As Africa continues its journey towards substantial GDP growth in 2024, fueled by its abundant resources and dynamic economies, certain read more Top 10 Africa countries poised to drive GDP growth in 2024

Tesla has said it will lay off 10 percent of its global workforce due to the fall in demand for read more Tesla to sack 10% of workforce as EV demand falls

By Ladi Patrick-Okwoli George Akume, the Secretary to the Government of the Federation, says Nigeria’s revised Nationally Determined Contribution (NDC) read more Nigeria needs $177m investment to meet Paris Accord commitment — SGF

The Economic and Financial Crimes Commission (EFCC) has filed a three charges against Pascal Okechukwu popularly known as Cubana Chief read more Like Bobrisky, EFCC to arraign Cubana Chief Priest for naira abuse Wednesday

The federal government has called on oil and gas operators to create ingenious ways of raising capital to expand their read more FG calls on Oil & Gas operators to leverage capital market for funding

Key Performance Highlights: In line with other Nigeria-based banks, Zenith Bank also exhibited solid FY23 performance, with the gross earnings jumping 125.4% YoY to N2,131.7 billion and the net profit almost tripling to N676.9 billion. The growth in gross earnings was primarily marked by a 111.9% YoY growth in interest income, further supported by a [...] The post Zenith Bank Delivers A Strong FY23 Performance first appeared on Business Today NG.

The Economic and Financial Crimes Commission (EFCC) has filed a three-count charge against popular Instagram celebrity Pascal Okechukwu also known as Cubana Chief Priest for allegedly spraying and tampering with the naira at a social event contrary to the provisions of the Central Bank Act of 2007. Cubana Chief Priest will be arraigned on Wednesday, [...] The post EFCC To Arraign Cubana Chief Priest On Wednesday For Abuse Of Naira first appeared on Business Today NG.

The Nigerian Civil Aviation Authority (NCAA) has suspended the permit of three private jet operators for engaging in commercial flights.  The Acting Director General of the NCAA, Chris Najomo, announced the suspension of the three private operators in a riot act read to all airlines on Tuesday. The NCAA boss said the Minister Aviation and Aerospace [...] The post NCAA Suspends Three Jet Operators Over Commercial Flights  first appeared on Business Today NG.

…as MTNN, GTCO, FBNH, others cause over N1trn loss The Nigerian Exchange Limited (NGX) All-Share Index (ASI) on Tuesday posted read more Market posts biggest single-day loss in April

Financial Institutions Training Centre (FITC) is set to host its fourth edition of the Employee Engagement and Organisational Sustainability Conference read more FITC to host confab on organisational sustainability

Leading financial institution, Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in Profit Before Tax to N 124,26 billion. According to the results, which was issued to the Nigerian Exchange (NGX) today, the bank grew Gross Earnings by 64.9% YoY to N555.83 billion, driven by 81.6% growth [...] The post Fidelity Bank Grows Profit By 112.9% To N99.45b In 2023 first appeared on Business Today NG.

As Shiba Inu’s burn rate escalates by an astonishing 50,000%, marking a significant reduction in SHIB tokens, and Fantom Sonic read more BlockDAG ‘Goes To The Moon’ with Anticipated $5M Daily Inflow as Shiba Inu Burn Rate Rises & Fantom Sonic Launches

The All Progressives Congress (APC) has said that all 16 aspirants jostling to fly its flag in the Nov. 16 governorship election have been screened and cleared to contest in the party’s primary on April 20. Alhaji Sulaiman Arugungu, the party’s National Organising Secretary said this on Monday in Abuja while presenting Clearance Certificates to [...] The post APC: Gov Aiyedatiwa, Oke, Ibrahim, Akinterinwa,12 Other Aspirants Cleared For April 20 Ondo Governorship Primary first appeared on Business Today NG.

The Nigerian Government has appealed for restraint, urging Iran and Israel to prioritise peaceful conflict resolution for the greater good read more FG urges restraint in Israel-Iran hostilities

The OPEC+ oil producers group, is eyeing Namibia for possible membership as it sets up what could be Africa’s fourth-largest output by the next decade. An African industry official and sources told Reuters on Tuesday. TotalEnergies (TTEF.PA), opens new tab and Shell (SHEL.L), opens new tab in recent years have made discoveries estimated at 2.6 [...] The post OPEC Woos Namibia As African Nation Prepares To Produce From 2030 first appeared on Business Today NG.

A chieftain of the APC in Ondo State, Mr Femi Adekanmbi, says destiny has placed Gov. Lucky Aiyedatiwa as a governorship aspirant over others jostling for the seat in the state. Adekanmbi, in a statement on Tuesday in Akure, said the governor was ordained to lead the state, especially at this crucial time. The chieftain [...] The post Ondo 2024: APC Chieftain Says Destiny Has Placed Aiyedatiwa Over Other Aspirants first appeared on Business Today NG.

… as Tinubu unveils national single window project The Federal Government hopes to attract about $2.7bn annually from paperless port read more FG targets $2.7bn annual revenue from seamless port operations

The real estate sector in Nigeria is constantly evolving with developers employing new approach to housing development that encourages innovation read more Maisonamswar elevates architecture with new approach to housing for urban living

Africa’s biggest economy is spending N600 billion every month on petrol subsidies, Rainoil Limited CEO has said. Ogbechie made this read more FG spends N600bn monthly on petrol subsidy – Rainoil CEO

You can lose your bank’s USSD access after about a year of not using the phone number linked to your read more Unused bank-linked phone numbers at risk

The African Agri Council announces its event, Market Access Africa 2024, set to take place on 25 – 26 June, read more Market Access Africa 2024: Pioneering Agricultural Innovation and Global Market Integration

Insurance companies have seen rising fraud claims cases in recent past, worsening with increasing economic difficulties. According to insurance companies, read more How to reduce claims fraud in insurance

Ernst and Young Global Limited, a leading tax and advisory firm, has listed six strategies banks can deploy to meet read more Six strategies banks need to meet new capital rules – EY

The Pension Fund Operators Association of Nigeria (PenOp), the industry trade body recently released its inaugural performance report tittled: ‘Uniform read more Why PFAs are not to mark their own performance report card

The Pension Fund Operators Association of Nigeria (PenOp), the industry trade body recently released its inaugural performance report tittled: ‘Uniform read more Why PFAs are not to mark their own performance report card

The International Monetary Fund (IMF) on Tuesday, raised Nigeria’s Gross Domestic Product (GDP) from 2.9 percent in 2023 to 3.3 read more IMF raises Nigeria’s growth forecast to 3.3% on oil, improved agric output, security

Tightening measures deployed by the Central Bank of Nigeria among other regimes will likely tame inflationary pressures to 26 percent read more IMF sees Nigeria’s inflation ease to 26% on CBN’s tightening measures

The Advertising Standards Panel (ASP), a statutory organ of the Advertising Regulatory Council of Nigeria (ARCON), will hold a crucial read more Stakeholders to discuss responsible advertising at ASP forum

The Nigeria Civil Aviation Authority (NCAA) has suspended three private jet operators for using their aircraft for commercial operations. The read more NCAA suspends 3 private jet operators over commercial flights

Nuhu Ribadu, the national security adviser, says over 1,000 victims have been freed from kidnappers’ dens since the inception of read more Over 1,000 kidnapped victims freed by Tinubu’s administration without noise — Ribadu

Peter Obi, the presidential candidate of the Labour Party (LP) in the 2023 general election, on Tuesday, berated the National read more N15bn budget allocation for National Assembly hospital insensitive— Obi

The distribution of wealth in Africa has long fascinated analysts, especially amid the continent’s recent economic growth. This expansion has read more Top 10 African countries with highest number of millionaires in 2024

Governor Bassey Otu of Cross River has called on traditional and opinion leaders of Yala Local Government Area in the read more Otu advocates healthier communal ties in Cross River

By Nnaemeka Vincent Emodi and Ogheneruona Diemuodeke Nigeria’s national electricity grid has collapsed more than 200 times in the last read more Why Nigeria’s electricity grid collapses and how to shore it up

Nigerian professors, Olutayo Adesina and Abubakar Sani, were awarded £1.7 million in research grants by the British Academy in the read more Meet the Nigerian professors awarded £1.7 million in grants by British Academy

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