Business
Foreign Investments In Nigeria’s Stock Increase By 204%
Nigeria’s stock market sees a 204% rise in foreign investments in Q2 2024, reaching $150 million.
9 October 2024
Business
Business
CBN Governor Justifies Interest Rate Hike to 27.75% Amid Inflation
CBN Governor Yemi Cardoso explains the painful decision to raise Nigeria’s interest rate to 27.75%, focusing on inflation control
8 October 2024
Business
Nigerian Developers Earn $13 Million From Android Apps in 2023 – Google Report
Google reveals Nigerian developers earned $13 million from Android apps in 2023, creating 25,000 jobs in Nigeria’s booming software sector.
7 October 2024
Business
World Bank Highlights Global Food Crisis Risks Amid Conflicts
World Bank’s 2024 Food Security Report highlights severe global food insecurity driven by conflicts and extreme weather
5 October 2024
Business
Zenith Bank Apologizes for Service Disruptions Amid IT Software Upgrade
Zenith Bank addresses recent service disruptions due to an IT software upgrade confirms that transactions can now be processed on its platform
4 October 2024
Business
BOI Launches Pricesense App to Tackle Soaring Food Prices
Nigeria’s BOI launches the Pricesense app to monitor real-time food prices, aiming to curb inflation caused by food cartels and rising costs.
3 October 2024
Business
FG Approves ExxonMobil-Seplat Energy Divestment Deal
Nigeria to approve $1.28 billion ExxonMobil-Seplat Energy divestment deal, President Bola Tinubu confirms during independence day speech.
2 October 2024
Business
Nigeria’s Debt to GDP Ratio Not Critical- Minister Says
Foreign Affairs Minister Yusuf Tuggar assures that Nigeria’s Debt-GDP ratio is not alarming, with China still willing to invest in the country
1 October 2024
Business
FG to Harmonize Tax System for all 36 States in Nigeria
The Federal Government of Nigeria plans to harmonize tax across all 36 states, with the FCT as a pilot for the initiative. This aims to simplify taxation and increase state revenues.
30 September 2024
Business
Otedola Consolidates Stake in FBNH with 534 Million Shares
Otedola acquires an additional 534 million shares in FBN Holdings, increasing his stake to 13.2% of the bank’s outstanding shares,
28 September 2024
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