Business

BusinessFinanceNews

Nigerian Banks Face Challenges as Stocks See Downturn and Valuations Remain Low

In April, Nigerian banks faced significant challenges as major banking stocks experienced losses month-to-date. This downturn aligned with the first month-to-date decline in...

Tinubu Danish
BusinessNewsPolitics

Again, Tinubu Shares False News, Claims $600m Investment Deal With Danish Shipping Powerhouse

President Bola Ahmed Tinubu’s administration has once again shared false news with the public, claiming a $600m investment deal with a Danish Shipping...

BusinessNews

MTN Reports Second Consecutive Loss Due to Naira Depreciation

MTN Nigeria Communications Plc has declared a loss after tax of N392.7 billion for the first quarter of 2024, marking its second consecutive...

BusinessOpinion

Importance of Customer Feedback in Business Growth

Customer feedback is a cornerstone of successful business growth. It provides invaluable insights into customer satisfaction, preferences, and pain points, allowing businesses to...

BusinessOpinion

Simple Strategies to Boost Your Brand Visibility

In today’s crowded marketplace, standing out from the competition and increasing brand visibility is essential for business success. In a previous article titled...

BusinessNews

CBN Raises Customs FX Duty Rate for Cargo Clearance by over 12%

Amid the depreciation of the Naira in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Central Bank of Nigeria (CBN) has raised the...

BusinessFinanceTechnology

Nigerian Fintechs Halt New Account Openings Following Regulatory Directives

Several prominent Nigerian fintech companies, including Kuda Bank, Moniepoint, OPay, and Palmpay, have ceased opening new customer accounts following a directive from the...

BusinessFinanceTechnology

OPay’s Valuation Surges Over 30% Amid Nigeria’s Digital Payments Boom

OPay, the Nigerian fintech startup supported by Sequoia Capital and Softbank, has experienced a remarkable 30% increase in valuation since its Series C...

BusinessNews

Tinubu Participates in 2024 World Economic Forum Panel Session, Says He’ll Alleviate Hardship

Amidst persistent hardship, President Bola Tinubu has stated that removing fuel subsidies in Nigeria saved the country from bankruptcy. He said this on...

BusinessNews

Petrol Scarcity to Last A Few Weeks More -IPMAN 

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that the ongoing petrol supply challenges are expected to persist for another two...

MTN releases 'List of Unclaimed Dividends' prior Annual General Meeting
BusinessNews

MTN releases ‘List of Unclaimed Dividends’ prior Annual General Meeting

South Africa’s biggest telecoms operator, MTN, has released the ‘List of Unclaimed Dividends’ before its Annual General Meeting, which is scheduled for mid-May 20204....

Honda EV
BusinessNews

Honda to Build $11bn Electric Vehicle and Battery Plants in Canada

Honda Motor has announced plans to invest C$15 billion ($11 billion) in new electric vehicle (EV) and battery production plants in Ontario. This...