Business

China-Nigeria Pact To Unlock $1 Billion Investment In Sugar Value Chain

Business admin - April 17, 2025

Deborah Akinyosoye The National Sugar Development Council (NSDC) has signed a memorandum of understanding (MoU) with SINOMACH, a Chinese conglomerate, for the development of a...

Naira Down To N1,620/$ In Parallel Market

Business admin - April 17, 2025

Deborah Akinyosoye The naira yesterday depreciated to N1, 620 per dollar in the parallel market from N1,618 per dollar on Tuesday. But, the Naira appreciated...

Inflation Resumes Upward Trend, Rises To 24.23% In March

Business admin - April 16, 2025

Deborah Akinyosoye After a brief retreat, Nigeria’s headline inflation seems to have resumed upward, rising by 1.05 per cent to...

FG’s Revenue Up By N65.42b As FAAC Shares N1.578tr In March

Business admin - April 16, 2025

Deborah Akinyosoye Federation gross statutory revenue rose by N65.422 billion to N1.718 trillion in March 2025 from N1.653 trillion received...

Nigeria’s External Debt Servicing May Hit $5.2bn – Fitch

Business admin - April 15, 2025

Deborah Akinyosoye Nigeria’s external debt service is projected to rise to $5.2bn this year, highlighting growing pressure on public finances...

Wema Bank Announces The 6th Edition of Hackaholics, Theme “Beyond Algorithms: Engineering Disruptive Innovation ”

Business admin - March 11, 2025

…Introduces Accelerator Program for Startups.Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT,...

African Energy Security: Global Funding Needed – Heritage Energy

Business admin - February 26, 2025

By Awhawha Awhawha General Manager of Government, Joint Venture, and External Relations at Heritage Energy Operational Services Limited (HEOSL), Operator...

Netflix Breaks Silence On ‘Plans To Exit Nigeria’

Business admin - December 7, 2024

Olayiwola Matthew Global streaming platform, Netflix has denied making plans to exit Nigeria over alleged poor return on investment (ROI). Recall...

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