Local Refining May Crash Petrol Price to N300/Litre

On Sunday, June 9, 2024, operators of modular refineries stated the likelihood of the petrol price falling to about N300/Litre upon the start of...

RENEWABLE ENERGY SOURCES SET TO ATTRACT $2TN INVESTMENT

In the energy investment projected for 2024, renewable energy sources will be given maximum priority over non-renewable energy sources. The International Energy Agency revealed...

Shareholders to Probe Heritage Bank’s MD and EDs

Members of the minority shareholders community have called for a probe of the directors and management of the failed Heritage Bank. The call resulted...

STERLING FINANCIAL HOLDCO TO RAISE N200B

According to a notice released by Sterling Financial Holdings Company Plc signed by Temitayo Adegoke, the Secretary of the Company, the board plans...

Jumia Nigeria Launches Integrated Warehouse To Boost Efficiency

The largest online shopping website in Nigeria, Jumia Nigeria, has announced the launch of a new warehouse to improve its services. The new warehouse...

Nigeria Banks Generated N438bn from Digital Transactions in 2023

In 2023, ten Nigerian Banks recorded a profit worth N438bn from their digital banking channels. The annual report showed a 37.54 per cent increase...

Indrive Beats Bolt to the most Preferred App for Nigerian e-Hailing Drivers

Indrive, one of the fastest-growing e-hailing apps in the world, beatsBoltt to be the most preferred App for Nigerian e-hailing drivers. This was revealed...

SOUTH AFRICA GETS $70 MILLION FROM MICROSOFT FOR AI

South Africa's Department of Trade, Industry, and Competition (DTIC) acquired R 1.3 billion ($70 million) through a 10-year financial agreement deal with Microsoft South...

eMedia GAINS PROFITS AMIDST TV ADS MARKET DECLINE

eMedia, the biggest multimedia investment in South Africa, owns eTV and eNCA. It gained R315 million ($17 million) in profit after tax payments despite...

Latest articles