Oil Marketers Warn Against Monopoly in Nigeria
Major petroleum marketers in Nigeria are raising concerns about market dominance and calling for transparent access to facilities to ensure fair competition in the downstream oil sector.
Category : Business
Nigeria Manufacturers Face 51% Forex Shortage Crisis
MAN reveals only 49% of manufacturers' forex needs are met, threatening production and economic growth despite positive 4% sector outlook for 2024.
IDL Warns Distributors Against Price-Cutting
International Distributions Limited cautions distributors against unauthorized price reductions, emphasizing commitment to fair pricing and rewarding compliance in Nigerian market.
Nigerian insurer grows premium to N15.3b amid challenges
Despite Nigeria's tough economic climate, a leading insurance company reports impressive 15% premium growth, reaching N15.3 billion while maintaining strong profitability metrics.
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$3.1 Trillion Climate Gap Hits Nigeria & Developing Nations
New UN report reveals staggering $3.1 trillion needed for climate adaptation in Nigeria and other developing countries, with current funding falling dangerously short of urgent needs.
United Nigeria Airlines strengthens agent ties for Accra route
United Nigeria Airlines reinforces commitment to travel agents with enhanced support and incentives as it prepares to launch new regional route connecting Nigeria to Ghana's capital.
UBA Empowers SMEs with Digital Marketing Revolution
United Bank for Africa launches groundbreaking digital marketing initiative to empower Nigerian SMEs with cutting-edge tools and expert training for business expansion.
FG Clarifies: No Nationwide Port Modernisation Project
The Federal Government debunks rumors of a nationwide port modernization initiative, clarifying the current status of Nigeria's maritime infrastructure development and future plans.
NSE and Defence HQ Launch Strategic Think Tank Initiative
Nigeria's capital market regulator partners with military leadership to establish strategic think tank aimed at enhancing national security and economic development through collaborative research.
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Samsung Profits Jump 32% in Q1 2024
Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.
Milei's Economic Shock Therapy: Tax & Labour Reforms
Argentina's President Javier Milei unveils sweeping economic reforms targeting taxes, labour laws, and pensions in bold bid to rescue nation from crisis.
Green Shipping: Africa's Economic & Environmental Future
Discover how sustainable maritime technology could revolutionize Africa's economy while combating climate change. Learn about green shipping opportunities for the continent.
Nigeria Introduces ₦15,000 Travel Levy for 2025
The Nigerian government has announced a mandatory ₦15,000 levy on all international travelers departing from Nigerian airports beginning January 1, 2025. Discover how this new policy will affect your travel plans and what exemptions apply.
FIRS Grants First E-Invoicing Licence to Nigerian Firm
A pioneering Nigerian company has secured the Federal Inland Revenue Service's first-ever accreditation as an electronic invoicing provider, marking a major leap in the country's tax digitalization journey.
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Gen Z's 'No Work Email After 7 PM' Reply Goes Viral
A bold email from a Gen Z employee refusing to answer work messages after 7 PM has taken social media by storm, sparking heated debates about work-life balance in modern corporate culture.
Meta Stock Plummets After ₦2.4 Trillion Tax Hit
Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.
₦15B SME Fund Opens - GIBC & Trade Lenda Launch 2025 Conference
Nigerian SMEs receive massive boost as Gateway International Business Conference partners with Trade Lenda to unveil ₦15 billion growth fund and 2025 impact conference targeting business transformation.
Trump-Xi G20 Meeting: Trade War Truce in Sight?
World leaders anxiously await the outcome of crucial Trump-Xi talks at G20 summit as both economic giants seek resolution to damaging trade conflict affecting global markets.
South Africa Eyes Major EU Trade Deal Under Ramaphosa
President Cyril Ramaphosa is negotiating a strategic tariff agreement with the European Union to strengthen South Africa's economic position and create new opportunities for local businesses.
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DLM Funding SPV PLC Announces Major Capital Raise
DLM Funding SPV PLC reveals groundbreaking funding initiative with CBN approval, offering Nigerian investors access to high-yield debt securities through major stockbrokers.
Navy Chief Nominee Pledges Tech Overhaul, Rejects Coast Guard
Vice Admiral Emmanuel Ogalla commits to technological modernization of Nigerian Navy while firmly opposing coast guard establishment during Senate confirmation hearing.
FG Declares Food Security as Nigeria's Top Priority
The Federal Government has elevated food security to the highest national priority level, announcing comprehensive measures to combat hunger and ensure affordable food for all Nigerians.
John Malone Steps Down From Media Empire Leadership
American billionaire media mogul John Malone announces strategic leadership transition, stepping aside for new generation to steer his vast business empire forward.
Dangote's $1B Zimbabwe Industrial Complex Deal
Aliko Dangote announces groundbreaking $1 billion investment in Zimbabwe, featuring industrial complex and refinery expansion to transform Southern Africa's economic landscape.
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Dangote: Naira to stabilize by 2025
Aliko Dangote shares crucial insights on Nigeria's currency crisis, predicting when the Naira will stabilize against the dollar and offering practical advice for businesses and individuals.
Students Demand Local Crude Allocation to Refineries
Nigerian students unite in calling for domestic crude oil allocation to boost local refining capacity and tackle fuel scarcity crisis.
Nigeria Debt Crisis: Citizens Owe ₦100,000+ Each
Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.
Recover Money Sent to Wrong Bank Account in Nigeria
Sent money to wrong bank account in Nigeria? This comprehensive guide reveals exactly what to do immediately, your legal rights, and how to successfully recover your funds from Nigerian banks.
Boeing Reports $5.4B Loss, 777X Delays Extended
Aviation giant Boeing faces financial turbulence with huge losses and extended delays for its flagship 777X aircraft, impacting global aviation industry.
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FG Plans Electricity Subsidy for Vulnerable Nigerians
The Federal Government announces strategic electricity subsidy initiative to protect low-income households and vulnerable Nigerians from recent tariff increases while maintaining sector sustainability.
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