Tinubu’s Inflation: Apple announces new prices for app purchases, subscriptions in Nigeria
Apple Incorporated has announced a new set of prices for in-app purchases and subscriptions for its Nigerian customer base to reflect the raging inflation...
Adhere to requisite standards, SON tells Nigerian manufacturers, importers
The Standard Organisation of Nigeria (SON) has charged manufacturers and importers of goods to adhere to requisite standards because Nigerians are not substandard people.
Tersoo...
BUA Cement records 27.4% revenue growth of N460bn despite N70bn FX loss
BUA Cement released its audited financial statements for the full year 2023, revealing robust revenue growth of over 27 percent, totaling N460 billion. This...
5 movies that African business owners can learn valuable lessons from
The easiest form of sensitization is frequently through movies.
Since its inception, media has been used to disseminate propaganda. This was especially true for movies,...
Otedola offloads 2.8 million Geregu Power shares
The chairman of Geregu Power Plc, Femi Otedola, has sold 2.8 million units of his shares in the power generation company, where he is holding...
Crude Oil: Bonny Light surges in March — OPEC
Nigeria’s crude oil Bonny Light surged to $87.86 per barrel in March 2024 from $85.65 per barrel in the previous month, according to the...
Naira appreciation: Nigeria gets fresh $600m into FX reserves
Governor of the Central Bank of Nigeria, Olayemi Cardoso, says Nigeria received $600 into the country’s foreign reserves.
The development will see the Naira appreciate...
CBN To Grab Unclaimed Funds In Banks, Dormant Account Balances
Nigeria’s Central Bank (CBN) says it will mop up all dormant account balances and unclaimed balances in banks into a designated account it has...
Dangote Refinery will reduce fuel price in Nigeria — Aliko
The Chairman of Dangote Group, Aliko Dangote, has said his $20 billion 650,000 barrels per day Lagos-based refinery will crash the price of fuel...
FX Crisis: MTN reports N740 Billion Loss, Shareholder funds wiped Out
MTN Nigeria Plc has announced a significant loss before tax of N177.8 billion, a stark contrast to the pre-tax profit of N518.8 billion recorded...