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Dangote, Indorama projects to position Nigeria as fertiliser

  • 22nd January 2026

US ambassador Richard Mills exits Nigeria amid global

  • 21st January 2026

FG unveils impact challenge to boost 3MTT outcomes

  • 20th January 2026

Nigeria startup funding fell 17% to $343m in

  • 20th January 2026

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Dangote, Indorama projects to position Nigeria as fertiliser export

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Price of of cooking gas rose by 13.75% in May 2024

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FCMB raises ₦147.5bn in oversubscribed public offer
Banking

FCMB increases earnings by 207% to N95bn

FCMB Group has recorded a 206.86 per cent increase in profit for the fiscal year ending December 2023 to N95.52 billion. According to The PUNCH, this was revealed in the unaudited annual report and financial accounts submitted to the Nigerian Exchange Limited on Friday. FCMB’s profit was enhanced by gains in interest and discount revenue of […]

Why fossil fuel phaseout is unavoidable - UN
Oil and Gas

Why fossil fuel phaseout is unavoidable – UN

The United Nations Secretary-General, António Guterres, stated that phasing out fossil fuels was not only necessary but also unavoidable. The PUNCH reported that he urged countries to take action and hasten the switch from fossil fuel to clean energy, with the largest emitters setting the example, during a speech on Friday in honour of the […]

Business featured

10 unbelievable things Nigeria imports

Countries around the globe frequently partake in the importation of goods, especially when local manufacturing or production cannot meet the demands of a burgeoning population. This global phenomenon underscores the essential nature of importation in sustaining economies. Importation is the process of transporting goods and products across international borders, contributing to the exchange of resources […]

NGX halts trading of delisted-GSK shares
Business featured

NGX halts trading of delisted-GSK shares

The Nigerian Exchange Limited has halted trading on Glaxo SmithKline Consumer Nigeria Plc’s shares in anticipation of its eventual delisting from the Exchange. The Times reported that this information was contained in the Exchange’s weekly report. The suspension came after the Securities and Exchange Commission approved the Glaxo SmithKline Consumer Nigeria Plc Scheme of Arrangement between the […]

Tesla awaits approval to launch smart driving feature in China
Tech

Tesla issues recall for 200,000 vehicles over camera glitch

Tesla has issued a recall for approximately 200,000 vehicles in the United States due to issues with the backup camera failing to display images when the vehicle is in reverse gear. The recall affects specific Model Y, S, and X vehicles from the 2023 model year. These models are equipped with the “Full Self-Driving” computer […]

Mercedez mistakenly exposes customers' data
Tech

Mercedez mistakenly exposes customers’ data

Mercedes-Benz inadvertently left a significant amount of internal data exposed, after a private key was mistakenly made public, providing “unrestricted access” to the firm’s source code, as revealed by a security research team. TechCrunch reported that Shubham Mittal, the co-founder and chief technology officer of RedHunt Labs, discovered this lapse and reached out for assistance […]

FCTA approves N7bn for teachers' salary arrears
News

FCTA approves N7bn for teachers’ salary arrears

The Secretary for Education in the Federal Capital Territory Administration, Dr. Danlami Hayyo, has announced the approval of N7 billion to settle 25% of teachers’ late salary arrears in public primary schools. According to The Times, Hayyo made the statement during a familiarization visit to the FCT Universal Basic Education Board’s management on Thursday in […]

FCMB raises ₦147.5bn in oversubscribed public offer
Banking

FCMB reports gross earnings of N516.8bn in 2023

FCMB Group Plc has released its unaudited annual report and financial statements for fiscal year 2023. The Times reported that the group’s gross earnings for the year was N516.8 billion, up 82.6% from FY 2022. The firm enjoyed improved interest revenue, with a net interest income of N177.42 billion in 2023, up 45.4% from 2022. It also […]

Moniepoint records 5.2bn transactions in 2023
Tech

Moniepoint records 5.2bn transactions in 2023

Nigeria’s payments startup Moniepoint ended 2023 with 5.2 billion transactions over its online, mobile, card, and in-person payment channels, averaging 433 million transactions each month, according to TechCabal. The transactions totaled more than $150 billion in value. Compared to 2022, when the startup did 1.7 billion transactions valued at over $100 billion, that is a […]

Lagos unveils plan to tax remote workers to generate N200bn
Aviation

Lagos State considers building own airline

Lagos State has considered establishing an airline for passenger operations as it prepares to begin construction of its own airport in Lekki. According to Arise News, Governor Babajide Sanwo-Olu disclosed the idea on Thursday during the Lagos West Senatorial District People’s Town Hall Meeting. Sanwo-Olu said that the proposal had been in the pipeline for […]

Salesforce acquires Informatica in $8bn deal
Tech

Salesforce cuts workforce by 700

Salesforce is reducing its workforce by approximately 700 positions, accounting for about 1% of its global employee base, as per a Friday report by the Wall Street Journal. Despite this reduction, Salesforce currently has around 1,000 vacancies across various departments, suggesting that this move might be a strategic realignment of its human resources, as indicated […]

FG advocates for strict regulation of tobacco industry
Business

FG advocates for strict regulation of tobacco industry

The Federal Government has emphasized that the tobacco sector must be strictly regulated in conformity with national legislation and international best practices. The PUNCH reported that the coordinating Minister of Health and Social Welfare, Prof. Ali Pate, announced this recently in Lagos during the formal lunch of the Federal Competition and Consumer Protection Commission’s tobacco control […]

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