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Monday, January 27, 2025

Cardoso Advocates for Youth Devt, Collaboration with Economic Associations

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The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, reaffirmed the Bank's commitment to nurturing the next generation of leaders in...

We’ve Discovered Oil in Niger Delta — NNPC, Chevron

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The NNPC Limited and Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has achieved a significant milestone with the successful drilling of the Meji NW-1...

Samsung Delays Chip Equipment Deliveries

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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

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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/$

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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

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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

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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

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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

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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

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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...