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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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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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Speculative FX demands cause of weak naira - CBN

NIMC releases revised price list for NIN services

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FAAN diverts two Kano-bound aircraft to Lagos over runway light outage

FAAN unveils modern domestic cargo facility in Lagos 

Aviation
Amazon plans stand-alone app for payments in India

Amazon enters quantum race with launch of Ocelot chip

Tech
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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Blog

FilmHouse co-founder Moses Babatope to launch new media company
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FilmHouse co-founder Moses Babatope to launch new media company

Co-founder of Filmhouse Group and former Managing Director of FilmOne, Moses Babatope, is gearing up to unveil a new media and entertainment venture. The announcement of this venture was made in a statement on Wednesday. Addressing rumors of a non-compete agreement with his former companies, Babatope clarified that such claims were false. “There are rumors […]

News

NBTI generates over 22,000 direct employment opportunities – DG

The National Board for Technology Incubation has said it generated over 22,000 direct employment opportunities through its community incubation centers nationwide since its establishment in 2005. This was disclosed by the Director-General of NBTI Dr. Uchenna Chukwu in an interview in Abuja on Wednesday, according to nairametrics. Chukwu pointed out that through its community incubation […]

Nigeria Exchange in decline two weeks in a row
News

Stock market loses N673bn after 119.24 points drop

The Nigerian Stock Exchange closed on a bearish note as selloffs overtook buying activities. The All Share Index dropped by 1,190.24 points to settle at 98,121.30, indicating widespread investor pessimism compared with its previous level of 99,311.54, according to the NGX group. The market capitalisation also declined by about N673 billion, compared to the previous […]

TikTok removes more Universal Music songs as conflict worsens
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TikTok under fire as US mandates sale within a year

Alex Omenye President Biden took action on Wednesday by signing a law aimed at prohibiting Chinese-owned TikTok unless it undergoes a sale within a year. This move represents the most significant threat yet to the future of the video-streaming app in the United States, escalating tensions in America’s tech conflict with China. However, immediate disruptions […]

EFCC investigating Sirika's Nigerian Air deal – Keyamo
Aviation

Keyamo inaugurates committee to enhance aviation safety

The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, on Tuesday inaugurated the National Executive Safety Committee to boost safety in Nigeria’s aviation sector. This was disclosed in a statement via post on the official X handle by the Nigeria Civil Aviation Authority on Wednesday. In the statement, the Committee was established in accordance […]

News

Multichoice Nigeria hikes DStv, GOtv subscription prices

Multichoice Nigeria, a Pay-TV operator, has announced a hike in the price of its DStv and GOtv packages This follows the initial price review implemented on May 1, 2023. The latest price hike shows that the DStv Premium package increased from N29,500 to N37,000. Similarly, the DStv Compact+ went up from N19,800 to N25,000 while […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
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FG approves first phase of Consumer Credit Scheme

The federal government has announced the approval of the first phase of the Consumer Credit Scheme. This was disclosed in a Press release statement by the Special Adviser to the President, Ajuri Ngelale on Tuesday. According to the statement, Consumer credit allows citizens the opportunity to access goods and services upfront, paying responsibly over time. […]

FG suspends Dana Air after Lagos airport incident
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FG suspends Dana Air after Lagos airport incident

The Nigerian Civil Aviation Authority has issued a suspension on the operations of Dana Air. This decision stems from an incident involving a Dana Air plane at Lagos airport on April 23, prompting aviation authorities to redirect flights from the local to the international airport. The suspension was authorized by Festus Keyamo, the Minister of […]

One in six Nigerian children face hunger over food inflation - Report
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One in six Nigerian children face hunger over food inflation – Report

A recent report by Save the Children has projected that approximately one in every six children, totaling 15 million, in Nigeria will face hunger starting from June 2024. This projection indicates a 25% increase compared to 2023 figures, with conflicts, banditry, and soaring food prices being the primary contributing factors. This surge translates to an […]

News

FX spot market hit $12.61bn turnover in March – Report

The March turnover in the spot foreign exchange market amounted to $12.61 billion (N19.29 trillion), reflecting a notable month-on-month increase of 47.66% ($4.07 billion) compared to February 2024 ($8.54 billion). These figures were disclosed in the FMDQ Markets Monthly Report for March. The report indicated a marginal depreciation of the US Dollar against the Naira […]

Electricity

NERC hands over electricity regulation to Ondo govt

The Nigerian Electricity Regulatory Commission has transferred regulatory oversight of the electricity market in Ondo state to the state’s electricity regulatory bureau. This was disclosed by the NERC in a public notice noting that its actions were in line with the provisions of the Electricity Act of 2023. The commission pointed out that the commission […]

Aviation

FAAN reopens Lagos airport runway after Dana Air incident

The Federal Airports Authority of Nigeria has announced the reopening of Runway 18L/36R at Murtala Muhammed Airport in Lagos. This follows a temporary closure as a result of the Dana Air plane skidding off the runway on Tuesday. This was disclosed in a press release signed by the Director of Public Affairs and Consumer Protection, […]

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