business news
- Business News
Chairman Access Holdings Plc, Osunkoya, is dead
The Board of Directors of Access Holdings Plc has announced the death of its Chairman, Bababode Osunkoya. This disclosure is…
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Soludo insists Tinubu’s administration inherited dead economy, accuses CBN of illegality
The Governor of Anambra State, Professor Charles Soludo, has once again reiterated that President Bola Tinubu’s administration inherited a dead…
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Naira’s rapid depreciation continues as NAFEM closing rate hits N956.33/$
The naira fell to a new low on Thursday, closing at N956.33 per dollar in the official market and N1165…
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Nigeria’s Eurobonds gradually rise again with decreasing yield rates
The bullish run of Nigeria’s Eurobonds has continued in the international debt market as the bonds continue to experience declining…
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Ogun Govt. to build CNG bus stations in Ibafo, Mowe, others
The Ogun State Government has revealed its plans to commence the construction of bus stations for the take-off of the…
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WHO probes China on mysterious respiratory illness surge in children
The World Health Organisation has probed China for detailed information on an increase in respiratory illnesses and reported clusters of…
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President Tinubu approves appointment of Desmond Akawor as RMAFC Federal Commissioner
President Bola Tinubu has approved the appointment of Ambassador Desmond Akawor as a Federal Commissioner of the Revenue Mobilization, Allocation…
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NGX rebounds by 0.07% in quiet trading day
The NGX All-Share Index appreciated by 0.07% to close today at 71,052.85 points. Equities gained 27 billion as the market…
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UK-Nigeria tech hub opens applications for accelerator program in 6 Nigerian states
The UK-Nigeria Tech Hub, an initiative by the UK Government’s Department for Digital, Culture, Media, and Sports (DCMS), has opened…
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BREAKING: Kogi State Governor, Yahaya Bello, freezes all state, local government accounts
The Kogi State Governor, Yahaya Bello, has ordered an immediate freezing of all the accounts of the state and local…
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REA launches center to monitor mini-grids in Nigeria
The Rural Electrification Agency (REA) has launched a control room centre to monitor mini-grids in Nigeria. This is according to…
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Gas-Powered Economy: Unleashing Nigeria’s Industrial Potential
In the quest for economic development and sustainable industrial growth, Nigeria stands at a crossroad, facing numerous challenges and opportunities.…
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Ethereum: A Strategic Investment for Savvy Investors
Since its official launch in 2015, Ethereum has evolved into the world’s second-largest cryptocurrency, presenting a compelling investment opportunity for…
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Defense HQ says it recovered over 500k litres of stolen crude oil in one week
The Defense headquarters has said that it recovered over 500,000 litres of stolen crude oil in one week. The…
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15 small business owners in Nigeria get N75 million from Google’s Hustle Academy
Google’s Hustle Academy has awarded a combined N75 million to 15 small and medium-sized businesses (SMBs) in Nigeria. The SMBs…
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Bitcoin’s path to $40K in play despite the departure of Crypto’s most powerful man
The flagship crypto asset breached the $37.6K price level despite the departure of another significant crypto figure and setting it…
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PZ Cussons says it has started cash repatriation to its holding company
Soap maker PZ Cussons says it has started to repatriate cash back to her holding company in the United Kingdom…
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Nigeria, Ghana, other African nations led the UN vote to assert a greater role in tax governance
Nigeria, Ghana, South Africa, and other countries at the UN have voted to take a greater role in international tax…
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Breaking: Nigeria’s GDP growth fails to meet 2022 momentum, grows at 2.51% for Q2, 2023- NBS
In the second quarter of 2023, Nigeria’s GDP growth rate stood at 2.51%. This represents a decline from the Q2 2022 figure of…
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Spotify to generate extra $1 billion revenue for musicians by 2028
In the next 5 years, streaming giant, Spotify has announced plans to drive an additional $1 billion in revenue for…
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