Afriland assets hit N19bn in 2022 – Report
A leading real estate company, Afriland Properties Plc has reported that its overall assets rose by 12 per cent from N17.3bn in 2021 to N19.4bn in 2022. This information was…
Infrastructure upgrade will support cashless policy – Remita
The Managing Director of Remita Payment Services Limited, Deremi Atanda, has stressed the need for quality infrastructure upgrade to support the growth of digital payments in Nigeria. This was during…
Edo Assembly summons Seplat, others over land dispute
The Management of Seplat Energy and leaders of the Orogho community have been summoned by the Edo House of Assembly on Monday regarding a land dispute. According to the News…
FG okays free trade zone status for Ekiti Knowledge Zone
The Federal Government has approved a free trade zone status for the Ekiti Knowledge Zone initiative of Ekiti State Government. According to The PUNCH, the approval by the…
Gold prices rise, US dollar weakens as European markets reopen
Gold prices climbed higher on Tuesday as the US dollar gave up some of its gains, and European markets reopened after the Easter holiday. Spot gold was up by 0.7%…
Interest rate to drop once inflation is tamed- IMF
The International Monetary Fund has stated that the rise in borrowing costs is expected to be temporary as long as high inflation is brought under control. IMF estimated that interest…
DAAYTA: ARM sets N12m prize for pitch event conqueror
By Christian George The Deji Alli ARM Young Talent Award programme scheduled to hold virtually on April 14, will reward the winner with N12 million. The winner, in…
Global economic growth rate drop to 2% – World
WorlThe World Bank Group's most recent analysis reveals that global economic output is predicted to be a mere 1.7% in 2023, indicating a significant decline in global growth. Economists at…
Bitcon surpasses $30,000 first time in 10 months
Bitcoin has surpassed the $30,000 level for the first time in 10 months, which is a significant milestone for the cryptocurrency market. According to Reuters, this increase in Bitcoin's value…
Fuel subsidy: Buhari yet to meet criteria for removal, say marketers
The Independent Petroleum Marketers Association of Nigeria has declared its stand on the subsidy. The Association disagreed with subsidy's removal, arguing that the current government, President, Major General Muhammadu…
Nigerian cinemas hit N441m ticket sales in March
The Cinema Exhibitors Association of Nigeria reported that it made N441 million from ticket sales in March. This was disclosed by the National Chairman of CEAN, Mr…
How Nigerian stock market dropped N675bn over profit-taking – Report
For the fourth week running, the Nigerian Exchange Limited stock market has been in decline as a result of significant sell-offs in Airtel Africa Plc. According to ThisDay, the market…