Category: Business

VFD Group Plc gets approval to list shares

The private investment company VFD Group Plc, which is unconstrained by industry, declared today that...

Road accidents decrease by 24% in 2023 Q1 – NBS

There were a total of 2,733 traffic accidents on the roads in the first quarter...

Why Nigeria, others need $2tn to achieve net-zero emissions – IMF

Nigeria and other rising economies will require nearly $2 trillion yearly by 2030, according to...

Nigeria, Iran drive OPEC’s oil production increase in September

A Reuters survey has revealed that oil production output from the Organisation of Petroleum Exporting Countries increased...

Manufacturing stakeholders label diesel VAT waiver short-term relief

Manufacturing stakeholders have stated that the diesel VAT waiver is a good thing, but it only provides...

African refiners to use single petrol grade by 2030 – ARDA

The Executive Secretary of the African Refiners and Distributors, Anibor Kragha, has stated that in...

Starlink partners with Jumia to expand satellite broadband access in Africa

Elon Musk’s billionaire satellite business, Starlink, is collaborating with Jumia Technologies AG to improve satellite...

WATT secures $13m investment for renewable energy in Nigeria

Empower New Energy has invested $13 million in WATT Renewable Corporation, a privately held hybrid...

Ebonyi gov defends N13.7bn cost of airport renovation

Governor Francis Nwifuru of Ebonyi states has defended the allocation of N13.7 billion for the...

QNET launches platform to increase transparency in Africa

The lifestyle and wellness company QNET, which uses a direct selling business model, claims it...

Nigeria is Africa’s second-largest podcast consumer – Spotify

Nigeria is Africa’s second-largest podcast consumer, according to global streaming service Spotify. According to The...

How manufacturers spent $60bn on renewable energy in six months – MAN

The Manufacturers Association of Nigeria has stated that manufacturers spent at least N60.4bn on alternative energy...