Category: Business

Morocco tops Africa in business-friendly ranking

Morocco stands out as the country with the highest Open for Business score of 58.0,...

FG secures $150m Chinese deal for battery production

The Rural Electrification Agency and the National Agency for Science and Engineering Infrastructure have signed...

PZ Cussons discloses 61,628 unclaimed shareholders’ dividends

The list of PZ Cussons’ shareholders who haven’t claimed their dividends has been made public,...

GSK shareholders approve N17.42 for GSK buyback

Glaxo SmithKline Consumer Nigeria Plc’s minority shareholders have decided that, upon the company’s final delisting...

Multichoice raises DSTV, GOTV rates

Broadcasting company, Multichoice, has increased the cost of its offerings in Nigeria a few days...

Nigeria’s VAT collection rises 21.34% to N948.07bn in Q3 – Report

Value Added Tax revenue in Nigeria climbed by 21.34% in Q3 2023, from N781.35 billion...

Google unveils new AI model, records five percent stock increase

The announcement of Google’s newest artificial intelligence model, Gemini, caused its stock price to soar...

Manufacturers cut back on purchase orders over economic crisis

The President of the Manufacturers Association of Nigeria’s Chemical and Pharmaceutical sector, Rotimi Aluko, has stated...

Alakija’s NGO gives female entrepreneurs N3m grant

Businesswoman Folorunso Alakija founded the non-governmental organization, Flourish Africa, has raised its seed grants to women-owned...

Palmpay enhances contactless payments

A fintech startup, PalmPay, has stated that it is committed to promoting the use of contactless payments...

States, LG to get N14tn from FAAC allocation

States and local governments may receive 109.74 per cent more money from the federal government...

Nigeria’s used car market booms amidst rising inflation – Report

The demand for used cars in Nigeria has increased despite high inflation and declining GDP....