News

The total assets under the Contributory Pension Scheme reached N18.36tn by the end of 2023, according to data from the National Pension Commission. PenCom’s ‘Unaudited report on pension funds industry...

The market capitalisation of the Nigerian Exchange gained about N1.24tn at the end of Monday’s trading to close at N57.28tn, bringing it closer to the historic N60tn mark. That was...

According to reports from Bloomberg, Dangote Refinery is set to import crude oil from the United States, marking the first time the refinery has purchased non-Nigerian crude oil. Trafigura Group...

Nestle Waters, the world's largest bottled water supplier, used "food safety" measures that violated French legislation, stated that it has run various waters, including Perrier and Vittel, via ultraviolet light...

Amazon announced on Monday that it was abandoning its ambitions to acquire the iRobot vacuum producer after the EU's antitrust watchdog objected to the deal over competition concerns. "We're disappointed...

AY Makun, a popular comedian, has taken legal action against defamation by filing a petition against a Facebook user named Agozi Samuel. The comedian claims that a video shared by...

Bashir Jamoh, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has pledged the agency's commitment to ensuring the seamless operation of the Dangote port and refinery by...

Bluetti, a global pioneer in renewable energy solutions, provided 50 solar power kits to disadvantaged rural households in Ilaro, Ogun State, as part of their Lighting an Africa Family (LAAF)...

Dr. Dere Otubu, Chairman of the Board of Directors of Eko Electricity Distribution Company (EKEDC), has underlined the need for additional investment in the power sector to satisfy Nigeria's growing...

1. Forex crises, high import duty depress vehicle, other imports Amidst sustained depreciation of the Naira, Niger- ia’s motor vehicle imports recorded a massive 32 per cent decline in 2023...