RwandAir fulfills its promise by launching flights to Paris as its 25th destination

Suggests that the new route will offer service every three weeks. RwandAir, a rapidly expanding airline in Africa that made a pledge to deliver on that promise on June... Read more »

Novex is transforming the Nigerian personal care product market

With its locally produced line of bleach, antiseptics, glass, toilet, floor, and multi-purpose cleaners, the unique brand of household cleaning solutions known as Novex is creating waves in the... Read more »

The maritime business has the potential to earn $100 billion per year – Seafarers

Seafarers believe that the Nigerian maritime industry has the potential to create $100 billion per year if it is properly exploited and developed. Maritime Professional Forum; Nigerian Association of... Read more »

PalmPay has 25 million customers

PalmPay, a fintech platform with a particular focus on Africa, has 25 million clients as part of its payments ecosystem, in addition to a network of 500,000 mobile money... Read more »

According to NMGS, the volume of stolen oil exceeds the amount officially sold

Call for scientific data-driven mining The Nigerian Mining and Geosciences Society (NMGS) has lamented that oil theft has become a Frankenstein monster, with the amount taken now exceeding what... Read more »

CBN restricts contactless payment channels transactions to ₦50,000 per day

Contactless payments done with bank accounts or digital wallets have a daily cumulative transaction limit of 50,000 naira, and these payments have a single transaction limit of 15,000 naira.... Read more »

‘Nigeria and other developing countries are at risk of deglobalization.’

Okonjo-Iweala calls on business leaders to advocate for’re-globalisation’ and trade changes. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), has reaffirmed the call for “re-globalisation,” claiming that deglobalisation... Read more »

Shettima says Nigeria is dedicated to expanding trade and technology with China

The Vice President of Nigeria, Kashim Shettima, has reaffirmed the country’s dedication to developing its relations with the Republic of Korea, particularly in the areas of encouraging trade, facilitating... Read more »

A 40% increase in auto taxes exacerbates the transportation crisis and poverty

The lowest vehicle duty is now N1.1 million. Nigerians would suffer terrible consequences, stakeholders warn According to Mamudu, Nigeria should start looking internally for automobile assembly. ‘Many stuck automobiles... Read more »

Four employees embezzle N150 million from a Lagos microfinance bank

An important event took place on Friday when the Yaba Magistrates’ Court convened a hearing about an alleged robbery that took place in the FESTAC Town region of Lagos... Read more »