Category: Business

Nigeria prepared for external inflation shocks – Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that Nigeria now...

Meta begins massive layoffs of 8,000 workers to fuel AI expansion

Facebook parent company, Meta Platforms Inc., has started notifying employees across its global operations of...

Tax revenue hits N7.44tn in Q1 2026

Nigeria’s tax revenue climbed to N7.44 trillion in Q1 2026, but still fell short of...

Africa’s skills deficit threatens expansion, job growth — World Bank

A growing mismatch between the skills held by African workers and those demanded by employers...

South African investors show interest in Dangote Refinery plans

South Africa’s leading pension and investment institutions are exploring potential investment opportunities in the Dangote...

Dangote begins work on 10,000-hectare deep seaport in Ogun

Dangote Industries Limited has begun preliminary steps toward developing a 10,000-hectare deep seaport at the...

FG moves to revive cotton textile industry, create 1.5 million jobs

The Federal Government has intensified efforts to revive Nigeria’s Cotton, Textile and Garment, industry, following...

Sugar industry can create one million jobs, curb insecurity — NSDC

The Executive Secretary/CEO of the National Sugar Development Council, Mr. Kamar Bakrin, has said that...

West, Central Africa commit $27bn to port projects for trade growth

Nigerian and other countries in West and Central Africa have committed over $27 billion to...

NAICOM tasks insurers on shift to customer-centric insurance model

The National Insurance Commission has called on insurers to transition from a product-centric approach to...

Swatch Royal Pop launch sparks chaos, store closures amid massive crowds

Swiss watchmaker Swatch UHR.S was forced to close some stores and limit queues after the...

Anthropic to brief global financial watchdog over AI cyber defence risks

Anthropic is set to brief the global financial watchdog on the implications of its Claude...