NGX 30 index drops Wema Bank, Custodian Investment
Wema Bank Plc and Custodian Investment Plc were dropped from the NGX 30 as a result of the 2022 market index review. The NGX released a statement on the findings of…
Plateau varsity receives N1.2bn TETFund grant – VC
The Tertiary Education Trust Fund has given Plateau University in Bokkos a grant of N1.2 billion. This was disclosed in an interview with the News Agency of Nigeria on Saturday in Bokkos…
Abuja-Kaduna-Kano road to be completed 2024 – FG
Nigerians have been given assurances by the Federal Ministry of Works and Housing that the Abuja-Kaduna-Kano Express Way restoration project will be finished in the first quarter of 2024. The…
WhatsApp to roll out contextual stickers
Instant messaging service, WhatsApp has introduced contextual sticker suggestions. The feature is available on iOS v23.14.0.70 and Android v2.23.14.16 and later. WhatsApp users can anticipate a sticker tray to come…
MTN to invest $3.5bn in Nigeria’s economy
The MTN Chief, Mcebisi Jonas, has revealed that the company plans to invest $3.5 billion in the Nigerian economy over the next five years. He made this known during the…
Indian court dismisses PepsiCo’s appeal against revocation of potato patent
An Indian court dismissed PepsiCo Inc.'s appeal against a decision to revoke a patent on a potato variety bred specifically for the well-known Lay's potato chips produced by the New…
Tesla introduces referral programme to boost sales
Electric car maker, Tesla has introduced a new referral programme that allows customers to receive additional incentives through recommendations from current customers. For customers in the US who buy the…
Elon Musk sues law firm over Twitter buyout charges
Twitter launched a lawsuit against the elite corporate law firm Wachtell, Lipton, Rosen & Katz on Friday, accusing it of taking advantage of its client by charging Twitter $90 million…
Local unlisted securities gain 1.86% as market cap hits N1.1tn
The Nigerian Exchange Limited appears to be moving quickly as some local unlisted securities have gained 1.86% as the market cap reached N1.1 trillion According to The Times, due to…
Stop forex restriction on items, impose tariffs, W’Bank tells FG
The World Bank has advised the Central Bank of Nigeria to terminate its foreign exchange restrictions on 41 products. According to the report, titled,"Nigeria Development Update (June 2023): Seizing…
Customs, transport ministry team up to boost trade
The Federal Ministry of Transportation and the Nigeria Customs Service claim to be working together to develop and put into effect policies that will improve trade facilitation. This Punch reported…
How personnel costs, debt servicing surpassed 2022 FG’s revenue – W’Bank
A report from the World Bank has shown that for the first time, the Federal Government's spending on personnel costs and debt servicing in 2022 exceeded its total revenue. The Punch reported that…
