News

The Naira rose to N1,660 per dollar in the parallel market Friday, up from N1,665 on Thursday. Similarly, the Naira rose to N1,531 per dollar on the official foreign currency...

United Bank for Africa (UBA) Plc is hosting a Knowledge Series webinar titled "2024 Withholding Tax Regulations, Specific Emphasis on How They Affect SMEs" to educate small and medium-sized enterprises...

The Dangote Refinery, a major player in Nigeria's oil sector, is facing issues due to the surge of imported petrol offered at competitive prices. Independent oil marketers are drawn to...

The Central Bank of Nigeria (CBN) has reported a significant shift in the country's payment landscape, with Point-of-Sale (PoS) transactions in 2024 surpassing Automated Teller Machine (ATM) usage by 603%....

The Socio-Economic Rights and Accountability Project (SERAP) has filed legal action against the Federal Government and the Nigerian Communications Commission (NCC) in reaction to the recent 50% rise in telephone...

The Presidential Compressed Natural Gas Initiative (P-CNGi) says it has deployed 160 CNG buses through its transport union partners and sub-nationals to offset the impact of increased transport costs caused...

Yu Dunhai, the Chinese Ambassador to Nigeria, made the announcement on Nigeria-China trade at the Chinese Cultural Centre in Abuja. Ambassador Yu spoke at the ceremony, emphasising Nigeria's importance in...

The Federal Government of Nigeria has launched the NEXT GEN RESCO Program, aiming to bridge the skills gap in the renewable energy sector and empower young leaders. This 12-month initiative...

Zenith Bank, one of Nigeria's leading financial institutions, has promoted 4,165 employees as part of a major restructuring program to reward achievement and optimise its staff. Alongside this change, there...

The Kano State Investment Promotion Agency (KANINVEST) has signed a $15 million Memorandum of Understanding (MoU) with STATA Power Utility Nigeria Limited to set up a customised Compressed Natural Gas...