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Thursday, November 21, 2024

Federal Government Releases N55.657bn To Support Businesses

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The President Bola Tinubu-led federal government says it has disbursed the sum of N55.657 billion to manufacturers, and micro, small and medium enterprises as...

Beauty West Africa Show To Set New Standards

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The organisers of the Beauty West Africa Show have said that they will put standards and skills in the spotlight at the conference and...

Naira Depreciates to N1,735 in Parallel Market

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The naira saw a depreciation on Friday, sliding to N1,735 per dollar in the parallel market from its previous rate of N1,730 per dollar...

Tinubu Meets with Dangote, NNPCL over Naira-For-Crude Policy

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President Bola Tinubu is currently holding a briefing at the Aso Rock Presidential Villa in Abuja with the Implementation Committee on Crude Oil and...

Forex Crunch Hits Airlines: Capacity Reduced By 42%

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The capacity of local airlines operating in the nation’s aviation sector has reduced from over 89 to 52 in the last year, representing a...

FBNHoldings Undertakes N150bn Rights Issue To Strengthen Capital Base

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FBN Holdings Plc. (FBNH) has announced the signing ceremony to commence the Rights Issue offering of 5,982,548,799 ordinary shares of 50 kobo each at...

Why We Suspended Subscription Price Hike for Nigerian Users – Starlink

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Starlink, Elon Musk’s satellite internet service, has temporarily paused its recent price hike for Nigerian subscribers. This decision follows Starlink’s nearly doubled increase in monthly...

Nigerian Stock Market Rises 0.25% Amid Strong Gains

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The Nigerian Exchange Limited (NGX) trading concluded on a bullish note, with the All-Share Index (ASI) increasing by 0.25% to close at 99,189.95 basis...

Nigeria Officially Becomes A BRICS Partner Country

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Nigeria has joined the BRICS as a partner country, alongside 12 other nations, further strengthening its economic ties with the intergovernmental bloc. Algeria, Belarus,...

Why We Want NCC Approval To Deactivate Banks’ USSD Services — Telcos

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Nigeria's telecommunications operators are considering the deactivation of Unstructured Supplementary Service Data (USSD) services for banks due to a staggering outstanding debt that has...