Category: Business

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....

GEAPP pledges $15m to expand renewable tech access in Africa

All On and the Global Energy Alliance for People and Planet pledged an additional $15...

Equity market recovers with N305bn gain

The Nigerian Exchange Limited closed in the green zone on Wednesday, adding N305 billion to...

Bitcoin defies dollar surge, surpasses $44,000

The price of Bitcoin briefly surpassed $44K on Wednesday morning despite an increase in the...

Global air cargo records 3.8% rise in October 2023 – Report

Data from the International Air Transport Association shows that air cargo volumes in Africa, the Middle...

Aleph Express launches online platform for MSMEs

Aleph Group has introduced Aleph Express, a proprietary solution and application designed for micro, small,...

Veritas Kapital Assurance names Adaobi Nwakuche MD/CEO

The Board of Directors of Veritas Kapital Assurance Plc has announced the appointment of Adaobi...

FX spot market reports $4.66bn turnover in October – Report

The October 2023 spot foreign exchange market turnover was $4.66 billion (N3.66 trillion), a Month-on-Month...

Budget: Reps to amend FRC Act

The Speaker of the House of Representatives, Tajudeen Abbas, promised on Monday that the House is...

Lagos, firm start tax awareness program among students

The Lagos Internal Revenue Service and DKK Nigeria have partnered to launch Tax Trybe, a...