NEXIM Bank travel expenses surge 4,500% to N3.9bn in 2024
The Nigerian Export-Import Bank (NEXIM) spent a staggering N3.9 billion on staff travel in 2024, representing an increase of over...
Scammers using AI to fake celebrity endorsements – SEC Warns
The Securities and Exchange Commission (SEC) has raised alarm over the rising wave of Artificial Intelligence (AI)-driven scams.
NCAA considers China’s COMAC C919 aircraft for domestic airlines
Nigeria’s civil aviation regulator is considering certifying China’s C919 aircraft for use by domestic carriers.
Fitch upgrades Nigeria’s rating to Stable, cites confidence in Tinubu’s policy reforms
Fitch Ratings has upgraded Nigeria’s outlook to Stable from Negative, highlighting renewed confidence in the Tinubu administration’s commitment to far-reaching...
China’s currency hits 16-month low ahead of Trump’s inauguration
The Chinese Yuan weakened to a 16-month low on Wednesday, just ahead of the inauguration of US President-elect Donald Trump....
OPEC appoints Nigeria’s Adeyemi-Bero as Board of Governors’ Chairman
The Organization of the Petroleum Exporting Countries (OPEC) has appointed Nigerian Mr Ademola Adeyemi-Bero as Chairman of the Board of...
BOI disburses N22.89 billion to 29 manufacturers
The Bank of Industry (BOI) said it has disbursed N22.89 billion to 29 manufacturers as the manufacturing industry struggles with...
Samsung unveils the new Galaxy A06 – Galaxy wey sabi
Samsung Electronics has officially unveiled the latest addition to the popular Galaxy A series smartphones - the Samsung Galaxy A06.
Shell appoints Ronald Adams as Managing Director for SNEPCo
Shell Plc has appointed Mr. Ronald Adams as the new Managing Director of its deep-water subsidiary in Nigeria, Shell Nigeria...
Femi Otedola increases stake in FBN Holdings with purchase of 534 Million additional Shares
Billionaire investor and Chairman of FBN Holdings, Femi Otedola, has further consolidated his position as the largest shareholder in the...
