Business
UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025

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Nigeria to receive $3b in telecoms infrastructure in June

Business

FG approves Medipool to distribute essential healthcare products nationwide

News

Samsung unveils slimmest smartphone yet in strategic move against

News
Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m

Banks, Hospitals embrace 5G amid consumer concerns over costs

Telecommunications

Tag: Nigeria

FBN Insurance targets 1m customers in one year
Business

First Bank to organise women mentorship program   

First Bank of Nigeria Limited has said it would organise the first women network, mentoring, coaching and sponsorship pillar webinar to commemorate the World Women’s Day. Stating its commitment to empowering women and promoting socio-economic inclusion, the initiative is to bridge the gender gaps and encourage women’s participation at all levels in the organisation. According […]

United Nation's logo
Business

UN agency projects 50% increase in Africa’s e-commerce

The United Nations Economic Commission for Africa has said that Africa’s  e-commerce is projected to increase by 50 percent by 2025 The Punch reported that the Acting Executive Secretary, UNECA, Mr Antonio Pedro, disclosed this at the opening of the 9th Session of the Africa Regional Forum on Sustainable Development in Niamey, Niger. He added […]

Electricity customers paid N210.17b in three months - NERC
Business

Yola Disco records highest losses amongst Discos – Report

The only electricity distribution company being controlled by the Federal Government, Yola Disco had the largest aggregate technical, commercial, and collection losses of 70% compared to the other 11 Discos.   This was from an industry report titled ‘Key Operational & Financial Data of NESI’ for 2019 to 2022″ accessed by The Punch.   According […]

Nigeria Customs Service
Business featured

Customs seize contraband worth N305m in two months

The Nigeria Customs Service’s Federal Operations Unit Zone B has revealed that between January and February 2023, it made 130 seizures of contraband worth N305 million. The Punch reported that a statement from the Zone’s public relations officer, Suleiman Isah, disclosed other items seized during the period under review included 163 jerry cans of vegetable […]

IMF logo
Business featured

76% CBN Anchor Borrowers’ loans unpaid – IMF

The International Monetary Fund has confirmed that 76 percent of loans disbursed under the Central Bank of Nigeria’s Anchor Borrowers’ Programme, for farmers have not been returned. This is according to information provided by the International Monetary Fund in its Selected Issues paper on Nigeria. The issue paper was created by the fund’s staff team […]

Stock Market analysis
Business featured

Nigeria’s stock market hits N30trn amid elections

The total market value of Nigerian stocks hit N30 trillion on Monday, amid the uncertainty surrounding the result of Saturday’s general election. BusinessDay reported that Nigerian Exchange Limited All-Share Index and the market capitalisation of equities rised to 55,328.42 points and N30.14 trillion from preceding day’s low of 54,949.21 points and N29.93 trillion respectively. The […]

Nigeria's mineral production rose by 39% in 2021 - NBS
Business

Nigeria’s crude oil production declines by 13%

The Nigerian Bureau of Statistics has  said crude oil production, which represents about two-thirds of government revenue and 90 per cent of its foreign exchange reserves, declined by 13.3% per cent against 2021 in the fourth quarter of 2022. According to the bureau’s most recent data, Nigeria produced 1.3 million lesser barrels of oil per day […]

The vice president of Nigeria, Prof. Yemi Osinbajo
Economy

Osinbajo confident Gateway Agro Cargo International Airport’ll boost economy

IsinThe Vice President of Nigeria, Professor Yemi Osinbanjo has said that the Gateway Agro Cargo International Airport will enhance economic growth and development nationwide. He said this on Thursday, February 23 during the first flight that took place on the just constructed Gateway Agro Cargo International Airport in Iperu, Ikenne Local Government Area of Ogun […]

The Chairman of EFCC
Business

Naira scarcity: Over N500bn old notes still in circulation, says EFCC

The Chairman of the Economic and Financial Crimes Commission, Mr. AbudulRasheed Bawa, on Wednesday said that over N500 billion of the old N1000 and N500 notes are still out of the Central Bank of Nigeria. This, he disclosed while speaking during an interview on Channels Television’s “The 2023 Verdict” programme. On finding out how prepared […]

Nigeria's mineral production rose by 39% in 2021 - NBS
Business

Nigeria’s GDP growth rate records 3.10% decline – NBS

The Nigerian annual Gross Domestic Product recorded a 3.1 percent growth in 2022, this represents a 0.3 percentage point decline from the 3.4 percent recorded in 2021. This was disclosed by the National Bureau of Statistics in the just released GDP report for the fourth quarter, Q4’22. However, the GDP growth in the fourth quarter […]

The First Lady, Aisha Buhari
Business

Old naira: Aisha Buhari blames hacker for fake post

The First Lady of Nigeria, Aisha Muhammadu Buhari has blamed hackers for the fake post regarding the recirculation of the old naira notes which went viral in the early hours of Tuesday. This declaimer was shared to the public in a facebook post Aisha made in the late hours of Tuesday. The Facebook post reads […]

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