Nigeria has lost over $25.7 billion to crude oil theft between 1999 and 2022, according to a new report that shocked the energy industry. This staggering loss spans 23 years,…
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Business
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…
Business
Discover Top 4 Meme Coin Presales to Buy This Week – BTFD Coin, Bittensor (TAO), Arbitrum (ARB), and Gala in Focus
by Joshua Ezim
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,…
Oil marketers in Nigeria are raising alarm over the frequent fluctuations in fuel prices, warning that the instability is pushing many businesses toward collapse. The ongoing price war between Dangote…
Business
Stable Exchange Rate and Fiscal Transparency Boost Nigeria’s Global Investment Appeal – Wale Edun
by David Todi
Nigeria is positioning itself as a leading destination for global investments, leveraging a stable exchange rate and improved fiscal transparency to attract investors. Minister of Finance and Coordinating Minister for…
Business
NEITI Endorses 2024 Tax Reform Bill, Predicts Major Transformation for Nigeria’s Tax System
by David Todi
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…
Business
Tinubu Breaks South African Firm’s 12-Year Grip on Nigeria’s N3 Trillion Airtime Credit Market, Licenses Nine Local Fintechs
by admin
President Tinubu directive to the FCCPC is set to end Optasia’s monopoly and open a massive digital lending market to Nigerian-owned companies for the first time. DATE: June 7, 2026…
By Providence Ayanfeoluwa Nigeria’s Niger Delta region could generate $320 million annually through innovative carbon credit initiatives, leveraging its vegetation and untapped environmental potential. This was revealed by Capt. Warredi…
Business
Naira Appreciates to N1,660/$ in Parallel Market, Weakens to N1,550/$ in Official Market
by admin
The Nigerian Naira experienced mixed movements on Monday, appreciating slightly in the parallel market to N1,660 per dollar while depreciating in the official market to N1,550 per dollar. The contrasting…
The Nigerian naira showed a glimmer of resilience on Wednesday, January 22, 2025, as it recorded modest gains against the US dollar in both the official and parallel markets. This…