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Apapa Port: How Lome, Tema, Abidjan are eating Nigeria’s lunch
Nigeria’s Apapa Port has lost its pride of place to ports in other neighbouring West African countries of Cote d’Ivoire, Ghana, Togo, and the Benin Republic, BusinessDay…
#EndSARS: Nigeria yet to pick up from ruins of protest
Businesses are yet to recover and public infrastructure are still ruined after they were razed during nationwide #ENDSARS protests against the unpopular and now disbanded Special…
Oil workers poised for showdown with Total Nigeria amidst corruption claims
An organisational restructuring recently carried out by Total Nigeria has led to allegations that the multinational oil company is trying to cover up bribery, abuse of office…
Tax evasion’: Tribunal okays Multichoice’s N8bn deposit, fixes date to hear appeal against FIRS
The tax appeal tribunal (TAT) has ruled that Multichoice Nigeria Limited met the conditions necessary to prosecute an appeal against the N1.8 trillion tax levied on it by the Federal…
Nigeria maintains position as Africa’s most valuable nation brand amid pandemic
Despite Covid-19 pandemic economic shocks, Nigeria has retained its position as Africa’s most valuable nation brand for the third consecutive time, according to the latest 2021 Nation…
NRC resumes cargo movement from Lagos to Kano, Kaduna dry ports
The Nigerian Railway Corporation (NRC) has resumed the movement of cargoes in containers from Lagos to Dala Inland Dry Port in Kano state and Kaduna Inland Dry Port. Ismail Yusuf,…
Payday: Nigerian Favour Ori Breaks Record In Rwanda
Payday, a Pan-African Fintech startup, founded by Nigerian entrepreneur, Favour Ori has become the first Rwandan company to join the prestigious Techstars Toronto Accelerator program.…
Bitcoin surges above $64,000 as first crypto-linked ETF lists on NYSE
The price of Bitcoin surged, near the all-time high after ProShares Bitcoin Strategy ETF, the first bitcoin-linked exchange-traded fund (ETF) listed on the New York Stock. On Tuesday,…
Squid Game worth almost $1 billion for Netflix
Netflix’s biggest series, Squid Game is estimated to be worth almost $US900 million ($A1.2 billion) for the streaming giant, Bloomberg News reports, citing figures…
Nigerians criticise CBN’s reliance on Dangote refinery to fix naira’s free fall
SCORES of Nigerians have criticised the Central Bank of Nigeria (CBN)’s reliance on Dangote’s refinery to address the depreciating naira. This is coming on the heels of a…
‘We did not invest in Imagine Global’ — PiggyVest debunks rumours of N2bn loss
PiggyVest, an online savings platform, has denied investing N2 billion in an alleged scam involving Imagine Global Solutions Limited, a micro-lending company. There have been rumours…
2021: Dangote emerges Most Valuable brand in Nigeria for the fourth time
…MTN, Most Popular Brand For the fourth time in a row, Dangote Group, a fully integrated Conglomerate and proudly Nigeria brand has again emerged as the most Valuable brand in Nigeria…
Bi-Courtney Bids For International Airports, Seeks Right Of First Refusal
The Bi-Courtney Aviation Services Limited (BASL) has expressed readiness to take over any of the four international airport terminals slated for concession by the Federal…
Rice: Thai Merchants Slam $300m Rates On Nigerian Importers
Following scarcity of containers, a total of N290 billion ($579.75 million) will be paid to shipping lines as freight rates by rice importers before the end of the year. The…
APPLY: How to obtain UK short-term visa for poultry workers, truck drivers
The United Kingdom (UK) has opened applications for the temporary visa scheme for poultry workers and heavy goods vehicle (HGV) drivers. Last month, the UK government had said…
FG will save 40% of forex earnings with Dangote Refinery – Emefiele
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says Nigeria will save 40 percent of its foreign exchange (FX) earnings when the Dangote Refinery and Petrochemical Plant…
Bitcoin hits $60,000, nears record high with growing ETF hopes
Bitcoin hit $60,000 for the first time in six months on Friday, nearing its record high, as traders grew confident that U.S. regulators would approve the launch of an exchange-traded…
Naira hits all-time low at official market, trades at N422/$1
The Nigerian naira has dropped by 2 percent to N422 per dollar, hitting an all-time low at the Nigerian autonomous foreign exchange (NAFEX) rate — the default FX reference for official…
Coys To Sue NPA Over Planned Award Of Pilotages To INTELS
The four companies shortlisted by the federal government to maintain boat operations in its four pilotages said they have taken legal action against the Nigeria Port Authority (NPA) for…
Flutterwave In Talks To Triple Valuation To $3 Billion
Flutterwave Inc., a Nigerian payments firm, is seeking fresh funding at a valuation of $3 billion or more, a figure that would roughly triple its last valuation, according to people with…
Apapa: Container transport cost down 60% on call-up system – TTP
The cost of moving containers from Apapa Port to warehouses in Lagos has drastically reduced by over 60 percent depending on the location of the importers’ warehouse, Trucks Transit…
Nigeria retained spot as third most attractive investment destination in Africa – Report
Nigeria has retained its spot as the third most attractive country in Africa for foreign investment in 2021. This is according to the Absa Africa Financial Markets Index…
Banks get deadline on dead customers’ BVN
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to report Bank Verification Number (BVN) of a dead customers to Nigeria Interbank…
REVEALED: In June 2021, FG quietly made new tax rules that could kill your business in six months
In 2016, three university students discussed the idea of a fintech. They built together and ran pilots in school, getting 500 students to use the product they were bringing to…