SMEDAN begins matching fund programme for agro-based SMEs
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in partnership with Sterling Bank Plc has started a matching fund programme for agro-based Nano,...
The South Korean Ambassador pays a courtesy visit to the BUA Group.
...desires further commercial and economic collaboration between Nigeria and South Korea. BUA Group, one of Africa's major food, mining, manufacturing, and infrastructure corporations, hosted the...
Up to $2 billion in client funds are missing following the bankruptcy of crypto behemoth FTX, according to sources.
According to reports, at least $1 billion in customer funds — and possibly as much as $2 billion — went missing in the shocking implosion...
Low oil revenue and diaspora remittances are the causes of Nigeria’s $866.2m fall in foreign reserves, according to experts.
Mr Idakolo Gbolade, a financial inclusion and wealth management expert, believes that low oil revenue and diaspora remittances are to blame for the nation's $866.2...
Jeff Bezos and Jay-Z will make a bid in the possible sale of Washington Commanders.
Dan Snyder and the Commanders have already received a massive offer. According to sources familiar with the situation, Amazon founder Jeff Bezos and hip-hop mogul...
Salary, severance pay of CBN Governor, others must not surpass Buhari’s- RMAFC
The Revenue Mobilization Allocation and Fiscal Commission, RMAFC, has said that the severance packages of the Governor of the Central Bank of Nigeria, CBN, surpassed...
Obasanjo establishes the Nigeria-Congo Business Council, and El-Rufai is named Vice President.
Former President Olusegun Obasanjo announced the formation of the Nigeria-Congo Business Council. Obasanjo spoke in Kinshasa, Democratic Republic of the Congo, where he was leading...
The drop in home prices in the United States is ‘just getting started,’ according to economists, as the housing market rapidly cools.
A significant drop in US home prices is likely to "just begin" as decades-high mortgage rates cause a housing market downturn, a prominent economist warned...
Nigeria’s oil production is decreasing as Addax workers stop working.
The strike by 324 Nigerian employees of Addax Petroleum, which had been suspended in August, has resumed. The change has reduced the country's oil production...
Ease of doing business: Lagos, Rivers, and Ogun rank low, while Gombe and Sokoto lead the way.
Lagos, Ogun, and Rivers states have been ranked low in the federation in terms of ease of doing business. According to the World Bank, economies...
Nigerian businesses, economy lost over N1trn in two weeks to flooding – Expert
Flooding in some parts of Nigeria have crippled many businesses. There is a direct correlation between flooding and survival of businesses. The Nigerian economy and...
Belgian businesspeople arrive in Nigeria for medical and trade missions.
Thirteen Belgian doctors and investors have travelled to Nigeria on medical and business missions. Obinna Chiedu Onowu, Nigeria's Ambassador to Belgium, stated this in a...
Pepsi will receive Tesla’s first Semi trucks in December, according to Musk.
Tesla Inc has begun production of semi-electric commercial trucks, with PepsiCo Inc receiving the first deliveries on December 1, according to Elon Musk, CEO of...
Nigeria’s economic growth forecast indicates a worsening misery index and difficult times – Expert
Reactions have continued to lag behind the World Bank's recent report, which lowered its economic growth forecast for Nigeria in 2023 to 3.2 percent from...
CeFTIW and BPSR release a corruption index for states, ministries, agencies, and others in 2022.
The Center for Fiscal Transparency and Integrity Watch (CeFTIW), in collaboration with the Bureau of Public Service Reforms (BPSR), has created three intervention tools to...
Behind Letitia James’s hit against Donald Trump
Tish James, the Attorney General of New York, is still basking in the glory of her "sweeping" lawsuit against Donald Trump. Sweeping, in case you...
The World Bank establishes a pandemic trust fund and confirms the extreme challenges facing developing countries.
The World Bank Group has established a new trust fund for pandemic preparedness and response (PPR). According to President David Malpass, the US-backed assistance will...
Ex-employee claims Goldman Sachs banker kept a spreadsheet ranking the bodies of female recruits.
A former Goldman Sachs employee claims that the investment bank's Manhattan headquarters is so misogynistic that a colleague kept a spreadsheet ranking female recruits on...
A lawsuit that may have played a role in the suicide of a Bed Bath & Beyond executive has hit snags.
An explosive shareholder lawsuit that may have played a role in Bed Bath & Beyond's former financial chief Gustavo Arnal's shocking suicide has recently run...
Indian tycoon Gautam Adani replaces Jeff Bezos as the world’s second-richest person.
Jeff Bezos has dropped to third place in the race for riches. The Amazon founder is now the world’s third-richest person, after Indian business tycoon...
The inclusion of an Israeli superhero in a ‘Captain America’ film has irritated Arabs.
The Walt Disney Company intends to include an Israeli comic book superhero in the next instalment of Marvel's "Captain America" film franchise, prompting Arabs to...
The naira is slightly weaker against the dollar.
The naira fell slightly against the dollar on Friday, trading at N436.33 versus N436.32 on Thursday. On Friday, the open indicative rate was N433.83 to...
Mark Cuban criticises Elizabeth Warren’s billionaire tax proposals: ‘Fuck you.’
During an appearance at Vox Media's Code Conference, billionaire Mark Cuban slammed progressive Senator Elizabeth Warren and her calls to tax the wealthy. Cuban, whose...
Sex workers are turning to cryptocurrency payment sites after being rejected by tech and finance firms.
After mainstream financial and technology firms cut them off from cash payments, adult content creators are turning to crypto-based platforms. Adult performers told The Washington...
Elon Musk criticises Amazon’s ‘Lord of the Rings,’ escalating his feud with Jeff Bezos
Elon Musk slammed billionaire rival Jeff Bezos over Amazon's highly anticipated release of "The Lord of the Rings: The Rings of Power," saying author J.R.R....
Insight.ng has announced the launch of its insight elite networking service.
Insight.ng has launched an online networking community for African entrepreneurs, academics, career coaches, lifestyle influencers, and technologists. The networking council's mission is to bring together...
Nigerian govt plans N19.76trn budget for 2023
The Federal Government of Nigeria is proposing to spend N19.76trillion in 2023. Minister of Finance, Budget and National Planning, Zainab Ahmed made the disclosure in...
Capital project execution in 2023 may be difficult – Finance Minister
Zainab Ahmed, Minister of Finance, Budget, and National Planning, has ruled out the federal government funding any capital projects in the fiscal year 2023 due...