Naira gains big against British pound from February low
Business
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Business
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Naira gains big against British pound from February low

Webby - April 5, 2024

The Nigerian naira clawed back a high degree of previous losses against the British pound this year at the unofficial market as inflows by FPIs and growing…

Increase in electricity tariff insensitive, inhuman – Reps minority caucus tells NERC
Business
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Business
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Increase in electricity tariff insensitive, inhuman – Reps minority caucus tells NERC

Webby - April 5, 2024

The Minority Caucus in the House of Representatives has labeled the increase in electricity tariffs by the Nigerian Electricity Regulatory Commission (NERC) as insensitive, inhuman, and absolutely…

Analysts expect shift in Nigerian capital market focus in Q2 2024
Business
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Business
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Analysts expect shift in Nigerian capital market focus in Q2 2024

Webby - April 5, 2024

Financial experts have forecasted a significant changes in the dynamics of the Nigerian capital market in the second quarter of 2024, driven by the imminent takeoff of…

ARCON to host stakeholders’ forum on responsible advertising
Business
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Business
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ARCON to host stakeholders’ forum on responsible advertising

Webby - April 5, 2024

The Advertising Standards Panel (ASP), a statutory organ of the Advertising Regulatory Council of Nigeria (ARCON), has announced a crucial stakeholders’ forum aimed at promoting responsible advertising…

Climate Finance: The Urgency of Climate Action in Nigeria
Business
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Business
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Climate Finance: The Urgency of Climate Action in Nigeria

Webby - April 4, 2024

Nigeria, Africa’s most populous nation, is facing a critical challenge: climate change. The country is highly vulnerable to the devastating impacts of a warming planet, including extreme…

Nigerian Banks’ Recapitalization: The Pathway and The Hurdles
Business
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Business
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Nigerian Banks’ Recapitalization: The Pathway and The Hurdles

Webby - April 4, 2024

Effectively, the recapitalization process for Nigerian banks under the Olayemi Cardoso leadership of the Central Bank of Nigeria (CBN) commenced on Monday, April 1, 2024. According the…

Google Cloud Enlists Noor Al-Sulaiti to Drive Cybersecurity Business Growth and Government Ties in META Regions
Business
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Business
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Google Cloud Enlists Noor Al-Sulaiti to Drive Cybersecurity Business Growth and Government Ties in META Regions

Webby - April 4, 2024

Google Cloud has announced the appointment of Noor Al-Sulaiti as Head of Security Business Development and Government Relations for the Middle East, Turkey, and Africa region (META).Noor,…

ACR Global holds Webinar on inorganic business expansion for entrepreneurs
Business
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Business
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ACR Global holds Webinar on inorganic business expansion for entrepreneurs

Webby - April 3, 2024

ACR Global Limited, a foremost Consulting firm that connects Africa businesses to opportunities in the international market is set to host a Webinar for businesses, entrepreneurs who…

Electricity tariff triples as NERC approves new rates for elite customers
Business
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Business
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Electricity tariff triples as NERC approves new rates for elite customers

Webby - April 3, 2024

The Nigerian Electricity Regulatory Commission (NERC) has approved the increase of electricity tariff for customers under the Band A classification. At a press briefing in Abuja on…

Naira puts strong dollar in check, settles at N1255/$
Business
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Business
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Naira puts strong dollar in check, settles at N1255/$

Webby - April 2, 2024

Naira defied the strong dollar despite positive macros from the world’s largest economy’s manufacturing data report that it grew in March for the first time since September…