Business News

The Global System for Mobile Telecommunication Association has highlighted the adverse impact of taxation and duty levies on smartphone adoption in Nigeria and Sub-Saharan Africa. According to GSMA’s report, taxes...

The Managing Director of the Federal Housing Authority, Gbenga Ashafa, has said the authority requires at least N500bn to sufficiently reduce the number of homeless persons in the country. This...

MTN Nigeria is in the process of renegotiating periodic reviews of the company’s tower contracts. The firm noted that these contract renegotiations are important in mitigating the impact of forex...

Despite the high prices of food and various commodities in Africa’s most populous nation, the National Bureau of Statistics said food inflation declined by 0.54 percent in October. On Wednesday,...

Nestlé Nigeria has recently underscored its unwavering commitment to environmental preservation through an extensive and impactful nationwide clean-up campaign. The company, a prominent player in the food and beverage industry,...

In a groundbreaking development announced amidst the proceedings of #IATF2023 in Cairo, Egypt, the African Export Import Bank (Afreximbank) and Innovative Biotech Limited (IBL) have joined forces through the signing...

Unilever oral Pepsodent outreach, a prominent global toothpaste brand, has joined forces with the Federal Ministry of Health and the Nigeria Dental Association to launch the ambitious 'Pepsodent Talk to...

Engineers under the aegis of the Nigerian Academy of Engineering have begun a new engineering innovation competition for Nigerians and those in the diaspora towards promoting infrastructure and technological development...

There are indications that the Monetary Policy Committee of the Central Bank of Nigeria will further hike its Monetary Policy Rate (interest rate) by 100 basis points this week. The...

The Director of New Energy at Seplat Plc, Effiong Okon, has unveiled the company’s plan to construct a new $250m gas plant in Sapele, Delta State. The announcement took place...