Category: 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...

Equity market maintains positive trend with N673bn gain

The equity market continued to rise on Monday, with investors gaining N673 billion. The PUNCH reported...

Bricklinks Africa’s revenue falls by 9%

Internet Service Provider, Bricklinks Africa, has reported a 9.82 per cent revenue decline for the fiscal...

Dangote cement hits historic N10trn market capitalization

Dangote Cement’s market capitalization surpassed N10 trillion at the conclusion of trade on Monday, making...

NNPC to use Afrexim bank’s $3.3bn loan for operational costs

The Nigerian National Petroleum Company Limited stated its plan to use the $3.3 billion loan...

Rotary donates $14m grant to end polio in Nigeria

The World Health Organization on Thursday, applauded the Rotary International’s new financing pledge to support...

Top ten best passports in Africa

Alex Omenye Nigerian passport has emerged the 50th strongest passport in world with regard to...

FG can train area boys to be tax officers – Oyedele

The Chairman of Presidential Tax and Fiscal Policy Reform, Taiwo Oyedele, has spoken about the ongoing efforts...

SMEDAN to acquire N6bn motorcycles, tricycles

The Small and Medium Enterprises Development Agency of Nigeria would spend N6.2 billion on motorbikes...