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CBN REPORT REVEALS BUSINESS CONSTRAINTS AND FUTURE OUTLOOK

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The Central Bank of Nigeria (CBN) has identified insecurity, high interest rates, and multiple taxes as major constraints on businesses in August 2024. In its...
Business

NIGERIAN BREWERIES PLANS TO USE RIGHTS ISSUE PROCEEDS TO ELIMINATE FOREX EXPENSES

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Nigerian Breweries Plc has announced that it will use the proceeds from its ongoing N599.1 billion Rights Issue to eliminate foreign exchange-related expenses and...
Business

CBN PROJECTS EXTERNAL RESERVES GROWTH RISKS, BUT POSITIVE OUTPUT GROWTH EXPECTED FOR 2024/2025

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The Central Bank of Nigeria (CBN) has highlighted potential risks to the growth of external reserves for 2024/2025 due to factors such as fuel...
Business

STERLING BANK MIGRATES TO AFRICA’S FIRST INDIGENOUS CORE BANKING SOLUTION

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Sterling Bank Limited has transitioned to SeaBaaS, believed to be the first fully indigenous core banking solution in Africa. Developed by Peerless, SeaBaaS represents...
Business

OYANOW: LEADING PROVIDER OF CONVENIENCE, RELIABILITY, AND QUALITY OF SERVICE IN NIGERIA

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On the OyaNow platform, users can order from their favorite stores and have items delivered directly to their doorsteps, eliminating the need to deal...
Business

XIAOMI UNVEILS EXCITING NEW PRODUCTS

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On September 12, Xiaomi introduced several new products, continuing its tradition of innovation and user-focused design. Here's a closer look at their latest offerings: REDMI...
Business

NNPC Releases PMS Prices Amid Dangote Refinery Pricing Dispute

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The Nigerian National Petroleum Company Limited (NNPC Ltd.) has published the estimated prices of Premium Motor Spirit (PMS) sourced from the Dangote Refinery, which...
Business

GOVERNOR DOUYE DIRI URGES OANDO ENERGY TO ADDRESS LIABILITIES OF NAOC ACQUISITION

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Governor Douye Diri of Bayelsa has called on Oando Energy Resources Nigeria Limited to take responsibility for the liabilities associated with its recent acquisition...
Business

JOIN HILANN RIDE: A CALL FOR DRIVERS AND RIDERS IN ABUJA, LAGOS, PORT-HARCOURT, AND UMUAHIA

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Hilann Ride, the innovative ride-hailing service, is excited to announce an open call for drivers and riders to join our expanding community. This is...
Business

iPhone 16 vs Minimum Wage in Africa: A Comparative Analysis

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Apple has announced the new iPhone 16 series, including the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max, with...
Business

Top 5 Highest-Paying Jobs in Africa in 2023

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As African workers increasingly prioritize healthier work environments and better work-life balance over just higher salaries, certain professions stand out for their lucrative pay....
Business

NIGERIA STOCK EXCHANGE REBOUND

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On Thursday, the Nigerian Stock Exchange experienced a rebound, with the market gaining ₦178 billion due to strong performances from Tier-one banks and other...
Business

AFRICAN COUNTRIES WITH THE HIGHEST ELECTRIC VEHICLE ADOPTION

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Despite having the lowest global EV adoption rates, several African countries are making significant strides in electric vehicle (EV) adoption, thanks to collaborations between...
Business

WAYS TO GET A PHONE FOR A REDUCED PRICE

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Getting a new phone doesn’t have to be financially burdensome. With some strategic approaches and careful research, you can find a great deal that...
Business

MOST POPULAR TYPES OF LOTTERY GAMES IN INDONESIA

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Despite the rise of new lottery games, several classic types remain popular among players in Indonesia. Here’s a breakdown of the five main types...
Business

MOST POPULAR CASINOS IN INDONESIA

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Indonesia, known for its strict Islamic laws, has heavily regulated and restricted gambling. Despite these limitations, online casinos have flourished and gained popularity among...
Business

INDONESIANS LOVE TO PLAY THIS PARTICULAR GAME AT CASINOS

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Gambling has experienced a notable rise in popularity globally, and Indonesia is no exception. The COVID-19 pandemic has accelerated this trend, giving individuals more...
Business

CALL FOR APPLICATIONS: GUINNESS NIGERIA UNDERGRADUATE SCHOLARSHIP SCHEME

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Guinness Nigeria is excited to announce the opening of applications for its Undergraduate Scholarship Scheme. Purpose: This scholarship program aims to support academically exceptional students...
Business

FCMB WINS AWARDS FOR MSME LENDING AND SUSTAINABILITY

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First City Monument Bank (FCMB) has received two distinguished awards at the 2024 Development Bank of Nigeria (DBN) Annual Lecture Series and Awards in...
Business

NIGERIA’S MERCHANDISE TRADE HITS ₦31.9TRN IN Q2 2024, EXPORTS DOMINATE AT 60.89%

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Nigeria’s merchandise trade reached ₦31,892.46 billion in the second quarter of 2024, according to the National Bureau of Statistics (NBS). This marks a 3.76%...
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