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Proposed 5% levy could force companies to flee Nigeria – Afrexim Bank

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The proposed 5 percent tax on companies earning over N100 million for community development projects could result in the exits

Friday, Jul 26

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Hunger protest: Prepare for situation that may unfold in Lagos – Doherty

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Funso Doherty, a former gubernatorial candidate in Lagos State, has highlighted the imminent threat of nationwide protests set to commence

Rema announces homecoming concert in Benin City

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Rema is set to thrill his home crowd as he announces a highly anticipated homecoming concert. The show is scheduled

Naira falls to 4-month low, defies CBN’s interventions

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Nigeria’s naira has plummeted to a four-month low despite efforts made by the Central Bank of Nigeria to make it

UBA freezes account of protest organisers as DSS intensifies efforts to stop demonstration

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The United Bank for Africa (UBA) has come under fire for freezing the account of the Take It Back Movement

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Nigeria’s Aminu Umar becomes first African director on International Chamber of Shipping board

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Aminu Umar, president of the Nigerian Chamber of Shipping (NCS), has been appointed as the first African director on the

Hardship protest: APC youth leader Isreal calls for patience, says Tinubu addressing grievance

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Dayo Isreal, the National youth leader of the ruling All Progressives Congress (APC) has said that President Bola Tinubu was

19

Salamatu Suleiman retires as non-executive director of Stanbic IBTC

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Stanbic IBTC Holdings Plc has announced the retirement of Salamatu Suleiman as an independent non-executive director on the board of

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Nigeria stocks shed N1.32trn in rate hike week

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Nigeria’s equities market decreased by 2.33 percent or N1.32trillion in the trading week ended Friday July 26. The market recorded

17

Wigwe University appoints Al-Akaidi as acting vice-chancellor

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The board of trustees and governing council of Wigwe University has approved the appointment of Marwan Al-Akaidi as the..

Cross River assembly approves Gov. Otu’s request to dissolve state electoral commission

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The Cross River State House of Assembly has granted Governor Bassey Otu’s request to dissolve the Cross River State Independent

Guinness loss widens to N54.76bn as finance cost spikes by over 100%

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Guinness Nigeria Plc has released its audited financial statements for the year ended June 30, 2024. Guinness Nigeria Plc loss

Rail strike hits Paris 2024 Olympics

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As preparations for the Paris 2024 Olympics were underway, France’s high-speed TGV rail network was attacked on the day of

Protesters likely to clash with security personnel; stock up food, other essentials – Report

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There is a high potential for clashes between protesters and security personnel as security forces prepare to prevent the escalation

Nigerian military says protesters aim to replicate Kenya’s unrest

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The Defence Headquarters (DHQ) has said it will not allow violent protests as the nation braces for a nationwide demonstration

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How Mary Adeniji-Gbenga is building a successful fashion business

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In the ever-evolving fashion industry, Ayo-Marie Clothings has established itself as a beacon of uniqueness, style, and elegance. Founded by

Meet Ifedolapo, startup providing micro-lending services for MSMEs

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Ifedolapo Lawal is the founder and CEO of OystrFinance, a fintech company that provides the lending infrastructure that powers micro-lending

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AFS moves to tackle Africa’s rising food insecurity

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To curb rising food insecurity in Africa, the Africa Food Systems (AFS) is set to convene 5,000 world leaders, innovators,

Transcorp declares 10kobo interim dividend as half year PBT rises by 283%

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Transnational Corporation Plc (Transcorp Group), Nigeria’s leading listed conglomerate, reported its Half-Year (H1) 2024 unaudited results, showing impressive year-on-year (YoY)

PCN seals 571 pharmacies, medicine shops in Bauchi

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The Pharmacy Council of Nigeria, PCN, on Thursday, said that it has sealed over five hundred and seventy-one (571) premises in Bauchi State.

TwinsFaja unveils mentorship program to empower small businesses

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TwinsFaja Group of Companies has launched its inaugural mentorship program to empower career drive individuals and operators of small businesses.

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Mining communities demand 5% share of resources, separate from 13% state allocation

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Mining communities on the platform of the Federation of Nigerian Mining Host Communities and its Civil Society Partners have called

Repositioning the economy and what the numbers are saying

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On Thursday in Abuja, Minister of Finance Mr Wale Edun addressed a press conference and gave a mid-year report on

Afrobeats artists with international sold-out shows

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African artists have consistently sold out numerous major venues internationally on the global rise of Afrobeats’ music. Chart Africa, an

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Airfares to rise again as NAMA to increase plane charges by 800%

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The Nigerian Airspace Management Agency will raise en-route navigational charges from N2000 and N6,000 to N18,000 and N54,000 per flight.

Why cash-based transactions dominate despite e-payment boom

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Olaniyi Victoria, late 30s, runs a provision store in Fadeyi, Lagos State and collects cash payments over transfers from customers.

Moyo Ogunseinde: An amazon, making a difference in hospitality with design

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In 2011, when Radisson Blu Anchorage Lagos debuted, it took the Lagos hotel market by storm with its quality service

BVN enrollments surge to 62.7m on central bank directive

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Enrollment for Bank Verification Number (BVN) by bank account owners surged to 62.7 million as of July, according to the

Nigerians face malnutrition on protein deficiency

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Nutritionists and paediatricians are encountering higher than usual signs of malnourishment among Nigerian patients due to protein deficiency. Patience Chima,

Obamas endorse Kamala Harris in her bid to become president

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Former President Barack Obama and former first lady Michelle Obama have endorsed Kamala Harris in her White House bid. Their