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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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The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation
News

NGX lays off 40 staff members

The Nigerian Exchange Group has initiated staff layoffs in the aftermath of its recent Annual General Meeting held in Lagos. Over 40 employees of the NGX Group were reportedly affected by the downsizing, with key personnel within the organization being instructed to step down, Nairametrics reported. Among those affected are regulatory officers, compliance managers, audit […]

First Bank lays off 100 senior staff in restructuring move
News

FBNBank Ghana rebrands to FirstBank Ghana

FBNBank Ghana has announced its rebranding to FirstBank Ghana, aligning with the identity, values, and vision of its parent company, FirstBank Group. This strategic move reflects the bank’s commitment to customers, stakeholders, and the community it serves. The rebranding is part of a broader initiative across FirstBank Group’s subsidiaries in Africa and Europe to leverage […]

News

[ICYMI] Largest container ship berths at Onne port

The Onne Multipurpose Terminal at Onne Port Complex has revealed that it hosted the largest container ship ever to carry out full operations at an eastern port. According to a recent statement by the terminal operator, the container ship, named Kota Cempaka, which is owned by Pacific International Lines, is 300 meters long, and could […]

Economy

CBN impose 0.5% Cybersecurity Levy on electronic transfers

The Central Bank of Nigeria has directed the banks in the country to start charging a 0.5 per cent cybersecurity levy on electronic transfers. This was disclosed by the CBN via a circular signed by the director of payments system management, Chibuzor Efobi, and the director of financial policy and regulation, Haruna Mustafa. According to […]

Bitcoin drops to $60,000 amid escalating Iran-Israel tensions
Crypto

Bitcoin completes 1bn trading volume

Alex Omenye The Bitcoin Network has achieved a momentous milestone by processing its one billionth transaction, marking a significant event in its 15-year history. As reported by CoinTelegraph, the milestone transaction, numbered 1,000,000,000, was confirmed in block 842,241 at 9:34 pm UTC on May 5, according to data from bitcoin user Clark Moody’s dashboard. This […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
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FG target $750m W’Bank loan, may reintroduce telecom tax

The Federal Government may reintroduce previously suspended telecom tax and other fiscal measures to secure a new $750m loan from the World Bank. This follows the Stakeholder Engagement Plan for Nigeria – Accelerating Resource Mobilisation Reforms programme between Nigeria and the World Bank. this was disclosed in a document posted on the World Bank’s website […]

Aviation

Shareholders reject Boeing CEO’s 45% pay rise

The Institutional Shareholder Services called on Boeing Company investors to vote against a $32.8 million pay package for its chief executive officer, David Calhoun, citing concerns over a special equity award and a “sizable increase” in his long-term incentive grant. This was disclosed by the shareholder advisory firm at the company’s annual meeting, according to […]

News

DMO unveils May FGN savings bond rates

The Debt Management Office has announced that the federal government of Nigeria is offering bonds for May. This was disclosed in a circular posted on the official X handle of DMO on Monday. According to the announcement made by DMO, the bond offering comes in two categories. The 2 years and the 3 years saving […]

CAC denies irregular recruitment
News

CAC, fintech firms partner to register PoS operators, merchants

The Corporate Affairs Commission has announced that it will partner with fintech companies in Nigeria, better known as PoS operators, for a two-month timeline to register their agents, merchants, and individuals across the country. This follows the Central Bank of Nigeria’s directive to have PoS operators in Nigeria registered by CAC. This agreement was revealed […]

FG to intervene in building, manufacturing sector – Shettima
News

Shettima cancels US business trip, blames faulty aircraft

The Vice-President, Kashim Shettima has aborted his planned trip to the United States of America to attend the 2024 US-Africa Business Summit in Dallas, Texas. This was disclosed by the Senior Special Assistant to The President on Media & Communications, Stanley Nkwocha in a statement on Monday, noting that the Minister of Foreign Affairs, Ambassador […]

Twitter co-founder Jack Dorsey quits Bluesky board
News

Twitter co-founder Jack Dorsey quits Bluesky board

The main supporter of Bluesky has stepped down from its board. Jack Dorsey announced grants for open protocols from his Start Small initiative on X. Someone asked him if he was still on the Bluesky board, and he replied with a short “no.” He didn’t respond to further questions asking why he left. It’s unclear […]

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