Shell to sell Nigerian onshore oil assets for $1.3bn
Shell Plc has agreed to sell its Nigerian onshore oil assets to a local partnership for more than $1.3 billion, subject to…
Business
Apple to halt blood oxygen feature on smartwatches
Apple has decided to remove the blood oxygen feature from smartwatches in order to avoid an import prohibition. This is coming after…
How my life was threatened over NIN-SIM data tracking – Pantami
The former Minister of Communications and Digital Economy, Isa Pantami, has stated that his life was threatened by criminals when he reintroduced NIN-SIM data…
Nigeria needs $80bn investments for Agenda 2050 – Minister
The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, stated that Nigeria needs at least $100 billion in investments to accomplish the Nigeria…
LivingTrust Mortgage Bank repays DBN N950m loan
LivingTrust Mortgage Bank Plc has repaid a N950 million MSMEs grant to the Development Bank of Nigeria two months earlier than the…
Nigerian startup 60Seconds launches nightlife experience app
A Nigerian startup, 60Seconds, has built a platform that will revolutionize how revellers interact, engage, and transact in their favourite night spots. The PUNCH…
Transcorp Hotels becomes first Nigerian firm to pass N1tn market cap
A hospitality subsidiary of Transnational Corporation Plc, Transcorp Hotels Plc, is Nigeria’s first hospitality organization to cross the N1 trillion market capitalization threshold, admitting…
Nigeria’s Inflation hits 28.92% amid food price hike
Nigeria’s headline inflation jumped by 0.72 per cent to 28.92 per cent in December 2023, up from 28.20 per cent in November…
Exchange rate to stabilize in future, Minister tells investors
The Minister of Budget and Economic Planning, Atiku Bagudu, has stated that he expects the exchange rate to improve as a result of President…
NGX hits 4.24% as Cadbury Nigeria leads weekly gainers
Cadbury Nigeria was the biggest gainer on the NGX for the week ending January 12, 2024. The Times reported that the All-Share Index…
SEC grants NASD approval to launch digital securities platform
The Nigerian Securities and Exchange Commission has approved NASD Plc’s launch of its Digital Securities Platform, powered by Blockstation, under the Regulatory…
Penny stocks predict positive returns for investors
Penny stocks such as insurance companies, Sterling Financial Holdings Company Plc, and JapaulGold, among others, are expected to perform well on the…