The Central Bank of Nigeria (CBN) has intensified its efforts to tackle the illegal trade of naira notes, imposing a hefty fine of ₦150 million on Deposit Money Banks (DMBs)…
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Business
Nestlé, the world’s largest packaged food company, has once again proven its resilience by surpassing sales forecasts, delivering stronger-than-expected revenue growth in 2024. However, while the Swiss multinational has managed…
The National Tomato Growers, Processors, and Marketers Association of Nigeria (NATPAN) is calling for federal government intervention to reduce post-harvest losses in the tomato sector. Mr. Rabiu Zuntu, Chairman of…
Business
FG Sets Aside N231.73 Billion for Immunization and Malaria Vaccination in 2025 Budget
by Joshua Ezim
The federal government has committed a substantial N231.73 billion to immunization and malaria vaccination in Nigeria’s 2025 budget. This move marks a critical step in strengthening the nation’s healthcare system…
The Nigerian Ports Authority (NPA) has announced plans to implement a 15% increase in its tariffs, marking the first adjustment since 1993. The NPA stated that the move has received…
The Global Labour Market Conference (GLMC) 2025 has officially launched its second edition in Riyadh, setting the stage for a transformative era of global workforce development. This year’s edition was…
MTN Nigeria has officially increased its data plan prices, a move that follows the Nigerian Communications Commission’s (NCC) approval of a 50% hike in telecom service costs. This marks the…
Business
Naira Appreciates to N1,660/$ in Parallel Market, Weakens to N1,550/$ in Official Market
by admin
The Nigerian Naira experienced mixed movements on Monday, appreciating slightly in the parallel market to N1,660 per dollar while depreciating in the official market to N1,550 per dollar. The contrasting…
Business
Nigeria’s Mutual Funds Industry Sees 80.8% Growth, Reaching N4.1 Trillion as Investors Seek Safe Havens Amid Economic Uncertainty
Nigeria’s Mutual Funds industry has seen remarkable growth, with total assets under management (AUM) surging by 80.8% year-on-year (YoY), climbing from N2.3 trillion in January 2024 to N4.1 trillion by…
The Grassroots Centre for Rights and Civic Orientation has strongly condemned the recent decision by the Nigerian Communications Commission (NCC) to approve a 50% increase in telecom tariffs. The organization…