Business
Nigeria-India Business Council Commits to Enhancing Trade Ties
Emeka Ofor, Chairman of the Nigeria-India Business Council, NIBC, has expressed commitment to enhancing trade relations between the two countries. On Wednesday, Ofor...
Just In: CNG-Converted Vehicle Explodes at NIPCO Station in Benin
A gas-powered vehicle exploded at a NIPCO Ltd. Compressed Natural Gas (CNG) station in the Ikpoba-Okha Local Government Area of Edo State, on...
BRICS Investment in Nigeria Soars 189% in Six Months
Nigeria’s foreign investment inflows from BRICS nations have soared to 189 per cent in the first two quarters of 2024, being January to...
Nigeria’s Power Grid Collapses Twice in 24 Hours
Nigeria’s national electricity grid suffered its second collapse in less than 24 hours on Tuesday morning. According to a Punch report, the latest...
Abia Government Begins Roll-out of Interest-Free Loans for 302 Young Farmers
The Abia State Government has started distributing interest-free loans to 302 youths trained in agricultural ventures. The Commissioner for Information and Culture, Okey...
GTBank Faces Backlash From Customers as Transition to New Banking System Causes Prolonged Delay
GTBank’s transition to the Finacle core banking system has encountered delays, leading to frustration among its customers. The bank initially announced branch closures...
Dangote Refinery to Negotiate New Fuel Pricing with Oil Marketers
Dangote Refinery will meet with the Nigerian Petroleum Marketers on Tuesday and Wednesday to negotiate new fuel pricing. Chinedu Ukadike, the spokesperson for...
Major Fake Wine Factory Uncovered in Anambra, Seven Arrested
A major illegal wine production facility has been uncovered in Anambra State. It was raided by the Presidential Task Force Against Economic Sabotage...
Côte d’Ivoire To Sell Additional Stake In Cocoa Processor To Malaysian Firm To Boost Processing Capacity
Côte d’Ivoire is considering selling an additional stake in its cocoa processor, Transcao, to Malaysian cocoa company Guan Chong Berhad (GCB), according to...
Nigeria’s Petrol Import Drops by 3.58 Billion Litres Post-Subsidy Removal
Nigeria’s petrol importation saw a significant drop in 2023, following President Bola Tinubu’s removal of the fuel subsidy in May. Data from the...
ExxonMobil’s $1.28 Billion Asset Sale to Seplat Will Soon Be Approved – Tinubu Says
President Bola Tinubu has announced that ExxonMobil’s sale of its oil and gas assets to Seplat Energy Plc will receive ministerial approval in...
Starlink Hikes Monthly Subscription in Nigeria From N38,000 to N75,000, Due To Inflation
Starlink, Elon Musk’s satellite internet service, has raised its monthly subscription fees in Nigeria by 97 per cent, from N38,000 to N75,000. The...