Category: News

Nigerians import few cars as inflation, FX woes bite

Nigerians imported fewer passenger cars in 2024 as rising inflation and naira depreciation made foreign...

MAN laments excessive annual charges by FRC

The Manufacturers Association of Nigeria has expressed serious concern over the substantial increase in annual...

Equity market records N476bn loss in weekly performance

The Nigerian stock market declined, losing N476.0 billion in one week as investors traded 1.818...

FG, tanker drivers differ on enforcement of 60,000-litre truck ban

The Federal Government appears to have failed to enforce the order to ban trucks with...

Google removes diversity, equity from ethics team page

Google has quietly altered the webpage for its Responsible AI and Human-Centered Technology team, removing...

Musk reaffirms commitment to keep Starlink active in Ukraine

Elon Musk has reaffirmed his commitment to maintaining Starlink services in Ukraine. The United States...

Aviation regulators to assess Lekki airport site before construction – Sanwo-Olu

Lagos State Governor Babajide Sanwo-Olu has announced that aviation regulators will inspect the site of...

Transcorp reports 132% surge in pre-tax profit for 2024

Transnational Corporation Plc (Transcorp) has announced its financial results for the year ending December 31,...

Trump hosts crypto summit, unveils plan for US Bitcoin reserve

United States President Donald Trump welcomed cryptocurrency industry leaders to the White House over the...

CBN raises N2.72trn in T-Bills amid tight monetary policy

The Central Bank of Nigeria has disclosed that the federal government raised N2.72 trillion through...

Russia blocks Telegram in two regions over security concerns

Authorities in two Russian regions have blocked the popular messaging app Telegram, citing concerns that...

MTN partners auto manufacturers to boost local content

MTN Nigeria has partnered with automobile manufacturers Nord and GAC Motors to support local content...