Business

Naira Strengthens by N103 to N1,546.41 on Official Market, Stable on Parallel Market at N1,650

The naira surged by N103.35 on the official market to N1,546.41/$1, while remaining stable at N1,650/$1 parallel.

6 days ago

Afreximbank Launches 2024 CANEX Deal Room to Connect Creatives with Investors

Afreximbank has introduced CANEX Deal Room to enhance investment in Africa’s creative sectors, including film and fashion.

6 days ago

Boeing Workers Embark On Historic Strike, Bringing 737 MAX Production To Standstill

30,000 Boeing workers walk out, crippling 737 MAX production, as union demands better pay, benefits, and working conditions.

1 week ago

Nigeria, World Bank Collaborate to Tackle Unregistered Land Issue, Aiming to Unlock $300bn in Dead Capital

The Ministry of Housing and Urban Development and World Bank aim to register 90% of unregistered land in five years.

1 week ago

Banking Sector’s Growth Hindered By Regulatory Costs, Says UBA’s Elumelu, Calls For Stakeholder Collaboration, Reforms

UBA Chairman Tony Elumelu has highlighted regulatory and compliance costs as major challenges facing Nigeria's banking sector and economic growth.

1 week ago

Apple Loses EU Tax Case, Ordered To Pay $14.4bn In Back Taxes

Apple has lost an EU tax case and has been ordered to pay $14.4 billion in back taxes to Ireland.

1 week ago

Apple’s iPhone 16 Launch In China Marred by Lack of AI Features

Apple's iPhone 16 launch in China has sparked disappointment over lack of AI features, amid growing competition from Huawei.

1 week ago

Google Loses Appeal Against $2.7bn EU Antitrust Fine

Google has lost its appeal against a $2.7 billion EU antitrust fine for abusing dominance in price comparison shopping service…

1 week ago

Huawei Unveils $2,800 Tri-Foldable Phone, Seeks To Outshine Apple

Huawei has unveiled a $2,800 tri-foldable Mate XT phone, boasting AI features and sleek design, to challenge Apple's iPhone dominance.

1 week ago

Zenith Bank Rights Issue, Public Offer Extended to September 23

Zenith Bank Extends Public Offer, Rights Issue Amid Disruptions, New Deadline Set for September 23.

1 week ago