U.S Chamber of Commerce commits $320m to support Nigerian SMEs
The United States Chamber of Commerce has pledged $320 million to bolster mortgage refinancing and finance Small and Medium Enterprises in Nigeria. This announcement was made on the X page…
Dangote regrets missed chance to buy Arsenal FC
Alex Omenye President and CEO of Dangote Group, Aliko Dangote has expressed regret over missing the opportunity to purchase Arsenal Football Club. The billionaire, who had long shown interest in…
International Breweries aims for profitability after loan repayment
Alex Omenye The Chairman of the Board of Directors of International Breweries Plc, Obi Nnaemeka Achebe, has expressed optimism that the repayment of the company’s foreign exchange-denominated loans will help…
ICYMI: Construction of $3.5bn Bakassi deep seaport begins soon — ICRC
The Infrastructure Concession Regulatory Commission has confirmed that construction of the $3.5 billion Bakassi Deep Seaport will commence shortly, marking a significant development for Nigeria’s maritime and economic infrastructure. This…
Diesel price rises 64.58% in August- NBS
The average retail price of Automotive Gas Oil in Nigeria increased significantly by 64.58% year-on-year, reaching N1,406.05 per litre in August 2024. This is according to the National Bureau of…
FIRS, Abuja chamber partner to enhance tax compliance
The Federal Inland Revenue Service has reaffirmed its commitment to improving tax compliance among Nigerian businesses by forming a strategic partnership with the Abuja Chamber of Commerce and Industry. This…
Dangote urges FG to eliminate fuel subsidies completely
The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote has urged the Nigerian government to completely eliminate fuel subsidies. He argues that doing so would clarify the country’s…
Google TV enhances features ahead of new streaming box launch
As Google prepares to launch its latest set-top streaming device, the Google TV Streamer, the tech giant has announced a series of exciting updates for all Google TV devices. Key…
TikTok launches redesigned subscription monetization for creators
TikTok announced on Monday the rollout of its revamped “Subscription” monetization feature to eligible creators in select regions, including Brazil, France, Germany, Spain, the U.K., Indonesia, Italy, Japan, South Korea,…
Lagos begins e-call up system for trucks at free trade zone
The Lagos State Government officially launched the E-Call Up System on Monday to manage truck movements in the Lekki-Epe corridor and reduce congestion caused by articulated trucks. This technology-driven solution…
FG nears $1.5bn World Bank loan approval
Nigeria is poised to secure approval from the World Bank for three significant loan projects totaling $1.5 billion, with negotiations expected to conclude this week. According to the World Bank's…
Eko DisCo warns customers against meter installation scams
Alex Omenye The Eko Electricity Distribution Company has issued a firm warning to its customers, advising them not to pay individuals or groups for the installation of electricity meters. The…