Business

12 tonnes of KitKat chocolates stolen in Italy 

  • 30th March 2026

Mutual Benefits pays ₦4.2bn insurance claims in February

  • 30th March 2026

60% of employers say Nigerian graduates not job-ready

  • 30th March 2026
China files complaint to WTO over Trump’s tariffs

WTO talks deadlock as Brazil blocks e-commerce duties

  • 30th March 2026

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12 tonnes of KitKat chocolates stolen in Italy 

Business

Mutual Benefits pays ₦4.2bn insurance claims in February 2026

Business

Suzuki announces slash in vehicle prices nationwide

Transportation

Nigeria’s oil, gas investment tripled in Nigeria 2025 —

Oil and Gas

Tag: Business

LIRS sets January 31st deadline for filing tax returns
News

LIRS sets January 31st deadline for filing tax returns

The Lagos State Internal Revenue Service has set January 31st, 2023 as the deadline for businesses and individuals to file their annual tax filings. The chief of the LIRS’s Relationship Management Unit, Mojisola Aboyade-Cole, said this during an interview with Arise TV. According to her, businesses can file their tax returns online through the e-tax platform, as […]

X removes support for NFT profile images
News Tech

X removes support for NFT profile images

Microblogging platform X, formerly known as Twitter has quietly removed the feature that allowed users to select NFT as their profile image. This follows after Elon Musk’s X revealed a broad plan for the business in 2024 that included further AI-powered capabilities. Amidst all of this, the functionality was first introduced in January 2022 under […]

Elon Musk blames 'Supervillain-Level' cyberattack for X outage
Business

Elon Musk’s X to launch peer-to-peer payments in 2024

Social media company, X, has plans to launch a peer-to-peer payment system on the platform this year as part of Elon Musk’s efforts to make it into an ‘everything’ app. Musk has been outlining plans to alter the platform once known as Twitter since acquiring the company more than a year ago, including payments, creator tools, […]

Dangote refinery urges NUPENG, PTD to resolve conflict
News

Dangote reclaims top spot on Forbes as Africa’s richest man

Forbes Real-Time Billionaires has reported that Nigerian entrepreneur and philanthropist, Aliko Dangote, has restored his title as Africa’s richest person. This is coming after a South African business billionaire, Johann Ruper, surpassed Dangote as Africa’s richest man last week. According to the January 8 ranking, Dangote’s net wealth increased by $10 million to $10.1 billion, while Rupert’s net worth was $10 […]

FG approves Air Peace for direct Nigeria-Brazil flights
Aviation

Air Peace expands, begins Abidjan, Cotonou flights

One of Nigeria’s leading airlines, Air Peace, is set to start direct connectivity from its Lagos hub to Cotonou in Benin Republic and Abidjan in Ivory Coast on January 22, 2024. This will increasing the total number of regional destinations to ten in less than a decade of regular aircraft operations. This information was revealed in a news […]

Boeing takes responsibility for aircraft mid-flight door blowout
Aviation

Boeing takes responsibility for aircraft mid-flight door blowout

The Chief Executive Officer of Boeing has taken responsibility for an aircraft manufacture fault following a door blow-out on one of its planes shortly after takeoff in the United States. Fortunately, no one was hurt when the main cabin door of an Alaska Airlines flight from Portland, Oregon, broke loose on Friday. Since the incident, […]

OpenAI is facing ongoing capacity challenges following the launch of its viral image generation feature last week, as a result, the company has temporarily disabled
News

Apple removes Binance, crypto apps from India App store

Alex Omenye Apple have removed at least nine cryptocurrency exchanges’ applications, including those from Binance and Kraken from the Indian App Store. This comes less than two weeks after the majority of these international companies were accused of conducting business in the country “illegally.” Nine cryptocurrency companies received show-cause notifications from the Financial Intelligence Unit, […]

Amazon's Twitch to lay off 500 employees
Business

Amazon’s Twitch to lay off 500 employees

Amazon.com Inc.’s live streaming network, Twitch, is apparently planning a large personnel reduction, with around 35% of its workers, or approximately 500 employees, estimated to be affected. The announcement of these losses came today, Wednesday, kicking off a sequence of job cuts within the company. According to sources, this decision followed concerns over Twitch’s financial losses and […]

Seedstars Africa raises $30m to fund African startups
News Tech

Seedstars Africa raises $30m to fund African startups

The European Investment Bank’s subsidiary, EIB Global, has committed $30 million in finance to Seedstars Africa Ventures. Following a $8 million investment, French private equity firm LBO France, the fund’s anchor investor, has made a fresh commitment. With a goal of raising between $80 million and $100 million, the fund will help seed and Series […]

Nigerian Exchange ahead in Africa with 33.70% gain
Business

Naira falls at black market despite CBN’s FX backlog clearance

The value of the naira declined considerably on Tuesday on the P2P and physical black markets, notwithstanding the infusion of foreign exchange liquidity at the official market and the considerable clearing of foreign exchange backlogs by Nigeria’s top bank. The naira traded at around N1230/$ in the early hours of Tuesday on the P2P market, […]

Seven currencies greater than the US dollar
Economy News

Seven currencies greater than the US dollar

One of the most valued currencies in the world, the US dollar is the preferred lender for many nations looking to purchase US bonds denominated in dollars. Even though the USD is seen as a trustworthy currency, there are other currencies that perform better. This implies that the foreign currency has a value higher than […]

Nigeria's per capita income to hit pre-COVID level 2025 - W'Bank
featured News Tech

Nigeria’s per capita income to hit pre-COVID level 2025 – W’Bank

Nigeria’s per capita income is expected to reach its pre-pandemic level by 2025, according to World Bank projections. “Growth in Nigeria is projected at 3.3 percent this year and 3.7 percent in 2025—up 0.3 and 0.6 percentage points, respectively, since June—as macro-fiscal reforms gradually bear fruits. The baseline forecast implies that per capita income will […]

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