Business

The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate surged to 34.60% in November 2024, reflecting a 0.72 percentage-point increase compared to 33.88% in October 2024. This…

A growing number of civil servants across Nigeria have begun to skip work as escalating transportation costs continue to outpace the new minimum wage, sparking concerns about the impact on…

The Dangote Refinery, a 650,000 barrels-per-day (bpd) facility in Lagos, Nigeria, has been described as a “world miracle” by Masahiro Tsuno, Managing Director of Limited, during a recent visit by…

The Nigerian Extractive Industries Transparency Initiative (NEITI) has given its official endorsement to the 2024 Tax Reform Bill, hailing it as a game-changer that will modernize and streamline Nigeria’s tax…

The cryptocurrency space is buzzing with excitement, and meme coins are no longer just a joke they’re quickly becoming serious investments. As the market evolves, presales are gaining massive attention,…

Vitafoam Nigeria PLC has announced a proposed dividend of N1.05 per share, totaling N1.375 billion. The dividend awaits approval at the company’s 63rd Annual General Meeting, scheduled for March 6,…

The Nigerian National Assembly has strengthened the Securities and Exchange Commission (SEC) by granting it expanded regulatory powers under the newly enacted Investment and Securities Bill (2024). This landmark legislation…

Nestlé, the world’s largest packaged food company, has once again proven its resilience by surpassing sales forecasts, delivering stronger-than-expected revenue growth in 2024. However, while the Swiss multinational has managed…

In a significant move aimed at bolstering security in Lagos State, United Bank for Africa (UBA) has donated a generous sum of N500 million to the Lagos State Security Trust…

In a defining move that signals its evolution and strategic foresight, FBN Holdings Plc has officially rebranded as First HoldCo Plc (FirstHoldCo). This landmark transition, announced by the company’s Secretary,…