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Business - Page 435

Dollar Rate Drops By N10 In Black Market

Over N10 was removed from the foreign exchange rate for the United States dollar (USD) in the black market on Wednesday, December 24. According to Naira Rates, the price for a dollar had depreciated to N1,467.99 kobo per $1, from the N1,477.99

December 24, 2025

Africa·Business·News

PZ Cussons Proposes Buyout of Nigerian Minority Shares

In a surprising move aimed at streamlining its Nigerian operations, PZ Cussons (Holdings) Limited, the major foreign investor in PZ Cussons Nigeria Plc, has tabled a proposal to purchase all the remaining shares held by Nigerian minority shareholders in the subsidiary. This

September 6, 2023

Africa·Business·Finance & Economy·News·World News

Indian Investors Pledge $14B to Boost Nigeria’s Growth

In a groundbreaking display of economic partnership, India has made substantial commitments to bolster Nigeria’s infrastructure and economic development. Nigerian President Bola Tinubu, on the cusp of attending the G20 summit in New Delhi, played a pivotal role in securing these investments.

September 6, 2023

Africa·Business·Finance & Economy·News·World News

Tinubu’s India Trip Secures Hinduja Group Investments After Lengthy Flight

Nigerian President Bola Tinubu embarked on a transformative journey to India, defying the fatigue of a 15-hour intercontinental flight, to engage in high-stakes investment talks with Mr. Prakash Hinduja, Chairman and CEO of the Hinduja Group of Companies. The meeting, which lasted

September 6, 2023

Business·Finance & Economy·News

Heirs Insurance Group Surge with N20bn Revenue in 2022

Heirs Insurance Group, comprising Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), has made a resounding mark on Nigeria’s insurance landscape with its impressive financial results for the fiscal year ended December 31, 2022. Heirs Insurance Group, the insurance subsidiary of

September 5, 2023

Africa·Business·News·Oil & Gas·World News

UAE Carbon Alliance to Invest $450M in African Carbon Credits

The UAE Carbon Alliance, led by Her Highness Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President and CEO of the UAE Independent Climate Change Accelerators (UICCA), has declared its commitment to purchase $450 million worth of African carbon credits by 2030.

September 5, 2023

Business·News·Technology

Nigeria Hosts 54 Nations, Others For the AfIGF 2023

Nigeria is gearing up to host a prestigious gathering of 54 African nations and various continental Internet governance stakeholders during the 12th annual Africa Internet Governance Forum (AfIGF 2023). The event, scheduled to run from September 18th to 21st, 2023, is being

September 5, 2023

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

Agro-Economy·Business·News

Ex-APC Leader Urges Tinubu to Probe Alleged N500 Billion Loan Mismanagement

Jonathan Tsado Vatsa, a former All Progressive Congress (APC) and former Commissioner for Information, Culture, and Tourism in Niger State, has called upon President Bola Tinubu to launch an investigation into the alleged mismanagement of the N500 billion Anchor Borrowers loan allocated

September 5, 2023

AMA News·Business

Opera now offers up to 1.5GB of data per month for free to Safaricom users in Ethiopia, launching its first free data campaign in the country

OSLO, Norway, 5 September 2023 -/African Media Agency(AMA)/- Opera – a leading global web innovator – is launching its free data campaign in Ethiopia. Partnering with Safaricom – which recently entered the Ethiopian market – the move follows Opera’s strategy of fostering increased

September 5, 2023

Business·News·Transport

Sanwo-Olu Leads Inaugural Ride as Lagos Blue Line Commences Passenger Operations

Governor Babajide Olusola Sanwo-Olu became the first passenger to embark on a journey as the Blue Line commences passenger operations. This marks a significant milestone in the city’s transportation history. Hundreds of eager Lagosians, including members of the public, the media, and

September 5, 2023

Business

How To Make A Human Hair Wig Soft Again (Revamp)

Human hair wigs are beloved for their natural look and feel, making them a popular choice for those seeking a versatile and stylish hair accessory. Over time, however, these wigs can lose their softness and sheen due to exposure to various environmental

September 5, 2023

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Business - Page 435

Dollar Rate Drops By N10 In Black Market

PZ Cussons Proposes Buyout of Nigerian Minority Shares

Indian Investors Pledge $14B to Boost Nigeria’s Growth

Tinubu’s India Trip Secures Hinduja Group Investments After Lengthy Flight

Heirs Insurance Group Surge with N20bn Revenue in 2022

UAE Carbon Alliance to Invest $450M in African Carbon Credits

Nigeria Hosts 54 Nations, Others For the AfIGF 2023

Ex-APC Leader Urges Tinubu to Probe Alleged N500 Billion Loan Mismanagement

Opera now offers up to 1.5GB of data per month for free to Safaricom users in Ethiopia, launching its first free data campaign in the country

Sanwo-Olu Leads Inaugural Ride as Lagos Blue Line Commences Passenger Operations

How To Make A Human Hair Wig Soft Again (Revamp)

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