BUSINESSPOST
Transcorp Hotels, Others Jumpstart Stock Market By 0.05%
The Nigerian Exchange (NGX) Limited returned to the green territory on Thursday after two trading days in the bears’ domain, though weak investor sentiment remained. It marginally closed higher by 0.05 per cent yesterday on the back of bargain-hunting and cherry-picking in equities with sound fundamentals selling at cheaper prices. A pocket of… Read More
SUN
Outrage Over Telcos Plan To Hike Data, Voice Call Tariffs
The plan by telecommunication operators in Nigeria to hike tariffs for data and voice calls appears not to have gone down well with Nigerians, warning that any move to further impoverish them would be resisted. The planned resistance is coming on the heels of a joint statement released yesterday, by the Association of Licensed Telecom… Read More
Tuta Absoluta: Tomato Scarcity Looms As Farmers Risk Losing N20bn
Tomato farms in Kano State have again come under attack by the deadly tuta absoluta pest, raising concerns of impending tomato shortage. The development according to the farmers would lead to a loss of no less than N20 billion. The Kano State Chairman of All Farmers Association of Nigeria (AFAN), Abdullahi Maibreadi, who lamented the… Read More
DAILYTRUST
SMEDAN Unveils Funding For Women-Based Enterprises
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a new initiative, the “SMEDAN Speed Pitch”, a business pitch competition designed to enhance financial literacy and provide women led businesses with opportunities to access funds for growth. A statement by the management of the agency… Read More
ECONOMY HEADLINES
BUSINESSDAY
Federal Government Launches $10bn Diaspora Fund For Economic Growth
The Federal Government has announced the launch of a $10 billion Nigeria Diaspora Fund, a multi-sectoral investment opportunity to encourage remittances, attract investments, and facilitate philanthropic endeavors aimed at supporting key sectors crucial for Nigeria’s economic growth. The initiative, spearheaded by the Federal Ministry of… Read More
SUN
Federal Government Targets 2.5M Jobs With New Initiative
The Federal Government says it aims to launch a new programme named the Labour Employment and Empowerment Programme (LEEP), with the potential to generate over 2.5 million jobs for Nigerians. The initiative, which is the brainchild of the Federal Ministry of Labour and Employment focuses on addressing hunger, poverty, economic… Read More
PUNCH
NNPC Blames Logistics For Worsening Fuel Queues
The queues for Premium Motor Spirit, popularly called petrol, grew worse in Abuja and neighbouring Nasarawa and Niger states on Thursday, as the Nigerian National Petroleum Company Limited blamed the development on logistics issues, but was quick to state that it had been resolved. Petrol remained scarce on Thursday in the Federal… Read More
POLITICAL HEADLINES
PUNCH
Senate Panel Seeks Extension Of N30tn Loans Probe
The Senate panel probing the N30tn Ways and Means loans secured from the Godwin Emefiele-led Central Bank of Nigeria by the Federal Government has said it will seek an extension of the time allotted for the investigation. At the inauguration of the panel on March 11, 2024, Senate President GodsWill Akpabio gave the panel a six-week… Read More
THENATION
Tinubu: I Take Tough Policy Decisions In People’s Interest
I am ever ready to take tough decisions in the best interest of the people, even if with initial pains,” President Bola Ahmed Tinubu affirmed yesterday. He spoke in Hague, The Netherlands during the business session of the bilateral meeting with the Dutch team led by Prime Minister Mark Rutte. The President led a Nigerian delegation on a state… Read More
TECHNOLOGY HEADLINES
BUSINESSDAY
Nigeria’s Internet Usage Hits Record High On Rising 5G Subscriptions
Nigeria’s internet data usage surged to a record 753,388.77 terabytes (TB) in March 2024, new data from the Nigerian Communications Commission has shown. This marks an 8.43 percent increase from February (694,804.54 TB) and a return to growth after a recent dip. The rise is attributed to a significant increase in 4G and 5G subscriptions… Read More
