Category: Business

Microsoft hires sacked OpenAI co-founder Sam Altman

Microsoft has announced that the co-founders of the ChatGPT startup, OpenAI, who were fired, have...

Investors make N182bn in one week

Investors have had a week of favourable trading days as there has been a gain...

Raw materials gulp N534bn in Dangote firm, BUA Foods

More than N534 billion was spent on raw materials by food firms BUA Foods, Dangote...

Rice price to surge by 32% in 2024 – Report

The AFEX Wet Season Crop Production Report for 2023 projects that the price of paddy...

ICPC criticizes procurement contracts over integrity gap

The Independent Corrupt Practices and Other Related Offences Commission has joined forces with the Abuja...

SEC to promote infrastructure financing

The director general of the Securities and Exchange Commission, Lamido Yuguda, has stated that the commission’s...

EU readies €24.4m to tackle W’Africa’s illegal weapons spread – Official

The European Union has set aside €24.4 million to improve cross-border collaboration in West Africa...

Nigeria has untapped logistics industry worth N3trn — Logistics expert

The country’s estimated N3tn logistics, courier, and transport industry has not yet reached its full...

Naira devaluation: Multichoice records $72.4m net loss

MultiChoice Group Ltd. has announced a third straight semi-annual loss of 1.32 billion rand ($72.4 million)...

FG seeks partnership for AfCFTA success

The Federal Government has asked countries in West and Central Africa to work together to...

Flour Mills shareholders approve BAGCO as subsidiary

Flour Mills of Nigeria, a food and agro-allied corporation, has its shareholders’ approval to convert...

Maritime expansion to be delayed by ports, harbour bill – Union

The proposed Ports and Harbour Bill was rejected by the Marine Workers Union of Nigeria,...

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