Nigeria’s foreign exchange (FX) inflows rose 24% in July to $3.8 billion, up from $3.1 billion…
Category: Business
UK Investors Drive Nigeria’s Q1 2025 Capital Inflows With N5.5 Trillion
The United Kingdom has emerged as the dominant source of foreign capital flowing into Nigeria in…
FAAC Shares N2.001 Trillion July Revenue Among FG, States, and LGAs
The Federation Account Allocation Committee (FAAC) has disbursed a total of N2.001 trillion from the July…
Elon Musk and X Reach Settlement With Former Twitter Employees Over $500 Million Severance Lawsuit
Billionaire Elon Musk and his social media company X, formerly known as Twitter, have reached a…
Nigeria’s External Reserves Hit $41 Billion for First Time Since 2021
Nigeria’s external reserves have climbed to $41.0 billion, marking their highest level in nearly four years,…
TINUBU’S REFORM AGENDA YIELDS RESULTS AS $20M PEPSICO-DP WORLD FACILITY LAUNCHED IN LAGOS
The Federal Government has reaffirmed its commitment to private sector–driven growth as PepsiCo and DP World…
Femi Otedola’s Memoir Debuts as Amazon Bestseller
Barely a day after its release, Femi Otedola’s new book, Making It Big: Lessons from a…
Adewale Tinubu Joins Global Business Leaders at TICAD 2025
At the 2025 Tokyo International Conference on African Development (TICAD), Group Chief Executive, Adewale Tinubu, joined…
Dangote Refinery Cuts Diesel Price to ₦960 Per Litre
The Dangote Petroleum Refinery has announced a fresh reduction in the depot price of diesel, bringing…
5% excise duty on telecommunications removed by President Tinubu in new tax laws – NCC EVC
The Executive Vice-Chairman of the Nigerian Communications Commission, Dr Aminu Maida, has confirmed that President Bola…