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Cashew industry generates over $400m from export –

  • 23rd January 2026

Nestlé ‘recovers all plastic’ placed on Nigerian market

  • 23rd January 2026

Tinubu approves commercial oil exploration at Tongeji Island,

  • 23rd January 2026

Seplat Energy appoints Tony Elumelu as non-executive director

  • 22nd January 2026

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Cashew industry generates over $400m from export – FACAN

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CBN refund billions as 2025 customer complaints hit record

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Equity market maintains positive trend with N673bn gain
Business

Equity investors make N666bn on first trading day

The Nigerian Exchange Limited’s market capitalization increased by 1.63 percent on Tuesday, the first day of trading in the New Year, adding nearly N666 billion to investors’ wealth even as the market reached new highs. The PUNCH reported that the market capitalization reached a new high of N41.583tn at the close of trade, while the All-Share […]

Zuckerberg now richer than Buffett with $7bn - Report
Business

Zuckerberg now richer than Buffett with $7bn – Report

The Forbes Billionaire Index shows that Meta’s founder, Mark Zuckerberg, has surpassed the famed businessman Warren Buffett in terms of wealth by $7 billion. Zuckerberg now has a net worth of $125 billion, while Buffett ranks seventh with a net worth of $118 billion. This rise has also moved Zuckerberg ahead of Microsoft co-founder Bill […]

Polo Luxury promotes Rolex brand in Nigeria
Business

Polo Luxury promotes Rolex brand in Nigeria

A luxury goods company, Polo Luxury, has stated that it is happy to be developing the Rolex brand in Nigeria in a way that benefits both Polo and its partners. The PUNCH reported that Polo, which sells high-end watch and jewelery brands, said in a statement on Tuesday that the Managing Director of Polo Limited, John Obayuwana, […]

Firm provides training support to SMEs
Business

Firm provides training support to SMEs

Stage Africa Media & Advisory has established Small Business Saturday, an initiative to empower and support entrepreneurs across Nigeria. The PUNCH reported that Stage Africa Media and Advisory said in a statement on Tuesday that the project, which is a quarterly strategy session, will provide business owners with important tools, strategic counsel, and invaluable insights […]

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation
News

Nigerian Stock Exchange begins 2024 on positive note

The Nigerian Stock Exchange started on a positive note as the All-Share Index broke beyond the 75,000 barrier. The closing value of the All-Share Index was 75,990.88 points, an increase of 1,217.11 points or 1.63%. The market capitalization closed at N41.583 trillion on the first trading day of the year, with equities up N663 billion. […]

Australia fines Telegram $640K for delayed response on online safety
News Tech

Telegram updates call feature

Telegram has updated its call feature promising better calls with a redesigned feature that consumes less battery life. Along with these improvements, the update adds new animations and upgrades to the app’s bot platform. According to the platform, calls have been updated with dynamic backdrops that alter according to whether the call is ringing, active, […]

Lagos ranked 8th African city with best healthcare
News

Lagos ranked 8th African city with best healthcare

Numbeo, a research firm focusing on data that centers around quality of life has ranked Lagos as the 8th city with the best healthcare system in Africa. In the list, Numbeo uses an elaborate algorithm to arrive at ranked Cape Town in South Africa first, Pretoria second, and Nairobi third. Modern, high-tech hospitals are starting […]

Meta lowers prices for Quest 3 headsets
News Tech

Meta lowers prices for Quest 3 headsets

Meta is permanently lowering the price of its Quest 2 headset by $50, just months after launching its Quest 3 headset. There is a $249 price reduction for the 128GB version and a $299 price reduction for the 256GB version. Notably, since Black Friday, the headset has been available for increased rates. Meta, however, has […]

El Salvador moves Bitcoin to offline vault
Crypto News

Bitcoin surges to $45,000 first time since April 2022

With hope surrounding the potential licensing of exchange-traded spot bitcoin funds, the world’s largest cryptocurrency kicked off the New Year with a bang as Bitcoin surged beyond $45,000 on Tuesday for the first time since April 2022. With its highest year performance since 2020, Bitcoin gained 156% last year and reached a 21-month high of […]

Investors pump N198tn into fixed-income market
Business

Investors pump N198tn into fixed-income market

Investment in the Fixed Income and Currency market resisted the country’s prevalent economic climate in 2023, with investors splashing N196.79tn on short to medium-term securities on the FMDQ platform in 10 months. The PUNCH examined data received from the FMDQ platform and discovered that investment increased by 8.9 percent, or N16.07 trillion, compared to N180.72 […]

Nestle, others cost equity market 51bn loss
Business

Higher private sector engagement will boost equity market – Operators

Some capital market participants believe that the 2024 Appropriation Bill’s substantial dependence on the private sector for development projects will fuel a bullish run in the stock market. According to The PUNCH, this was revealed in exclusive interviews as stakeholders make predictions for the coming year. Analysts’ Data Services and Resources, a data and research firm, […]

Open Visa Index ranks top 2023 performers
News

Open Visa Index ranks top 2023 performers

African Visa Openness Index has ranked Benin, The Gambia, Rwanda, Seychelles, and Nigeria as the top five performers for 2023. Based on the Africa Visa Openness Index, the countries continue to be a representation of transparency and cooperation in the evolving African cooperation scene. Over the course of 2016, the average score of the top […]

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