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Nvidia Races to Becoming first $1tn Chip Firm After Stellar Forecast

Nvidia’s blowout earnings have set the Silicon Valley company on course to become the first chipmaker to be valued at more than $1tn, as...

UBA Supports Women Entrepreneurs With No Collateral Loans

United Bank for Africa Plc is the only lender in Nigeria that extends credit to women entrepreneurs without collateral, making it the fulcrum of...

Nigeria’s GDP Growth Slows to 2.31% in Q1 2023 Amid Cash Crunch

Nigeria’s Gross Domestic Product (GDP) growth slowed to 2.31 per cent in the first quarter (Q1) of 2023 from 3.52 per cent in the...

Edo Refineries Lauded for Innovative Supply Model to Boost Africa’s Crude Refining Output

In the wake of Nigeria’s hydrocarbon industry bottlenecks, two modular refineries in Edo State devised innovative supply channels to break ground and boost productivity,...

FULL LIST: CBN Revokes 132 Microfinance Banks’ Licenses

The Central Bank of Nigeria (CBN) has revoked the operating licenses of 132 microfinance banks, four primary mortgage banks, and three finance companies in...

Otedola Sends Wake-up Call to Sleepy Nigeria Boardrooms

…with page out of Carl Icahn's playbook ...Transcorp investors seek meeting with Board over performance PATRICK ATUANYA Billionaire investor Femi Otedola is shaping up to be the Carl...

CBN Increases Monetary Policy Rate To 18.5%

The Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent. The apex bank governor, Godwin Emefiele, announced the...

Ron DeSantis Will Launch Presidential Bid on Twitter With Elon Musk

Florida Gov. Ron DeSantis will announce he is running for president during a discussion with Twitter CEO Elon Musk. Musk and DeSantis will host an...

MTN Nigeria 2023 Data Revenue to Surpass Voice in Seismic Shift

MTN Nigeria will be propelled by data usage by its consumers in 2023, rather than voice for the first time since its launch some...

Dangote Refinery Puts Nigeria on Global Refining Map as Capacity Surges to 1.09m b/d

…Country now top-20 for refining capacity globally The commissioning of the country's new 650,000 barrels per day (b/d), Dangote refinery by President Muhammadu Buhari...

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