UAC appoints Khalifa Biobaku new vice chairman
The United African Company of Nigeria has declared that Mr. Khalifa Adebayo Biobaku has been chosen to serve as the new Vice-Chairman of the Board of Directors. The company's secretary,…
Coca-Cola changes bottles to combat plastic waste pollution
The Coca-Cola System in Nigeria has declared that it will modify the bottles of its products in an effort to reduce the negative environmental effects of plastic bottle waste pollution.…
Why 80% of SMEs fail within five years – Report
A recent survey shows that difficult economic conditions, a lack of access to financing, and bad business practices have hampered the growth and transition of micro-businesses and caused almost 80% of…
Why Lagos is rated amidst worst cities to live – Report
A recent Economist Intelligence Unit report revealed that Lagos, recognized as Africa's leading startup hub and the country's major commercial capital, has been named one of the top five most uncomfortable cities to…
Uber increases ride fare in Nigeria
Uber Nigeria has announced an increase in fares between June 3rd and June 6th to assist drivers grappling with the challenges posed by inflation and the recent fuel price hike.…
Finance experts react as DMO warns FG not to take on further debt
Financial experts have reacted as the Debt Management Office advised the Federal Government against taking on more debt, claiming that this year's revenue would be utilized to service debt to…
Bitcoin hits $30,000 as Crypto investors’ confidence surges
The crypto market is finally experiencing a much-needed resurgence following weeks of pressure and consecutive interest rate hikes from the US. On Thursday, June 22, Bitcoin made a significant profit…
NAHCO’s profit jumps by 315% to N3.8bn
Profit Before Tax for the Nigerian Aviation Handling Company, NAHCO Plc, in its 2022 fiscal year was N3.8 billion, up 315 percent from N925 million in the prior year. Vanguard reported that…
Why migration is good for Nigerian professionals- Bill Gates
Co-founder of Microsoft and philanthropist, Bill Gates, commented on the recent rise in the number of young Nigerian professionals leaving the country in search of better opportunities and said that the…
Foreign travellers to price tickets N770/$1 from N663/$1
There are compelling indications that global airfares, particularly on Nigerian routes, may experience a significant increase as the International Air Transport Association has set the exchange rate…
Flutterwave partners Audiomack to expand opportunities for African artists
Flutterwave, Africa's top payments technology firm, is happy to announce a strategic relationship with Audiomack, the infinite music-streaming and discovery platform. According to Nairametrics, with the help of this partnership,…
FGN Bonds’ value decreases by 93.2% to N183bn
In the first five months of this year, the value of listed Federal Government of Nigeria bonds on the Nigerian Exchange Limited has dropped dramatically by 93.2 percent to N183…
