News

Federal safety inspectors have reported that Tesla is recalling 2.2 million of its cars on US roads due to warning light display sizes that are too small. The National Highway Traffic...

Bullish trading resurfaced on the stock market on Thursday leading to a gain of N902bn. This came after two bearish sessions on the back of profit-taking activities. A similar trend...

Fortified Sugar brought in the highest revenue to BUA Foods of its different business segments in 2023. The firm’s total revenue rose by 74.13 per cent to N728.48bn in 2023...

The Central Bank of Nigeria, CBN, has fixed $1m as the minimum share capital requirement for International Money Transfer Operators in the country. This was revealed in its revised guidelines...

Oil prices experienced a 2% decline on Thursday, fueled by unconfirmed reports of a potential truce between Israel and Hamas. This drop coincided with a notable U.S. refinery shutting down...

Elon Musk, the once reigning world's wealthiest individual and current owner of X, previously known as Twitter, is making a heartfelt plea to advertisers. Despite recent controversies surrounding the platform,...

Vivendi SE's Canal+, led by French billionaire Vincent Bolloré, proposes acquiring the remaining shares of MultiChoice Group, the South African pay-TV company, in a deal valued at 46 billion rand...

The International Monetary Fund (IMF) has predicted a decline in Nigeria’s inflation rate to 23 percent in 2024 and 15.5 percent in 2025. IMF’s Division Chief of Research Department, Daniel...

The Lagos State Internal Revenue Service has extended the filing of employers’ annual tax returns to February 7, 2024. Statutorily, the filing of annual tax returns by companies expires on...

FBN Holdings has appointed billionaire businessman, Femi Otedola, as the new chairman of its Board of Directors to succeed Ahmad Abdullahi. In a corporate notice filed with the Nigerian Exchange...