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

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NDPC, Gates Foundation, KPMG partner on open banking

The Nigeria Data Protection Commission is partnering with the Bill and Melinda Gates Foundation and KPMG, to develop open banking frameworks aimed at enhancing financial inclusion. Financial inclusion is the provision of banking and financial services to individuals, offering basic financial services such as savings, credit, payments, and insurance, to capture everyone in society. NDPC […]

Banking

FCMB’s digital revenue rises to N60bn

FCMB Group Plc has disclosed its digital revenue increased by 62.4 per cent to N60.3 billion in 2023 compared to N37.1 billion in the previous year. This was disclosed by FCMB Group in its audited financial statements for 2023 filed with the Nigerian Exchange Limited, according to The Punch. In line with an increase in […]

Communication skills emerge LinkedIn’s most-in-demand skill for 2024
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LinkedIn launches Wordle-Style puzzle games

Alex Omenye LinkedIn, the renowned professional network synonymous with job listings, is making waves in the gaming world with its introduction of Wordle-style puzzle games. Following their initial sighting within the app weeks ago, the company is rolling out three engaging games to its platform. The trio of games includes Pinpoint, challenging players to decipher […]

Oil and Gas

Israel-Iran tension cause of fuel shortage – IPMAN

The National Secretary of the Independent Petroleum Marketers Association of Nigeria, James Tor, has said that the Israel-Iran crisis is the major cause of the current paucity of fuel in Nigeria. He made this disclosure during an interview on Arise on Wednesday. Tor underlined the role of the Federal Government in importing petroleum products and […]

News

Naira devaluation biggest mess created in 2023 – Dangote

The President of Dangote Industries Limited, Aliko Dangote, has described the devaluation of the naira by the administration of President Bola Tinubu in 2023 as the biggest problem his company and many other businesses faced in 2023. Floating the naira allows forces of demand and supply in the market to determine its value. This was […]

Air Peace denies alleged safety protocol violations in UK
Aviation

Air Peace blames bad weather for flight disruption

Nigerian Air Peace Airline has announced that flight disruption experienced by passengers across their network on Tuesday and Wednesday was a result of bad weather. This was disclosed in a statement by Air Peace via its official X handle on Wednesday. In the statement, passengers witnessed several flight delays and some others diverted. The statement […]

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BUA executive director Jacques Piekarski resigns

BUA Cement Plc has announced the resignation of its Executive Director/Chief Finance Officer, Mr. Jacques Piekarski effective 30th April 2024. This was disclosed in a notice filed by the Company Secretary/Chief Legal Officer, Satomi Hauwa with the Nigerian Exchange Limited on Tuesday. In addition, BUA plc also announced Mr. Chikezie Ajaero the acting Chief Finance […]

News

Minimum wage increase won’t worsen inflation – TUC president

The president of the Trade Union Congress, Festus Osifo on Wednesday said that raising the minimum wage for civil servants will not lead to inflation. Osifo made this disclosure while speaking on the Channels Television programme ‘Morning Brief’. He said, given the increased revenue allocation to States since May 2023, there is a justified reason […]

34.3% of employed Nigerians trapped in poverty - Report
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34.3% of employed Nigerians trapped in poverty – Report

A recent report published by the African Development Bank sheds light on a concerning reality: despite being employed, a significant portion of Nigeria’s workforce continues to grapple with poverty. According to the Nigeria Country Diagnostic Note 2023, approximately 34.3% of Nigerian workers aged 15 and older are categorized as the “working poor,” living below the […]

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Africa World Airlines, Paystack partner to boost ticket sales

Africa World Airlines has announced it has entered into strategic a partnership with Paystack, a financial technology company that offers payment processing services to businesses. This disclosure was made in a statement by the Head of Commercial, Africa World Airline, Jonathan Appiah, according to The Punch. According to AWA, the collaboration represents a major step […]

CBN sells $10,000 to BDCs at N1,101/$
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Naira gains, sells N1390 per dollar at official market

The naira appreciated by N29 or 2.1 per cent to N1,390 per dollar, compared to N1,419 per dollar recorded on Monday at the official market known as the Nigerian Autonomous Foreign Exchange Market. In addition, the dollar supply in the official foreign exchange market reached a substantial sum of $7.3bn in March and April, according […]

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