Transcorp Hotels Plc says Eco Travels and Tours Limited, an indigenous hospitality company, has acquired its 100 percent stake in Transcorp Hotels Calabar Limited. According to...
The Central Bank of Nigeria has announced a review of the loan-to-deposit ratio (LDR) for banks, from 65 percent to 50 percent to align with the...
WhatsApp, the messaging app, has introduced chat filters to allow users to navigate through messages faster and more efficiently. The Meta-owned platform announced the new feature...
The Nigerian Civil Aviation Authority (NCAA) says it has suspended the permit of three private jet operators for engaging in commercial flights. Chris Najomo, acting director...
Elon Musk, the owner of X, formerly known as Twitter, has confirmed plans to charge new users to post on the platform. Replying to a post...
The naira rose further on Monday in the parallel section of the foreign exchange (FX) market. At the Lagos street market, currency traders, also known as...
Tesla will lay off 10 percent of its global workforce as demand for electric vehicles (EV) falls. According to a Bloomberg report on Monday, Elon Musk...
Nigeria’s inflation rate rose to 33.20 percent in Mach 2024 — up from 31.70 percent in February. The National Bureau of Statistics (NBS) disclosed this in...
Homes and businesses were left without power supply for several hours yesterday after the nation’s national grid collapsed twice in less than one month. The latest...
NIPCO Gas Limited says it has completed four compressed natural gas (CNG) stations in Lagos Speaking at a press conference in on Sunday, Nagendra Verma, managing...