Business

The rhythm of Nigeria's business world
Nigeria's inflation rate reached 34.8% in December 2024, marking its fourth consecutive rise. The increase, driven by festive demand and food...
The Nigerian Communications Commission (NCC) has ordered telcos to disconnect USSD codes of nine banks due to overdue debts. These banks have...
Marketers in Nigeria are shifting to Dangote Refinery as petrol depot prices rise to N950 per litre. The price hike is due to global crude oil...
OpenAI appoints BlackRock executive Adebayo Ogunlesi to its board, leveraging his infrastructure investment expertise to bolster AI development...
Meta is laying off 3,600 employees, or 5% of its workforce, focusing on performance-based cuts to ensure the company retains the best talent. This...
The Nigerian Naira depreciated in the parallel market, trading at N1,660/$, while strengthening slightly in the official market to N1,549/$. This...
The Central Bank of Nigeria (CBN) imposed ₦150 million fines on nine banks for failing to ensure ATM cash availability during the 2024 festive...
Petrol prices in Nigeria are set to rise as depot prices for petrol and diesel increase due to a surge in Brent crude oil prices. Major depots...
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