Nigeria’s headline inflation rate is expected to remain elevated in August despite recording two consecutive months of disinflation, with analysts projecting the rate between 15.3% […]
Category: Economy
Anthropic CEO warns AI race is moving faster than humanity can control
Anthropic Chief Executive Officer Dario Amodei has called for a slowdown in the development of artificial intelligence models, warning that the rapid pace of advancement […]
Top 10 longest-serving CEOs on the NGX 30
Nigeria’s largest listed companies are led by executives who have spent varying lengths of time at the helm, with some CEOs and managing directors staying […]
Keystone Bank seeks approval to sell 66.54% KBL Insurance stake
Keystone Bank Limited is seeking regulatory approval to sell its 66.54% stake in KBL Insurance Limited to Bethel V Limited, a newly incorporated investment vehicle […]
DMO returns to popular 2038 bond with fresh N600 billion offer
The Federal Government is returning to one of its most frequently issued bonds as it looks to raise another N1 trillion from investors on Monday, […]
Nigeria Airways workers finally get N18 billion severance, 20 years after liquidation
The Federal Government has begun an N18 billion severance settlement covering 2,700 former workers of Nigeria Airways Limited, more than two decades after the national […]
NCAA fines RwandAir N15 million over failure to resolve baggage complaint
The Nigerian Civil Aviation Authority (NCAA) has fined RwandAir N15 million for failing to resolve a passenger’s baggage complaint within the timeframe stipulated by aviation […]
FG keeps King’s College ownership as old boys take over operations
The Federal Government has retained ownership of King’s College, Lagos, while the King’s College Old Boys’ Association (KCOBA) will finance, rehabilitate, operate and maintain the […]
Bosun Tijani withdraws from ITU race despite Tinubu’s nomination
Nigeria’s Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, has withdrawn from consideration for the position of Deputy Secretary General of the International […]
CBN disowns fake viral $46 billion grant approval document
The Central Bank of Nigeria (CBN) has dismissed as fake a viral document claiming that it approved the release of $46 billion to a development […]