Business News
World richest man Elon Musk announces his Starlink network is coming to Nigeria; lists benefits

World richest man Elon Musk announces his Starlink network is coming to Nigeria; lists benefits

The federal government has given Elon Musk, the richest man in the world, permission to introduce his Starlink network in Nigeria.Information Guide Nigeria The inventor of SpaceX will…

Bitcoin price drops close to June 2022 lows amid global macro uncertainties

Bitcoin price drops close to June 2022 lows amid global macro uncertainties

According to invezz report, Bitcoin (BTC/USD), the world’s largest cryptocurrency, is undergoing a sharp correction, approaching June 2022 lows. At the time of writing, it is trading at…

CBN sends final warning to seven companies over Agric loan

A report from ripplesnigeria has it that on Tuesday, the Central Bank of Nigeria issued a final demand notice to seven companies that benefited from the Anchor Borrowers…

Nigerian Govt To Collaborate With UN Women On Digital Farming

Nigerian Govt To Collaborate With UN Women On Digital Farming

Nigerian Government says it will collaborate with the UN Women on its digital agricultural platform to harness the benefits for rural women in Nigeria. PeoplesGazette reports. Pauline Tallen,…

World Bank: $49b remittances to Nigeria, others driven by US, Europe economies

According to a report by Thenationonlining, the World Bank said the increase in remittances to Nigeria and other emerging markets was fueled by strong economic activity in Europe…

GTCO to pay N0.30kobo dividend per share, as net profit falls

GTCO to pay N0.30kobo dividend per share, as net profit falls

Guaranty Trust Holding Company’s (GTCO) net profit fell by 2.33% in the first half of 2022, while net interest income increased during the same period this year, according…

Peter Obi warns CBN to end fixed foreign exchange rate

Peter Obi warns CBN to end fixed foreign exchange rate

According to ripplesnigeria report, Labor Party presidential candidate Peter Obi said he would overturn the Central Bank of Nigeria’s (CBN) fixed exchange rate if he wins the Aso…

Petrol to sell above N400/litre even with Dangote, NNPC refineries

Petrol to sell above N400/litre even with Dangote, NNPC refineries

According to the report by businessday, an analysis of oil prices, import tariffs, and refinery contracts shows that even if the Dangote and Nigerian National Petroleum Company (NNPC)…

FG pays N103bn subsidy to keep Nigerian petrol prices uniform in 9 months

FG pays N103bn subsidy to keep Nigerian petrol prices uniform in 9 months

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the government will continue to push the government to keep petrol prices steady from December 2021…

Nigeria, Poland Agreed MOU On Agriculture

Nigeria, Poland Agreed MOU On Agriculture

Nigeria and Poland have signed a Memorandum of Understanding (MOU) on Agriculture, promising their readiness to increase the fields of economic cooperation in the energy and manufacturing sectors.Information…