The little disagreement between these two big conglomerates, BUA Industries Limited and Dangote Group, took another level after the Chairman/CEO of Dangote Group, Aliko Dangote, released a 7-page edit...
Dangote Cement Plc has offered series 10 and 11 of its Commercial Papers under its N300bn Issuance Programme.According to reports from the stockbroking firms, the series, which was up to N50bn, was op...
Despite the naira gaining against the dollar last week, it’s been reported that on Monday the naira fell to N1,030/$ in the parallel market making its gain last week futile.Naira lost N80 or what we...
Despite the economic struggles, six banks in the Nigerian financial sector are reported to have gained profits by 214% to N2.06tn in the period that ended September 2023 when compared to the correspon...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/DCN7XURHJFK37CRPSQ2X4V7XVI.jpg)
The CEO of OpenAI, Sam Altman recently announced that ChatGPT now has a total of 100 million weekly active users. He announced during the company's first developer conference which was held in Sa...
The Association of Bureau de Change Operators of Nigeria recently urged currency speculators to deviate from their previous actions, which have pushed the nation’s currency into losing value against...
Unity Bank Plc recently announced plans to strengthen its digital banking services despite the bank report for Q3 that ended September 2023 showing how the bank recorded a loss of N47.917bn.The unaudi...
The Management of Dangote Industries Limited (DIL) has announced that the conglomerate has repatriated over USD576,008,672.41 through different banks in Nigeria, in addition to a USD$111,968,109.38 ca...
Billionaire CEO and current world's richest man, Elon Musk, has unveiled "Grok," which is considered the first technological product of Elon Musk’s new AI company, xAI.The company Grok is modelled o...
A fuel subsidy is known to be a financial assistance that is provided by the government to reduce the cost of fuel for consumers in a certain region. It’s done to keep fuel prices lower and make it ...