Wednesday, November 20, 2024

Latest Stories

Nigeria ranks 7th globally for international students in U.S.

Nigerian student enrollment at U.S. colleges and universities rose...

Russian fertilizer giant sees 41% rise in exports to Africa

Russian fertilizer producer PhosAgro has reported a 41% increase...

Tinubu seeks National Assembly approval for new N1.77 trillion loan

President Bola Tinubu has requested approval from the National...

Report: NNPC CEO Mele Kyari likely to go before 2025

The Group CEO of the Nigerian National Petroleum Company...

Africa losing 5% of GDP annually to climate-related disruptions – UN

African economies lose up to 5% of Gross Domestic...

Nigeria plans to borrow $2.2 billion as government debt rises

The Nigerian government has approved a fresh external borrowing...

Nigeria’s budget for 2025 is its biggest yet. Here are the key points

The federal government has announced its proposed budget for...

Millions going hungry as Borno floods worsen economic hardship

By Ope Adetayo Unrelenting price rises and a brutal insurgency...

Why cost-of-living crisis is acute in Sub-Saharan Africa – IMF

The International Monetary Fund (IMF) has given reasons it...

Most Read

Nigeria ranks 7th globally for international students in U.S.

Nigerian student enrollment at U.S. colleges and universities rose...

Russian fertilizer giant sees 41% rise in exports to Africa

Russian fertilizer producer PhosAgro has reported a 41% increase...

Tinubu seeks National Assembly approval for new N1.77 trillion loan

President Bola Tinubu has requested approval from the National...

Report: NNPC CEO Mele Kyari likely to go before 2025

The Group CEO of the Nigerian National Petroleum Company...

Extreme weather cost global economy $2 trillion in past decade

Extreme weather events linked to climate change have cost...

Why cost-of-living crisis is acute in Sub-Saharan Africa – IMF

The International Monetary Fund (IMF) has given reasons it...

Millions going hungry as Borno floods worsen economic hardship

By Ope Adetayo Unrelenting price rises and a brutal insurgency...

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Companies and Markets

Nigerian govt rejects Shell’s $1.3 billion asset sale to Renaissance

Nigeria’s oil regulator has rejected Shell’s proposed $1.3 billion sale of its onshore oilfields...

BUA Foods Plc to boost pasta production capacity by 400,000mtpa

BUA Foods Plc has announced a significant expansion of its pasta production capacity. The company...

Coca-Cola plans $1 billion investment to support Nigeria operations

Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five...

Fidson teams up with Chinese firms to set up pharma plant in Nigeria

Press Release Fidson Healthcare Plc, a leading Nigerian pharmaceutical company, signed a Strategic Cooperation Memorandum...

Firms in Nigeria tell CBN insecurity their biggest headache

A survey conducted by the Central Bank of Nigeria (CBN) has revealed that insecurity...

BUA Foods expands wheat flour milling capacity with four new plants

BUA Foods Plc, a top food manufacturing company in Nigeria, has announced a significant...

Digital ad company Taboola secures Apple deal

Taboola.com, a digital advertising company, has struck a deal with tech giant Apple to...

Samsung expects 1400% growth in profit as AI booms

Samsung Electronics anticipates a 1400% increase in profits for the second quarter of 2024,...

Sponsored

ViaDerma announces shipment of 500,000 units of flagship product to Nigeria

ViaDerma, Inc., a leader in innovative wound care solutions, has announced that a shipment...

TotalEnergies launches Ubeta gas development to supply Nigeria LNG

TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40% interest, together...

Eko Health raises $41 million to scale AI-driven heart, lung disease detection

Eko Health, a pioneer in applying artificial intelligence for early detection of heart and...

FCMB declares final dividend of N0.50 per share

First City Monument Bank (FCMB) announced a final dividend of 50 kobo for each...

Seplat Energy appoints Udo Udoma board chairman

Nigerian energy firm, Seplat Energy, has appointed former budget minister Udo Udoma as board...
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Economy

Tinubu seeks National Assembly approval for new N1.77 trillion loan

President Bola Tinubu has requested approval from the National Assembly to borrow N1.767 trillion to help fund Nigeria’s 2024 budget. If approved, the...

Politics

Rivers: Fubara suffers setback in Wike showdown as Appeal Court voids budget

In an apparent blow to Rivers State Governor Siminalayi Fubara, the Court of Appeal in Abuja has upheld an earlier court ruling...

Small Business

No Withholding Tax for small businesses, Nigerian govt says

The Nigerian government announced Tuesday that small businesses and farmers will be exempt from Withholding Tax (WHT) under a newly approved reform...

Health

Pluboard Interview: Nigerian-American helping many pass top U.S. nursing exams aims for more

As a young nurse, Chioma Okeke started a blog in 2012 with a simple goal: to share her experiences as a nurse....
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Consumer

“Petrol production now N600 per litre”: Retailers group criticizes Dangote Refinery pricing

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns over the Dangote Refinery's pricing strategy for petrol, arguing...

Technology

Nigerian govt: We’re set to enroll 90,000 in third cohort of 3MTT tech skill programme

The federal government says it has selected an additional 90,000 Nigerians for the third cohort of its 3 Million Technical Talent (3MTT)...

Food

Millions going hungry as Borno floods worsen economic hardship

By Ope Adetayo Unrelenting price rises and a brutal insurgency had already made it hard for Nigerians in northeastern Borno State to feed...

Climate Change

Africa losing 5% of GDP annually to climate-related disruptions – UN

African economies lose up to 5% of Gross Domestic Product on average annually because of climate-related disruptions, the United Nations Economic Commission...