Monday , 7 April 2025

Business

BusinessNews

Sadiq Khan launches £10m investment in London’s creative industries

A£10.7m investment package for London’s creative industries was launched by Sir Sadiq Khan on Thursday, with the goal of boosting the capital’s economy...

Business

Hackers steal over $1bn in one of the biggest crypto thefts ever

Bybit confirms suffering a large cyberattack Hackers stole approximately $1.5bn worth of Ethereum Their identities are not confirmed, but researchers speculate it was...

Business

Why the Naira will be stable in 2025

A recent report by Bayo Adedipe and Associates suggests the Naira will settle at N1,574/$1 in 2025. For context, the exchange rate closed...

Business

Pound falls again and borrowing costs hit new high but Keir Starmer backs Rachel Reeves until next election Opposition parties have criticised the Chancellor’s trip to Beijing amid the economic problems facing Britain

Rachel Reeves will remain in post “for the whole of this Parliament”, Downing Street said, as the Chancellor faced criticism over an economic...

Business

Naira closes at ₦1,537/$1, weakest pre-Xmas day rate ever

The exchange rate between the naira and the dollar closed at N1,537/$1 on Christmas Eve, gaining one naira from the previous day’s close...

Heinekien Lokpobiri
Business

Nigeria, S. Korea Partner on 4 Refinery Projects

South Korean investors are set to build four refineries with a 100,000-barrel capacity in various Nigerian locations, according to the Federal Government’s Tuesday...

BusinessNews

Dangote refinery unveils its inaugural petrol production sample.

Aliko Dangote at the helm of the Dangote Group, introduces the first-ever petrol sample, technically referred to as Premium Motor Spirit. He made...

MIKE ADENUGA AND ALIKO DANGOTE
BusinessNews

After Two Solid Years, Mike Adenuga Overcomes BUA Boss As Second Richest Man In Africa

Mike Adenuga, the Nigerian tycoon behind Globacom, has risen to the second spot on the list of Africa’s richest people, according to Forbes....

Tinubu-and-Reno
BusinessNews

Reno Omokri: How to Make Naira

Reno Omokri, a former aide to ex-President Goodluck Jonathan, has urged Nigerians to support local products and services to boost the naira’s value....

Access bank founder
BusinessNews

Super Bowl Trip Turns Fatal for Access Bank Founder, Wife, Son, NGX Group Ex-Chairman in Us

The founder and chairman of Access Bank, Herbert Wigwe, his wife, son and the former group chairman of Nigerian Exchange Group Plc (NGX...