Africa’s wealthiest man, Aliko Dangote, has announced his willingness to sell his multibillion-dollar oil refinery to the state-owned energy company, NNPC Limited.
United States President Joe Biden has officially endorsed Vice President Kamala Harris for the position of the Democrat's Presidential flag bearer at the forthcoming presidential poll in the US.
President of the United States of America (US), Joe Biden, has announced the end of his reelection campaign after fellow Democrats questioned his mental acuity and ability to defeat Donald Trump, leaving the presidential race in an…
Nigeria’s Central Bank Digital Currency (CBDC), eNaira, makes up less than 1% of the total currency in circulation as of March 2024, almost three years after it was launched.
Co-founder and CEO of Dairy Hills and energy expert, Kelvin Emmanuel, discussed Dangote refinery and NNPC stake in it. He also shared insights on why the 650,000pbd is struggling to get supply from IOC and what it all means to the Nigeria…
On a Wednesday morning, at around 20 minutes past 9 am, I arrived at the Blue Line Mile 2 station to experience my first train ride on Nigeria’s first electric metro rail line.
Nigeria's leading commercial banks recorded significant FX revaluation gains, estimated at a combined total of N3.37 trillion in 2023 and Q1 2024, primarily due to the devaluation of the Naira last year.
Ugodre looks into the Central Bank of Nigeria’s (CBN) recent plan to utilize dormant account balances for treasury bills and government securities. He explores the implications of this policy on the banking sector, financial regulation,…
The Federal Government, alongside key stakeholders, unveiled a climate change on healthcare policy document in a move to address the growing impact of climate change on healthcare delivery in Nigeria.
Access Holdings has since blown past competing with Nigerian banks and has now set its sights on the continent. This time, they want to be among the top 5 banks in Africa (the bank was not clear by what measure).
Industry leaders within Nigeria’s vibrant Nollywood sector have called on the Federal Government to retain the National Film and Video Censors Board (NFVCB) in its current parastatal status, amidst the implementation of the Oronsaye Report.
The Nigerian box office has grossed over N5 billion within the first seven months of 2024, setting an ambitious target of N10 billion by the year’s end. This promising outlook is based on data released by the official Nigerian box office…
A former Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Aliyu Abatti Abdulhameed has urged the Federal High Court sitting in Abuja not to grant a final order of forfeiture against a…
United Capital Plc was the top gainer in the NGX for the week ending July 19, 2024, with its share price appreciating by 42.78% to close the week at N40.55.
The United States has introduced the International Entrepreneur Rule (IER) for non-citizens who are entrepreneurs seeking to establish and grow their startups in the US.
The Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has reacted to the allegations by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) that the refinery is producing products of low quality.
The President and Chief Executive Officer (CEO) of Dangote Group, Aliko Dangote, has announced that the company will abandon its plans to enter Nigeria’s steel industry to avoid being branded a monopoly. Dangote made this disclosure in a…
American news and business channel, CNBC, has recognized seven African companies in its World’s Top Fintech Companies 2024 report, highlighting them among the 250 leading fintech firms globally.
The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has come under fire for his controversial comments on the Dangote Refinery, with many Nigerians demanding his resignation.
The NUC Resource Verification Team praised Maduka University's facilities for new Medical Sciences programs, highlighting significant infrastructure and progress.
The Lagos State Government has announced a ban on articulated trucks using the Lekki-Epe corridor during peak hours from 5am to 9am and 6pm to 10pm, starting in August.
WhatsApp announced that its parent company, Meta, will be appealing the $220 million fine imposed by the Federal Competition and Consumer Protection Commission (FCCPC) for violating Nigeria’s data privacy laws.
In 2023, eleven Nigerian banks incurred a total of N575.168 billion in taxes, marking a significant 175% increase compared to the N209.608 billion incurred in 2022.
Bitcoin price has seriously recovered from weeks of facing selling pressure which saw its price drop to as low as $53, 500 on July 5 to hit the $66,000 mark at the time of writing this report.
The federal government of Nigeria has urged Nigerian youths to apply for the Economic Community of West Africa’s (ECOWAS) cybersecurity hackathon aimed at empowering citizens of the region.