Business
Nissan to Launch Self-Driving Taxi Service in Japan come 2027
Nissan Corporation has disclosed plans to introduce a self-driving taxi service in Japan, with trials set to begin in Yokohama in April 2027....
Nestle Loses N104b Due to Naira Devaluation
Nestle Nigeria Plc has revealed a loss before tax of N104 billion for the fiscal year 2023, a sharp contrast to the N71...
CBN Governor Raises Concern Over Amount Passing Through Binance Nigeria
Nigeria’s Central Bank Governor, Olayemi Cardoso, has raised concerns over the significant amount of money passed through Binance Nigeria, amounting to approximately $26...
Sterling Bank CEO Urges Embrace of AI for National Competitiveness
Sterling Bank Limited’s Managing Director and CEO, Mr. Abubakar Suleiman, emphasized the imperative of prioritizing Artificial Intelligence (AI) development for both governmental and...
Unlocking Africa’s Economic Potential: Sujimoto’s Strategic Expansion and Partnerships
Over the past two decades, Africa’s emerging markets, with a population exceeding 1.5 billion, have attracted global investors’ attention, showcasing the continent’s economic...
While CBN Fights Dollarization of Naira, BRICS Sets to Ditch US Dollar for Chinese Yuan
BRICS members, China and Russia are looking to ditch the U.S. dollar and take loans in Chinese Yuan as one of their several...
Flutterwave Appoints Renowned Architect Olajumoke Adenowo to Global Board
Flutterwave, Africa’s leading startup, appoints Nigerian architect Olajumoke Adenowo to its global board of directors, signalling its commitment to international expansion. As Flutterwave’s...
Fire Razes 50 Shops in Kano Market, Destroys Property Worth N150m
A fire that broke out at midnight has resulted in the destruction of more than 50 shops and property valued at N150 million...
Olufemi Bakre, Managing Director of Parallex Bank, Named Banker of the Year 2023
Olufemi Bakre, Managing Director of Parallex Bank, was named Banker of the Year 2023 by The Sun Newspapers at an award ceremony in...
Just In: Heeding Peter Obi’s Advice, CBN Directs Customs to Base Import Duty on ‘Form M’ Date Exchange Rate
The Central Bank of Nigeria has directed the Nigerian Customs Service (NCS) to use the foreign exchange (FX) closing rate on the day...
Huge Geometric Plant Set to Give Aba, 9 LGAs in Abia 24/7 Power from Monday
A 188-megawatt Geometric Power Plant will be commissioned in Abia on February 26, 2024, to boost the region’s power generation. The commissioning of...
IMF Predicts Zero Growth Rate for Nigeria, Warns Naira May Depreciate Further by 35% in 2024
The International Monetary Fund (IMF) has predicted a further 35% depreciation of the Nigerian Naira in 2024, owing to the country’s production challenges....