News

The Chief Executive Officer of 9mobile Nigeria, Juergen Peschel, said the telecommunications company has invested more than N70 billion in its ongoing network modernisation. Peschel stated this during the company’s annual...

The Federal Airport Authority of Nigeria has ordered the immediate relocation of all aircraft stationed at the General Aviation Terminal of the Nnamdi Azikiwe International Airport, Abuja ahead of the...

The Nigerian Customs Service, the Nigerian Ports Authority, and the Nigerian Shippers' Council have all received criticism from the chairman of the Dangote Group, Aliko Dangote, over the overcrowding in...

Nigeria’s pioneer non-interest entity, Jaiz Bank Plc, has declared a double-digit growth across all performance indices in the first quarter of (Q1) 2023). In a statement, the bank noted that...

The naira/US dollar exchange rate depreciated to trade at an average of N740/$1 on the black market on Tuesday, 10th May 2023, a 0.27% decrease from N740/$1 on Monday. The...

The African Development Bank Group (www.AfDB.org) announced on May 9, 2023, a 24-month debarment of Goldsun Investments Company Ltd., effective January 31, 2023. Goldsun Investments Company Ltd. is a limited...

Fox Corporation, a major US TV company, recently announced a loss of $54m for the first quarter of 2023. This disappointing result is largely due to a costly settlement that...

1. PZ Cussons Nigeria Announces Dimitris Kostianis as New CEO The Board of Directors of PZ Cussons Nigeria Plc has approved the appointment of Mr. Dimitris Kostianis as a member...

Femi Otedola, a billionaire businessman, has disclosed that his bid to pay N250 billion for the Nigerian company Transcorp Corporation Plc was turned down. The businessman disclosed this on Tuesday in...

To displace charcoal with clean cooking gas, also known as Liquefied Petroleum Gas, would cost Nigeria and other countries in Africa about $7.5bn for downstream infrastructure and stoves, the African...