Oil and Gas will guarantee Nigeria’s energy security – FG
The Federal Government has noted that oil and gas would continue to guarantee energy security for Nigeria’s massive population estimated to be about 200 million. This information was revealed by…
How Dangote made $575m in one day – Report
Powerful Nigerian businessman, Aliko Dangote, has seen a significant rise in wealth rising by an estimated $575 million over the previous 24 hours. According to the Forbes billionaire index, this comeback seen here shows…
FERMA to fix 50 failed roads in Lagos, Zamfara, others
The Federal Road Maintenance Agency reports that it has started making plans to patch potholes and get involved in the repair of 50 deficient federal roads across the country. The…
How investors made N851bn in a day – Report
Nigeria's equities market saw one of the greatest one-day gains in 2023 on Monday, with investors capitalizing on the latest market rise to gain N851 billion. The All-Share Index and…
Delta security personnel seize large vessel with stolen crude oil
The pipeline surveillance security company, Tantita Security Services Limited has intercepted a large vessel called "MT Tura 11" carrying 150 metric tonnes of stolen crude oil on Escravos Sea in Delta State. According…
FIRS partly extends submission date for 2023 CIT returns
The Federal Inland Revenue Service has partly extended the deadline for the submission of Companies Income Tax returns for the 2023 year of assessment. The company announced in a statement signed…
Global beauty industry estimates $580bn revenue by 2027
The global beauty sector is expected to reach $580 billion in retail sales by 2027 according to the "State of Fashion Beauty" research by McKinsey and The Business of Fashion. According…
Threads dethrones ChatGPT, reaches 100m users in five days
ChatGPT achieved a previously unheard-of rate of growth of reaching 100 million users in just two months, however since its launch on July 6, Threads has racked up a staggering…
Globus Bank opens third branch in northern Nigeria
By Christian George Globus Bank has opened new branches in northern Nigeria with the view to expanding its business throughout the nation. The new branches were opened in…
Snapchat partners Linktree to allow users profile links
Snapchat has partnered with Linktree for users to include their Linktree (or any other) URL on their bio. With the help of the link-in-bio tool, users can now display a…
How fraudsters duped Nigerian bank customers N472m in three months
A recent report by FITC has unveiled a distressing reality for bank customers in Nigeria, as they lost a staggering N472 million to fraud in the first quarter of 2023.…
24 central banks to have digital currencies by 2030 – Survey
The central banks of about 20 emerging and developed economies are anticipated to be using digital currencies by 2030, according to a study released on Monday by the Bank for…
