Business News
Forex crisis: Traders lose as naira rebounds to 720/dollar

Forex crisis: Traders lose as naira rebounds to 720/dollar

The naira has strengthened by 20.8% to 720 per dollar in the parallel market, according to research conducted by The PUNCH.Information Guide Nigeria Following the Federal Government’s statement…

Elon Musk loses N1.73tn after Tesla share sale

Elon Musk’s net worth has fallen below the $200 billion mark after selling part of his shares owned in electric vehicle manufacturer, Tesla. RipplesNigeria reports.Information Guide Nigeria The…

UK Govt Signs £95m For 4million Nigerians

UK Govt Signs £95m For 4million Nigerians

The United Kingdom (UK) has approved a £95 million Propcom+ investment that is set to benefit at least 4 million Nigerians, including 2 million women, to increase productivity…

Shell, GE sign hydrogen gas deal

Shell, GE sign hydrogen gas deal

Shell Global Solutions and GE Gas Power have inked a development agreement to collaborate on a Liquefied Natural Gas decarbonisation project utilizing 100% hydrogen as a low-carbon fuel…

Telcos, banks to collect VAT on taxable supplies

Telcos, banks to collect VAT on taxable supplies

The Federal Inland Revenue Service has appointed MTN, Airtel, and deposit money institutions in Nigeria to withhold or collect value added tax on all taxable shipments made to…

Marketers say tough times as petrol hits N200/litre

Marketers say tough times as petrol hits N200/litre

The price of Premium Motor Spirit, also known as gasoline, has increased to as much as N200 per liter at depots, therefore motorists should be prepared to pay…

Marketers protest N185/litre fuel, threaten strike

Marketers protest N185/litre fuel, threaten strike

The Independent Petroleum Marketers Association of Nigeria, on Monday, threatened to discontinue its services in response to the continuous increase in the price of premium motor spirit in the…

Meet 19-yr-old secondary school graduate who’s made over N30 million using only his smartphone

Meet 19-yr-old secondary school graduate who’s made over N30 million using only his smartphone

The rags-to–riches story of a Nigerian child named Chigozie Emmanuel has inspired many people online. He disclosed that he earned over N30 million (Thirty Million Naira) through affiliate…

Elon Musk takes over Twitter, fires executives

Elon Musk takes over Twitter, fires executives

Elon Musk has taken control of Twitter and ousted its top executives late Thursday, putting one of the world’s premier venues for global dialogue in the hands of…

Lee Jae-yong becomes Samsung chair after presidential pardon

Lee Jae-yong becomes Samsung chair after presidential pardon

Samsung Electronics, a South Korean technology powerhouse, said on Thursday that de facto CEO Lee Jae-yong would be promoted to chairman.Informaion Guide Nigeria After serving time in prison…