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Britain unveils tariff-free trade scheme with Nigeria
Nigerians are set to benefit from a new trading scheme in the United Kingdom that will cut price tariffs on hundreds of everyday products exported into the country from 2023. The UK’s International Trade…
Ghana Cedi declared worst performing currency worldwide by Bloomberg
According to Bloomberg, the Ghana Cedi is currently in tatters, haven…
GTCO Autism Conference Holds on August 29th and 30th at MUSON Centre, Onikan, Lagos
The 12th edition of the…
Reps Seeks $753m Debt Reconciliation Between NPA, Terminal Operators
The Public Account Committee of…
‘Joker’ sequel stars Lady Gaga and Joaquin Phoenix are reportedly getting massive…
The "Joker" sequel, "Joker: Folie à Deux," is coming to theaters in 2024, and the stars and…
Nigeria’s Bank of Industry raises $1 billion loan for companies
The Bank of Industry (BoI) has announced the successful completion of a landmark EURO 1 billion Guaranteed Senior Loan Facility. This is to further enhance its capacity to deliver on…
Julius Berger to commission cashew processing plant in September
Julius Berger Nigeria Plc has announced that the official launch ceremony of its cashew processing plant would be held on September 10, 2022. This is contained in a disclosure signed by C. E. Madueke, the…
Official exchange rate closes at N430/$1 as FX supply surges by 190% to $134.30 million
The exchange rate between the naira and the US dollar closed at N430/$1 at the Investors and Exporters (I&E) window, where forex is traded officially. Naira depreciated by 0.09% on…
Apple iPhone 14 to hit global tech market
Apple Inc is set to unveil iPhone 14 at a yet-to-be announced date with mind blowing features. Some of the new features in the iPhone 14 model range is likely to have the most recent chipset, which would…
Travelers Groan As Economy Class On Int’l Flight Hits N1m
The paucity of forex and the inability of international airlines to repatriate their trapped funds may have taken a heavy toll on the traveling public as six hours return flight ticket to Europe…
DISCOs: BPE, CBN give banks 6 month deadline to quit
The Bureau of Public Enterprises, BPE, and the Central Bank of Nigeria, CBN, has handed down a 6- month deadline to banks which recently took over the shares of core investors in some Electricity…
What to know about the contentious $418m Paris Club consultancy fee
Nigeria’s 36 governors under the auspices of…
Old English Supermarket Opens New Outlet In Surulere
With four branches already booming and servicing its teeming…
Saudi Aramco posts $87bn profit in six months on high oil prices
Saudi Arabian Oil Company (Aramco) says its…
NNPC Ltd, Partners Resolve $9bn Dispute, Sign Pacts For 6 Oil Fields
The Nigerian National Petroleum Company (NNPC) Ltd and its partners on Friday cleared lingering disputes that attracted $9 billion contingency liability as they signed new oil production pacts for…
Nigeria’s gas flares lowest since 2012 as use increases
Nigeria’s gas flares fell the most since 2012 due to…
I declined Tesla’s offer to get raw materials from Nigeria – Minister
Speaking at a summit titled, “Leveraging Future Minerals for Sustainable Development”, Adegbite said a Tesla representative approached him at a summit in Saudi Arabia and showed interest in getting…
Nigerians trade N497bn Bitcoin amid CBN ban
Nigerians traded N497.35bn ($1.16bn) worth of Bitcoin from the beginning of 2021 to June 2022, indicating an increasing prominence of the digital currency in the nation. This is despite the Central…
Nigeria tops world’s countries in obsession with cryptocurrency
A research by a crypto price tracker CoinGecko, has revealed that Nigeria is ranked number one among countries curious about cryptocurrency since April this year. The examination was…
Disney beats Netflix in subscribers, announces price increases
Disney has announced plans to raise the cost to stream shows on Disney+, Hulu and ESPN+ by the end of the year, as the company beat Netflix in total number of subscribers for the first time ever.…
Flutterwave raises staff size by 200, names new Chief People and Culture Officer
Flutterwave, Africa’s leading payments technology company, has completed the recruitment process for its inaugural Graduate Trainee Program, hiring 200 trainees, and growing its employee base by 38 per…
H1’22: More pension funds moving into FG Securities, up 6.2% to N9trn
Pension funds managers are ramping up their investments in government securities as their portfolio went up 6.2 per cent to N9.008 trillion in the first half of 2022, H1’22, from N8.475 trillion in the…
Buhari has reversed approval of Seplat Energy, Mobil Producing Oil deal – Presidency
President Muhammadu Buhari has reversed his authorisation of the…