By Modupe Gbadeyanka An innovative solution to help government employees automate administrative tasks and provide faster service to constituents has been introduced by Salesforce. The trusted generative Artificial Intelligence (AI)…
By Aduragbemi Omiyale A notable company in the digital asset industry, Tether, has launched its tokens, the USDT and XAUT on The Open Network (TON). The introduction of USDT and XAUT on TON will facilitate seamless value transfer between…
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited and its Joint Venture partner in Operating Mining Lease OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil…
By Adedapo Adesanya The Federal High Court in Abuja, on Friday, dismissed money laundering charges filed against a former Attorney General of the Federation (AGF) and Minister of Justice, Mr Bello Adoke. The judge, Justice Inyang Ekwo,…
By Aduragbemi Omiyale The capital raising plan of Access Holdings Plc was on Friday, April 19, 2024, approved by shareholders at the company’s Annual General Meeting (AGM). In a bid to meet the new minimum capital requirements set for…
By Adedapo Adesanya Nigeria is likely to lose its status as Africa’s largest economy and drop to fourth place this year after a series of Naira devaluations, International Monetary Fund (IMF) forecast show. According to the IMF’s World…
By Adedapo Adesanya Data has shown that 50.5 per cent of Nigerian children, aged between 5 and 17, are engaged in some form of economic activities. This was disclosed by the National Bureau of Statistics (NBS) in its report titled Nigeria…
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By Adedapo Adesanya The Vice President, Mr Kashim Shettima, has expressed optimism that Nigeria would become a major economic force in the world under President Bola Tinubu by harnessing certain advantages. Mr Shettima stated this at the…
By Adedapo Adesanya The Nigerian Immigration Service (NIS) has put the immediate past Governor of Kogi State, Mr Yahaya Bello, on its watchlist to prevent him from leaving the country after his alleged involvement in a fraud case of N80.2…
By Aduragbemi Omiyale The $500 million Eurobond issued to investors by Ecobank Transnational Incorporated in April 2019 has been redeemed by the financial institution. The corporate debt instrument matured on Thursday, April 18, 2024, and…
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rebounded by 2.64 per cent on Thursday following the price appreciation reported by Aradel Holdings Plc. The energy firm chalked up N170 during the trading session to…
By Adedapo Adesanya The Naira plunged against the US Dollar by N70 in the parallel market segment of the foreign exchange (FX) market on Thursday to settle at N1,120/$1, in contrast to Wednesday’s closing price of N1,050/$1. Similarly, it…
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By Dipo Olowookere More profit-taking in banking equities kept the Nigerian Exchange (NGX) Limited in the domain of the bears by 0.06 per cent on Thursday. The stock market could not find its way back to the green territory during the…
By Adedapo Adesanya Crude oil slumped on Thursday as investors weighed mixed US economic data, US sanctions on Venezuela and Iran and easing tensions in the Middle East. During the session, Brent futures fell by 18 cents or 0.2 per cent to…
By Aduragbemi Omiyale The proposed merger among NASCON Allied Industries Plc, Dangote Sugar Refinery Plc, and Dangote Rice Limited has been suspended. The unification of the trio into an entity was disrupted by the observation of the…
By Adedapo Adesanya Africa may yet get another producer in the wider Organisation of the Petroleum Exporting Countries and its allies (OPEC+) after the exit of Angola and other players in recent years, as the group is considering Namibia…
By Adedapo Adesanya The Federal Competition and Consumer Protection Commission (FCCPC) has initiated a campaign to enforce price display and quantity compliance at supermarkets throughout Abuja, Federal Capital Territory (FCT), which is…
By Modupe Gbadeyanka The former Governor of Kogi State, Mr Yahaya Bello, has been declared wanted by the Economic and Financial Crimes Commission (EFCC). The chieftain of the ruling All Progressives Congress (APC) was absent in court on…
By Adedapo Adesanya The Nigerian Content Development and Monitoring Board (NCDMB) has received a return on investment (ROI) valued at $1 million from Nedogas Development Company Limited (NDCL) following one of the board’s strategic…
By Adedapo Adesanya The National Information Technology Development Agency (NITDA) and the National Identity Management Commission (NIMC) have announced a collaboration on National Public Key Infrastructure (PKI) and Digital Public…
By Otori Emmanuel Startups come into existence to solve a particular problem in society. Every startup aims to be a worthy investment in the eyes of its potential investors. A startup’s business end goal is to be valuable and have the…
By Adedapo Adesanya The World Bank Group has announced a partnership with the African Development Bank Group (AfDB) in an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030. Currently, it said…
By Kestér Kenn Klomegâh The tension between China and India threatens to paralyse BRICS – the association of five major emerging national economies: Brazil, Russia, India, China and South Africa. While struggling to expand and influence on…
By Adedapo Adesanya The Nigerian Ports Authority (NPA) has secured a $700 million loan from Citibank and funded the United Kingdom Export Finance to rehabilitate the Apapa and Tincan Island Ports in Lagos. The Managing Director of the NPA,…
In an ideal world, you’d be able to trust every email you received. Unfortunately, in the real world, scammers are sending a constant barrage of phishing emails to try and steal your money and identity. Oliver, the CEO of CyberNut, shows…
By Modupe Gbadeyanka Business activities at the headquarters of Heritage Bank on Victoria Island, Lagos, have been disrupted by officials of the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE). The group…
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By Adedapo Adesanya Wema Bank Plc said it has removed and suspended about seven fintech partners from its payment gateway platform over fraudulent activities. It, however, didn’t name the affected partners. This is as the bank unveiled an…