The federal government says its partnership with Google is set to transform Nigeria into a global technology hub. Inuwa Kashifu, the director-general of the National […]
Category: Economy
Tony Elumelu Foundation partners UAE entities to empower African entrepreneurs
The Tony Elumelu Foundation has signed a $6m partnership agreement with the United Arab Emirates Office of Development Affairs and Khalifa Bin Zayed Al Nahyan […]
FG takes over Keystone Bank
The federal government has taken over Keystone Bank following a ruling by the Lagos State Special Offences Court. The troubled bank announced the takeover in a […]
Zenith Bank lists 9.67bn shares as equity market gains N477bn
Zenith Bank Plc has listed an additional 9.67bn ordinary shares on the Nigerian Exchange Limited, following the successful completion of its hybrid offer, which comprised […]
Dangote refinery eyes full production capacity, quiet on crude source
The Dangote Petroleum Refinery says it has raised daily production to 85 per cent of its 650,000 barrels per day capacity, hoping to hit full […]
AI can replace 70% of tasks in computer-based jobs: Report
According to a new study, AI could transform or replace as much as 70 per cent of tasks in computer-based jobs. Experts from the Institute […]
Tinubu’s Inflation: NPA reviews tariffs upward by 15%
The Nigerian Ports Authority says it is reviewing its charges upward by 15 per cent, citing a need for competitiveness and infrastructural upgrades. NPA’s managing […]
FG finds fresh $580m W’Bank loans
The Federal Government is engaging the World Bank for two fresh loans totalling $580m, which are expected to be approved in March 2025, according to […]
622m to face extreme poverty by 2030 – World Bank
A new World Bank report has revealed a sobering outlook for poverty eradication, projecting that 622 million people will still live in extreme poverty by […]
Tinubu’s Inflation: Naira depreciates by 1.4% amid CBN’s extension of FX sales deadline
The naira depreciated on Monday’s official market, trading N1,495.60 to a dollar. Data from the FMDQ Security Exchange official forex trading platform revealed that the […]