Despite ongoing Naira-4-Dollar Scheme, external reserves dropped to $34.24bn in May Nigeria’s external reserves lost $640 million in May, falling to $34.24 billion on May...
Pantami, NITDA rally stakeholders’ support for eGovernment implementation The Federal Government has expressed commitment to the implementation of the National eGovernment master plan urging...
Flour Mills Signs $300m sugar production deal with Nasarawa Flour Mills Nigeria at the weekend ramped up its Backward Integration Programme (BIP) in the...
Nigerian stock market sheds N12bn to reverses gains Transactions on the Nigerian Exchange (NGX) closed on a downturn yesterday, occasioned by sell pressure in...
FAAC receives N1.54trn from MDAs in Q1 2021 In the first three months of fiscal year 2021, revenue-generating agencies in the country remitted the...
Nigeria targets $2bn from PVP Act implementation There are indications that Nigeria may generate over $2billiion within 5years of implementing the Plant Variety Protection...
Equities market CAP gains 94 billion to reclaim N20trn mark Price gains by most blue-chip stocks, especially MRS and Vitafoam, aided a rebound on...
SEC moves to address solid minerals challenges via commodity exchanges The Securities and Exchange Commission (SEC) is seeking to collaborate with the Ministry of...
L-R: Mr. Ibrahim Galadima, Head, International Affairs, Nigerian Communications Commission (NCC); Mr. Teofilo Lopes, Head of Delegation from Guinea-Bissau; Prof. Umar Garba Danbatta, Executive Vice Chairman/Chief...
Nigeria targets $700m yearly from sugar backward integration Dangote Sugar Refinery Plc has urged the government to faithfully follow through with the Backward Integration...
Local hosting saves Nigeria $40m annual capital flight Increase in the number of data being hosted locally in Nigeria is saving the country about $40...
L-R: Certificate recipients of Ynsprye Project- Oluwasegun Ikoya; Deborah Johnson; Ozena Utulu, Head, Brand Management and Sustainability Heritage Bank; Fela Ibidapo, Divisional Head, Corporate Communications; Uchenna...
Samsung Notes App passes 1 billion installs on Play Store South Korean tech giant’s Samsung Notes has been downloaded more than one billion times...
UAE to get 3 Amazon Web Services data centres in 2022 Amazon.com Inc revealed on Wednesday that its cloud service unit will launch three data centres...
Africa Specialty Risks launches Parametric Underwriting Division Africa Specialty Risks (ASR), the pan-African focused managing general agent, announced the launch of its parametric division,...
Uber, Bolt, rideshare operators to see global revenue hit $12.4bn by 2022 After the pandemic blow that threw the global ride-sharing industry off balance in...
WhatsApp drags India to court over disclosure rules Agency Report WhatsApp has filed a lawsuit in Delhi against the Indian government seeking to block regulations...
Oil rises on bullish API inventory report The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 439,000 barrels...
Crypto miners succumb to pressure to cut energy use Bitcoin miners in North America have agreed to form the Bitcoin Mining Council to promote energy...
Air transport’s contribution to GDP slumps by 11.8% Air transport’s contribution to Gross Domestic Product (GDP) for the first quarter of 2021 sunk by 11.78...