Business
Nigerians’ Data Use Jumps 47% in One Year
Nigerians’ data consumption has surged by almost 47 per cent in just one year, prompting the Nigerian Communications Commission to call for increased investment…
Business
Business
Otti to Igbo traders: Don’t fight Chinese people, beat them with technology
Abia State Governor Alex Otti has urged Ndigbo to respond to the growing presence of Chinese traders in Nigeria by moving from conventional trading…
Business
Why FMN Is Betting N300m on Nigeria’s Food Innovators
Flour Mills of Nigeria (FMN) has invested more than N300 million in 11 innovators and businesses, deepening its push to support new ideas capable…
Business
Dangote’s Kenya Refinery to Generate 1,000MW, Double Lagos Plant
LAGOS, NIGERIA — Dangote Group’s planned refinery in Lamu, Kenya, will generate about 1,000 megawatts of electricity. This is twice the power-generation capacity of…
Business
Tinubu Says Nigerians Can Now Buy on Credit Through CREDICORP
ABUJA, NIGERIA — President Bola Tinubu says his administration has set up a credit institution called CREDICORP. The institution will help Nigerians obtain consumer…
Business
Atiku to Tinubu: Account for N166.79trn Debt Before Seeking $1.5bn World Bank Loan
ABUJA, NIGERIA — African Democratic Congress presidential candidate Atiku Abubakar has challenged President Bola Tinubu to account for Nigeria’s N166.79 trillion debt before borrowing…
Business
Iran’s Currency Hits Historic Low Against US Dollar
TEHRAN, IRAN — The Iranian rial has fallen to a record low against the US dollar. The decline adds to economic pressures facing Tehran.…
Business
CBN Warns Traders Against Mishandling Naira
KANO, NIGERIA — The Central Bank of Nigeria has warned traders against mishandling the naira. The apex bank said careless handling of banknotes increases…
Business
What Just Happened to Mark Zuckerberg’s $9bn Fortune?
Mark Zuckerberg’s fortune dropped by nearly $9 billion in a single day after Meta Platforms shares fell sharply, as concerns over the huge cost…
Business
Edo Gov’t Pledges ₦100m Support, Road Upgrade for Uwelu Traders
The Edo State Government has announced a ₦100 million grant for spare parts traders at Uwelu Spare Parts Market, alongside plans to rehabilitate…
