Category: Business

NEITI to release old data, says global body

A global organization that advocates for transparency in the oil and mining industries, known as the...

FG advocates for strict regulation of tobacco industry

The Federal Government has emphasized that the tobacco sector must be strictly regulated in conformity...

Special Economic Zones amass $66bn foreign investment – Report

Nigeria’s Special Economic Zones have received more than $66 billion in foreign direct investment and...

Maize, paddy rice prices to increase in 2024 – AFEX

AFEX forecasts that maize and paddy rice prices in Nigeria will climb by 25% and...

NGX index exceeds 100,000 points

The benchmark index of the Nigerian Exchange Limited broke beyond the 100,000 basis point barrier...

First time passport applicants still need to come for biometrics in the office – NIS

The Nigerian Immigration Service has stated that people who are applying for passports for the...

eBay plans to lay off 1,000 workers

Alex Omenye E-commerce giant eBay said on Wednesday that it intends to lay off 1,000...

IMF expresses concerns over Kenya’s fuel subsidy reintroduction

The International Monetary Fund has raised concern over Kenya’s plan to reintroduce fuel subsidies. Business...

FG plans to sell five power plants for $1bn

The Federal Government, through the Bureau of Public Enterprises, is now conducting transactions to sell...

Chery Automobile sales increase by 52.6%

Chery Automobile says it sold 1,881,316 automobiles in 2023, a 52.6 per cent increase over...

Forbes: African billionaires’ combined wealth hits $82.4bn

Forbes estimates that Africa’s wealthiest individuals have a combined net worth of $82.4 billion, and...

Apple to pay artists for spatial versions

Alex Omenye Apple has disclosed it will pay additional royalties starting this month to artists...