Naira falls at black market despite CBN’s FX backlog clearance
The value of the naira declined considerably on Tuesday on the P2P and physical black markets, notwithstanding the infusion of foreign exchange…
Business
Sacked-FCCPC boss confident employees will fight for fair markets
A recent and notable achievement was the imposing of a $110 million penalty on British American Tobacco Nigeria for violating the FCCPC…
Kenya overtakes Nigeria in start-up funding ranking
Alex Omenye Nigeria lost the top position for the most funded startups in Africa to Kenya. This development was contained in an…
South Korea passes law to ban dog meat trade
South Korea has passed a new law that calls for the abolition of dog meat slaughter and sale by 2027. According to…
Why Nigerian billionaires dropped on global billionaires ranking
Nigerian billionaires, Aliko Dangote – President/Chief Executive of the Dangote Group, AbdulSamad Rabiu – BUA Group chairman, and Mike Adenuga – Globacom…
Zanzibar to build first seven-star hotel in East Africa
Zanzibar hopes to raise the bar for African hospitality by constructing a seven-star hotel. According to a Tanzanian publication, The Citizen, this…
Five things to know before launching your fashion brand
The fashion industry is a major component of African economies, with enormous growth and development potential. The industry has various advantages, such as…
Premium smartphone market to expand by 6% – Report
Sales of premium smartphones (with a wholesale price of at least $600) are expected to reach a record high of 6% in…
Business opportunities in Nigerian waste collection industry
In Nigeria, the waste collection industry is critical to addressing growing environmental concerns and supporting sustainable waste management methods. Waste, sometimes known as “garbage” is…
10 profitable business ideas for introverts
There has been a considerable global change in recent years towards encouraging varied work patterns and entrepreneurial pursuits. This trend is not…
Nigerian stocks rise 6.54% in first week of 2024
The Nigerian Exchange Limited ended the first week of 2024 on a high note, backed by continued investor faith in listed companies.…
Rich kid Frédéric Arnault becomes LVHM watch division CEO
The luxury conglomerate LVMH, owned by billionaire Bernard Arnault, has appointed Frédéric Arnault, 29, as CEO of its Watches segment. This newly…