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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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Soviet-era spacecraft ‘likely’ re-entered Earth’s atmosphere – Report 

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Nvidia unveils new AI, gaming chips, desktop computer at CES 2025

GPUs are the ‘currency’ for AI researchers – Nvidia

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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 

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CBN sells dollars to BDCs at N1,021/$ as naira falls

The Central Bank of Nigeria has issued a circular to all Bureau De Change operators, detailing a new initiative to directly sell US dollars to BDCs at a reduced rate of N1,021 per dollar. This initiative underscores the proactive strategy of the Central Bank to manage currency volatility and to ensure the availability of essential […]

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NNPCL, partner unlock 12,000bpd production at Awoba Field

The Nigerian National Petroleum Company Limited has partnered with Newcross Exploration and Production Limited to restart production from the Awoba field which aims to optimise production from the nation’s hydrocarbon assets to boost revenues. This was contained in a statement issued by the Chief Corporate Communications Officer, Olufemi Soneye via the firm’s official X handle […]

GTBank to charge customers ₦6 for SMS alert from May 1
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GTCO to pay shareholders N94bn dividend for 2023 financial year

Shareholders of Guaranty Trust Holding Company Plc are set to receive a total dividend of N94.180 billion for the financial year ending December 2023, equating to a reward of N3.20 for each share held. These recommendations were made by the board of directors of GTCO, following the authority vested in them by Section 426 of […]

Microsoft System glitch causes global disruptions
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Microsoft introduces low price AI model for global users

Microsoft has introduced a more affordable AI model called Phi-3, aimed at users who may find the cost of its larger counterparts prohibitive. Revealed via a statement on Tuesday, Microsoft highlighted that the Phi-3-mini demonstrates superior performance compared to models twice its size across various language, coding, and math benchmarks. Smaller AI models like Phi-3 […]

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FCCPC summons owner of Chinese supermarket rejecting Nigerian shoppers

The Federal Competition and Consumer Protection Commission has demanded the presence of the owner of a Chinese supermarket in the Federal Capital Territory over allegations of discrimination against Nigerians. This follows the alleged discrimination against Nigerians on Sunday in a video circulating on social media. This was disclosed in a statement by the FCCPC via […]

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Dana Air plane skids off Lagos runway

A Dana Air aircraft carrying passengers from Abuja to Lagos has reportedly crash-landed at the Murtala Muhammed Airport in Lagos. A news flash on ARISE Television on Tuesday morning, April 23, 2024, said it was not immediately clear if there were any casualties. It was reported that the flight departed the Nnamdi Azikiwe International Airport, […]

News

FG to unbundle 11 Discos for more efficiency

Power distribution companies in Nigeria are currently being unbundled for more efficiency the Federal Government declared on Monday. It stressed that the privatisation of these firms would not be reversed, but pointed out that Discos should be broken into more efficient structures across national boundaries to fulfill their obligations, according to The Punch. This follows […]

White House leads TikTok acquisition deal
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US will ‘trample’ free speech with TikTok ban, says app

TikTok has reiterated its concerns regarding freedom of speech in response to a bill approved by the House of Representatives, aiming to prohibit the popular social media platform in the U.S. unless its Chinese owner, ByteDance, divests its stake within a year. The House passed the legislation on Saturday with a significant margin of 360 […]

South Africa grants license to 75 crypto companies
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South Africa grants license to 75 crypto companies

South African Financial Sector Conduct Authority on Monday expanded its approval, granting an additional 16 licenses, bringing the total number of licensed crypto companies to 75. This decision followed the submission of 374 applications to the FSCA. In March, South Africa’s financial conduct regulator greenlit 59 operating licenses for cryptocurrency businesses without disclosing the recipients’ […]

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FCCPC shuts Abuja Chinese store for rejecting Nigerian shoppers

The Federal Competition and Consumer Protection Commission has sealed the Abuja-based Chinese supermarket located within the China General Chamber of Commerce in Abuja. This follows the alleged discrimination against Nigerians on Sunday, according to The Punch. The FCCPC officials shut down the supermarket when they arrived at the premises of the supermarket on Monday. After […]

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