Business
I am holding all DisCos accountable for their performance – Power Minister
Bayo Adelabu, the Minister of Power, has summoned the heads of the Abuja Electricity Distribution Company (AEDC), Ibadan Electricity Distribution Company, and the...
Northern Nigerian Farmers Forced to Pay Large Sums to Bandits for Permission to Farm and Harvest
A recent report has revealed that local farmers in Northern Nigeria are compelled to pay hefty sums, ranging from N70,000 to N100,000, to...
767 Nigerian Companies Shut Down in 2023 – MAN
The Manufacturing Association of Nigeria (MAN) has disclosed that 767 manufacturing companies shut down operations while 335 experienced distress in 2023. This unfortunate...
‘No justification for carnage in Gaza’ — Yussuf Tuggar
Nigeria’s Foreign Minister, Yusuf Tuggar as a delegate of Bola Ahmed Tinubu during the State Visit to Doha expressed that Israel must stop...
Bitcoin Falls by 6% after Reaching All-time High of $69,000
Bitcoin has fallen by over 6% after shattering its previous record and reaching an all-time high of over $69,000 on Tuesday. The initial...
Airtel Buys Back 991,861 Shares from Citigroup to Reduce Capital
Airtel Africa, the telecommunications giant, has successfully repurchased 991,861 of its shares, valued at $0.50 each, from Citigroup Global Markets on the London...
Breaking: Bank of Ghana Suspends Forex Trading Licences of GTB and FBNBank
The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN)...
Fintech Startup Brass Furloughs Employees Amid Economic Challenges
Fintech startup Brass has announced its decision to furlough an undisclosed number of its employees temporarily due to prevailing economic challenges. CEO Sola...
Access Bank Launches “YouThrive” Initiative to Empower Nigerian Young Entrepreneurs
Access Bank Plc has launched a “YouThrive” initiative to empower 700,000 youth owned Micro, Small, and Medium-scale Enterprises (MSMEs) in Nigeria with N50...
Keyamo Denies Claims of Relocating Fire-fighting Simulator to Lagos
The Ministry of Aviation and Aerospace Development has officially denied rumours of relocating a fire-fighting simulator from the Nigerian College of Technology, Zaria,...
Security Agents in Kogi Intercept 53 Stolen Transformers
Security agents in Kogi State have successfully intercepted a truck transporting 53 stolen electrical transformers intended for electrification projects across the state. The...
Nigerian Entrepreneurs Shine in 2024 Swiss-Africa Start-up Competition
The 2024 Swiss–Africa Academia-Industry Training (AIT) start-up competition has crowned twelve winners from Nigeria, South Africa, and Rwanda across diverse sectors like biotech,...