Business
Northern governors mourn businessman Alhaji Aminu Dantata

Kano business icon Aminu Dantata dies at 94

  • 28th June 2025

China bans non-certified power banks on flights

  • 28th June 2025
Meta splits AI division to accelerate product development

Facebook seeks access to users pictures for AI

  • 28th June 2025

Kogi eyes transformation of mining hub, bags 15

  • 28th June 2025

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Google prepares iOS launch for YouTube Create 

Google prepares iOS launch for YouTube Create 

News
Guaranty Trust Bank Ltd. has announced that all its branches across Nigeria will close earlier than usual on Monday, June 30, 2025

GTBank to close branches early nationwide on June 30

News

Afreximbank appoints George Elombi as next president

Business
Northern governors mourn businessman Alhaji Aminu Dantata

Kano business icon Aminu Dantata dies at 94

Business

Tag: News

Manufacturers warn price hikes to persist without solutions
Business

Manufacturers urge FG to clear $7bn debt

The Manufacturers Association of Nigeria has requested the Federal Government to resolve the present $7 billion Forex backlog. The PUNCH reported that MAN has stated that 2024 may not be a good year for manufacturers and that the first six months of the year will be difficult for industry players. The association’s Director-General announced this in […]

NAFDAC cuts licensing fees by 65%
Business

NAFDAC cuts licensing fees by 65%

The National Agency for Food and Drug Administration and Control reported that the processing fee for renewing registration for domestically manufactured items has been cut by 65% to N44,200. According to the News Agency of Nigeria, the agency’s Director-General, Mojisola Adeyeye, revealed the information in a statement published by NAFDAC media consultant, Olusayo Akintola, in […]

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, […]

Vitafoam shareholders okay N1.95m dividend
Business

Vitafoam breaks five-year record with 2023 N52bn revenue

Vitafoam Nigeria Plc has recorded the most money from its operations this year, than in the last five years. The PUNCH reported that according to the Consolidated and Separate Financial Statements for the year ended 30 September 2023, which were released on the Nigerian Exchange Limited, the foam producer earned N52.986 billion in revenue, a […]

FDI drops $471m in five years - NBS
Business

FDI drops $471m in five years – NBS

Foreign direct investments into Nigeria have decreased by $470.8 million over the last five years. This followed analysis of various National Bureau of Statistics Capital Importation reports. According to Investopedia, FDI is an investment in a foreign firm or project made by a foreign investor, company, or government. The NBS reported on Friday in its […]

Dangote refinery investors gain N1.2tn in two days
Oil and Gas

P’Harcourt refinery to supply 12 states

The Nigerian National Petroleum Company Limited has begun supplying crude oil for the Port Harcourt Refining Company Limited’s test run. The PUNCH reported that oil marketers confirmed the news, stating that the plant would sell refined Premium Motor Spirit, also known as petrol, Automotive Gas Oil, also known as diesel, and other products to 12 […]

LCCI predicts reduced inflation in 2024
Business

LCCI predicts reduced inflation in 2024

The President of the Lagos Chamber of Commerce and Industry, Gabriel Idahosa, forecasts that the country’s inflation rate will decrease in 2024. The PUNCH reported that Idahosa who was speaking in an exclusive interview on Friday, blamed the loss of gasoline subsidies for the acceleration of inflation this year. According to the LCCI president, if governments at all levels […]

Regency Assets Mgt sells N1.54bn Julius Berger stake
News

Regency Assets Mgt sells N1.54bn Julius Berger stake

Regency Assets Management Limited has successfully divested its 2.65% stake in Julius Berger Nigeria Plc, amounting to N1.54 billion. Julius Berger made this disclosure in a notice to the Nigerian Exchange Limited (NGX) and the investing public. As part of this divestment, Regency Assets Management Limited sold 42,404,724 units of shares, equivalent to 2.65% of […]

Uber not sharing 'personal info of users' with Lagos govt
News

Uber launches improved safety features on app

Popular ride-hailing company, Uber has introduced two new features on its app, an emergency button feature, and an audio recording capability. This move is aimed at prioritizing the well-being of both drivers and riders during trips. The emergency button feature allows users to seek immediate assistance in case of incidents such as accidents, health emergencies, […]

Britain urges Meta not to implement end-to-end encryption
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Why Canada requires Google, Meta to pay news organisations

Canada may soon require Google and Meta to pay media outlets for news information shared or repurposed on their platforms. According to Nairamtrics, the bill was approved by the Canadian Senate on Thursday and is expected to become law. The bill is a response to Facebook and Google’s alleged “threats” to remove news from their […]

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