commission has inked a significant Memorandum of Understanding with Nokia Solutions and Networks Nigeria. This collaboration aims to provide comprehensive training on the latest 4G/5G radio and transmission technologies. The Executive Vice Chairman of the NCC, Dr. Aminu Maina, unveiled this […]

Spotify pays $10bn to music industry in 2024
News

Spotify pays Nigerian artists N25b royalties

Music streaming platform, Spotify, has unveiled that it disbursed over N25 billion in streaming royalties to Nigerian artists throughout 2023. This significant disclosure was made within the pages of its annual Loud & Clear report, a comprehensive analysis focusing on the Nigerian music market. According to Spotify’s report, the earnings for Nigerian artists in 2023 […]

Samsung issues update for Galaxy users' security
News

Samsung issues update for Galaxy users’ security

Samsung, the tech giant renowned for its innovative devices, has issued a crucial update for its flagship smartphones, emphasizing the installation of two “critical” security fixes. Among these fixes, one is notably overdue and necessitates urgent installation. The belated critical fix, initially part of Google’s April security release, addresses a Qualcomm modem issue that could […]

News

AMEX unveils Nigeria’s first business card

O3 Capital, a leading Nigerian fintech and the country’s first non-bank credit card issuer has announced a partnership with American Express to issue business credit cards in Nigeria, potentially improving access to dollars in the country. O3 Capital said the firm has partnered to issue four new American Express credit cards: the O3 American Express […]

Nigeria's FX reserves hits $32.3bn, rises by $262m
News

Nigeria’s FX reserves hits $32.3bn, rises by $262m

Nigeria’s foreign exchange reserves have surged to $32.369 billion as of May 6, 2024, marking a significant rebound from a recent one-month decline that saw reserves dip to $32.107 billion. According to the latest report from the Central Bank of Nigeria (CBN), the country’s foreign reserves experienced a commendable increase of $262 million after weeks […]

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