Nigeria Automating Processes To Create More Efficient Business Environment, Says PEBEC DG Zahrah Audu
PEBEC boss Zahrah Audu has emphasised automation in government agencies to enhance efficiency and service delivery across all sectors.
NBS: Nigeria’s GDP Growth Hits 3.4% in 2024, Fastest Pace in Three Years
NBS data reveals that Nigeria’s GDP expanded by 3.4% in 2024, marking its fastest growth in three years
Air Peace Denies Reports of CEO Being Stranded at Ekiti Airport
Air Peace has denied reports that CEO Allen Onyema was stranded at Ekiti airport, calling the claims false and misleading
FCCPC Summons MultiChoice Nigeria Over Proposed Subscription Price Hike
FCCPC has summoned MultiChoice Nigeria over its proposed subscription price increase, citing concerns over market dominance and anti-competitive practices.
Saudi Arabia’s SALIC To Acquire 44.58% Stake in Olam Agri for $1.78bn
A Saudi Arabian Agricultural company is set to acquire 44.58 per cent stake in Olam Agri, bringing its controlling stake to 80.01%
Nigeria, Kazakhstan to Sign MOU in Agriculture, Trade, IT Collaboration
Kazakhstan’s Deputy Foreign Minister has led a 30-member delegation to Nigeria to foster partnerships in agriculture, trade and information technologies.
Musk’s Starlink Competes With Chinese Rivals for Satellite Internet Dominance
The satellite internet sector heats up as Starlink faces increasing competition from Chinese companies aiming for market control.
Dangote: Our Refinery Can Meet Nigeria’s Petrol Demand, We Have over N600bn Petrol in Stock
Aliko Dangote has said his refinery is a legacy project aimed at transforming Nigeria and Africa’s industrial landscape.
Tinubu Assures Fintech Firms of Support, Says Nigeria Open for Business
Tinubu has affirmed Nigeria’s commitment to fostering Fintech growth, assuring a business-friendly environment for payment infrastructure.
Naira Appreciates to N1,490/$ in Parallel Market Amid FX Stability
The naira has appreciated for 21 consecutive days, strengthening to N1,490/$ in the parallel market and N1,502/$ officially.
UK Regulator Fines Four Major Banks £104.5 Million For Sharing Sensitive UK Bond Information
The UK Competition and Markets Authority has fined four major banks £104.5M for sharing sensitive UK bond information.
PepsiCo Overhauls DEI Strategy As Corporate Shifts Accelerate
PepsiCo is revamping its DEI strategy, eliminating workforce representation goals and shifting focus to leadership development and inclusion.
Lokpobiri: Nigeria’s Oil Output Has Hit 1.8m bpd, Will Easily Meet 2.06m bpd Budget Benchmark
Nigeria’s oil output rose to 1.8m bpd in January, with stakeholders confident in achieving the 2.06m bpd budget benchmark.
CBN Retains Interest Rate At 27.5% As Inflation Drops After Rebasing
CBN has retained MPR at 27.5% as inflation dropped after rebasing, citing exchange rate stability, food price moderation amid economic improvements.
Mercedes-Benz Doubles Down On Petrol Cars, Cost Cuts Amid Profit Slump
Mercedes-Benz has shifted focus to petrol cars and cost-cutting, bracing for earnings decline amid EV struggles and global market challenges.
Alibaba To Ramp Up AI, Cloud Investments After Beating Q3 Revenue Estimates
Alibaba has planned to invest heavily in AI and cloud computing, surpassing past decade’s spending over the next three years.
Nigerian Government Moves to Prevent Tanker Disasters, Bans 60,000-Litre Trucks from March 2025
The federal government has banned 60,000-litre fuel tankers from Nigerian roads starting March 1, 2025, to curb frequent accidents.
Microsoft To Invest $1 Million To Train One Million Nigerians in AI Innovation
Microsoft has pledged $1 million to equip one million Nigerians with artificial intelligence skills and innovation training.
Binance Faces UK Restrictions Amid Global Regulatory Scrutiny
The UK’s Financial Conduct Authority (FCA) has warned Binance, prohibiting it from conducting any regulated activities within the country.
Kyari Calls for Innovation in Mining, Energy, and Water Sectors For Economic Growth
NNPC CEO Kyari has urged NMGS members to adopt new technologies for optimising Nigeria’s natural resources and boosting revenue generation.
