Naira strengthens to 1630/$ at official market
The Naira on Tuesday strengthened in the official market, rising to 1,630.45/$ from 1,670.65/$ in the previous trading session, reflecting a 2.41…
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Dangote asks NNPC, marketers to stop fuel importation, boasts sufficient supply
The Chairman of Dangote Group, Aliko Dangote, has called on petroleum marketers, including the Nigerian National Petroleum Company Limited, to source petrol…
Food security: FG unveils initiative to cultivate 750,000 hectares
The Federal Government has unveiled an initiative to cultivate 750,000 hectares of land for maize, wheat, rice, and cassava farming, aiming to…
TikTok founder, Zhang Yiming, ranked China richest man
The founder of ByteDance, Zhang Yiming, has officially become China’s richest individual, according to the latest rankings from Hurun Research Institute. With…
Telecom operators losing billions to vandalism, theft – NCC
The Executive Vice Chairman of the Nigerian Communications Commission, Dr. Aminu Maida, has emphasized the severe challenges currently confronting telecommunications operators in…
Elumelu Foundation supports 20,000 African entrepreneurs with $5,000
Heirs Holdings and the Tony Elumelu Foundation have announced a provision of $5,000 in seed capital to young African entrepreneurs, aimed at…
Moniepoint raises $110m in funding
Nigerian fintech Moniepoint has secured $110 million in a funding round led by Development Partners International, according to TechCabal. This new capital…
Access Bank plans US expansion in 2026
Access Bank has announced plans to enter the U.S. market by the first quarter of 2026, further solidifying its position as a…
IBEDC, Bresson sign N180bn 24-hour electricity deal for Ogun community
Bresson AS Nigeria Limited and Ibadan Electricity Distribution Company have officially signed a Power Purchase Agreement valued at N180 billion to provide…
600,000 small-scale farmers to benefit from FG’s support
The Federal Government has unveiled plans to support 600,000 small-scale farmers nationwide as part of its strategy to enhance food production and…
FG okays licenses for nine modular refineries
The Federal Government, via the Nigerian Midstream and Downstream Petroleum Regulatory Authority has granted licenses for nine modular refineries. This was disclosed…
Four free trade zones draw $8bn in investments – Officials
Four free trade zones have attracted a total investment of $8 billion, enhancing local economic activity and international trade relations, according to…