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Business
BREAKING: NLC Directs Members To Cripple Activities At CBN Offices Nationwide
The leadership of Nigeria Labour Congress (NLC), on Wednesday, directed all workers to picket all the offices of Central Bank…
I Apologise For Failed Online Banking Transactions Which Nigerians Have Been Having – Emefiele
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has admitted that Nigerians are experiencing difficulties in carrying out online banking transactions due to the deluge of online transactions that hit…
Emefiele Spits Fire, Threatens Errant Banks’ Shareholders
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has sent a stern warning to…
Petrol Price Increased By 54.76% In One Year – NBS
The National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol…
Economists fault MPC over 18% lending rate
Economists have faulted the Monetary Policy Committee of the Central Bank of Nigeria over its decision to increase the benchmark interest rate by 50 basis points to 18 per cent from 17.5 per cent. The…
We’re Not Hopeful Inflation Will Go Down Because Fuel Subsidy Will Soon Be Removed – Emefiele
Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), has said that he is not optimistic that inflation will go down despite some tightening measures being implemented by the bank, noting that…
FG Removes Excise Duty for Telecoms Services
The Federal Government has announced the removal of excise duty for telecom sub-sector of…
Credit Suisse Collapse Burns Saudi Investors
Riding an oil-price boom last year, Saudi Crown Prince Mohammed bin Salman directed government-backed Saudi National Bank to make a $1.5 billion investment…
Hedge fund admitted P&ID made unlawful payments to Nigerian officials in 2021 lawsuit –…
VR Capital, a hedge fund firm, says payments made to Nigerian officials by Process & Industrial Developments (P&ID) violated the law, Semafor Africa is . VR Capital, a major stakeholder in P&ID, made…
BREAKING: CBN raises interest rate to 18%, retains other parameters
The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 17.5 percent to 18 percent. Last week, Nigeria’s inflation…
I won’t pay ‘stupid price’ for Man Utd —British billionaire, Ratcliffe
Prospective Manchester United owner Jim Ratcliffe has said he will not pay a “stupid” price for the Premier League giants, with more bidders expected to enter the race to take over at Old Trafford. The British…
MTN To Merge With Finance Subsidiaries
MTN Nigeria has disclosed its plans for a merger with two financial institutions…
GTCO FOOD & DRINK FESTIVAL 2023… A CELEBRATION OF FOOD!
The annual GTCO Food & Drink Festival is back again for its 6th Edition, and food lovers across Africa and…
Empowerment: 30 Host Community Youths Graduate from Dangote Electrical Training Programme
… Ibese Plant donates solar-powered Borehole No fewer…
FG rakes in N10tn VAT under Buhari – NBS
The Federal Government has raked in N10.1tn from the collection of Value Added Tax under the regime of the President, Major General Muhammadu Buhari (retd.). This comes against the backdrop of the advice by the…
The Role of UX/UI in Product Success: Designing for User Delight – Olawale Adebimpe
The success of any digital product is heavily influenced by its user experience (UX) and user interface (UI) design. In one of our key projects, a comprehensive mobile app redesign, our main goal was to redefine how users interacted…
We’ve lost N30 billion worth of eggs due to cash scarcity – Poultry farmers
The Poultry Farmers Association of Nigeria (PAN) said its members lost more than N30 billion worth of over 15 million crates of eggs due to the effect of naira scarcity in the country. Sunday Onallo-Akpa, the…
Rent, inflation push low-income Nigerians to suburbs
A growing number of low-income tenants are leaving the city centres in Nigeria for the suburbs as house rent and inflation continue to surge, adding to the pain of rising cost of living in the country. The…
10 things Tinubu’s govt must implement in first 100 days – MAN
Manufacturers Association of Nigeria (MAN) has highlighted 10 specific deliverables to be accomplished by the new administration within the first 100 days in office, starting from May 29, 2023. According to a…
Finance Minister Urges Incoming Administration To Raise VAT To 10%
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has urged the incoming administration to increase the Value Added Tax (VAT) from the current 7.5 per cent to 10 per cent, saying…
Shell lifts force majeure on 250,000 bdp Bonny terminal
The Shell Petroleum Development Company of Nigeria Limited (SPDC), on Wednesday, said it has lifted the force majeure on the 250,000 barrel-per-day Bonny export terminal, one year after it shut the terminal…
Fresh facts emerge on allegations against Seplat CEO, Board
Fresh facts emerged on Thursday, March 16 concerning the recent barrage of allegations against Roger…
U.S. tells Chinese firm to sell TikTok or face ban
The U.S. government has told the Chinese firm that owns TikTok to sell the app or face a ban. According to the New York Times, two people familiar with the matter said the White House had, in a renewed call,…
Argentina’s inflation hit 102.5 per cent in February: Report
The yearly inflation rate in Argentina has exceeded 100 per cent for the first time since 1991, reaching 102.5 per cent in February. According to Voice of America, the government’s statistics office said on…