Samsung Delays Chip Equipment Deliveries
Samsung Electronics has delayed deliveries of chipmaking equipment from ASML for its new factory in Texas, as the South Korean tech giant struggles to...
Over 200 Malicious Apps Found On Google Play Store
A recent investigation by Zscaler’s ThreatLabz research team has uncovered over 200 malicious apps on the Google Play Store, collectively downloaded nearly eight million...
Naira Depreciates To N1,705/$
The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau De Change operators in...
Inflation Surges To 32.70% On Fuel Price Hike
After a two-month decline, the inflation rate, which measures the rate at which prices of goods and services rise in the country, increased to...
Nigeria’s Inflation Rate Hits 32.70% In September 2024 — NBS
Nigeria's headline inflation rate rose to 32.70% in September 2024, up from 32.15% in August, according to the National Bureau of Statistics (NBS).
This represents...
IPMAN Agrees To N995/Litre Petrol Price With NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has reached an agreement to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum Marketers...
Nigeria To Disconnect Neighbors For Unpaid $5.79m Electricity Bill
Nigeria may take the last option of disconnecting her neighbours and throwing them into darkness following their huge indebtedness to the country’s electricity industry,...
Nigerian Breweries Secures Approval For Rights Issue Extension
The Securities and Exchange Commission has approved the extension of Nigerian Breweries Plc’s 599.1bn rights issue. The acceptance period, initially scheduled to close on...
SON Intensifies Effort to Boost Industrialisation in Nigeria
The Standards Organization of Nigeria (SON) is ramping up efforts to enhance Nigeria's industrial growth by ensuring the production of high-quality products.
During the celebration...
eTranzact CEO Sees FinTech As Growth Catalyst
The chief executive officer of eTranzact, a leading financial technology company, Niyi Toluwalope, has emphasised the need for Nigeria’s fintech ecosystem to prioritise inclusive...