Transcorp Hotel, tech firms record highest returns
Transcorp Hotels Plc provided investors with a higher return on investment in terms of capital gain in 2023 when compared to other…
Nigeria
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…
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…
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…
Stakeholders praise NSC over planned Nasarawa dry port
Maritime players have applauded the Nigerian Shippers Council’s plans to build an inland dry port in Nasarawa State. The PUNCH reported that…
Nigeria, Saudi sign MoU on energy cooperation
Nigeria and Saudi Arabia inked a Memorandum of Understanding to enhance cooperation, information exchange, and technology transfer in the oil sector.…
Nigeria approach World Bank for $1.5bn budget support loan
The Federal Government of Nigeria has confirmed ongoing negotiations with the World Bank for a significant $1.5 billion budget support loan. According…
ACCI, Turkish investors to create one million jobs in Nigeria
By Bisola David The Abuja Chamber of Commerce and Industry partnered with Turkish investors through Turquaz Health Tourism on Friday, to…
Logistics company Kobo360 names Cikü Mugambi new CEO
Nigerian logistics company Kobo360 announced the appointment of Cikü Mugambi as the new CEO after its founding CEO Obi Ozor was named…
Spotify AI DJ now available in Nigeria
Spotify is now extending its artificial intelligence-driven personalised music function, “DJ,” to Nigeria and other countries, marking a significant expansion six months…
Snapachat removes subscription for dark mode
Snapchat has removed the paywall for dark mode on Android after previously requiring users to have a Snapchat+ subscription in order to…
GSK to halt operations, exit Nigeria
GlaxoSmithKline Consumer Nigeria PLC has been notified by GSK UK Group of its strategic plan to stop selling its prescription drugs and…