Nigerian bank customers are embracing digital banking solutions at an unprecedented pace, as evidenced by the staggering N225.6 billion paid in e-business charges in the first nine months of 2023. This represents a remarkable 32.3% year-on-year increase from N170.46...
Nigeria is losing an estimated $1 trillion annually due to its dependence on foreign ship owners for the import and export of goods. This is according to Greg Ogbeifun, a member of the former Presidential Committee of Fleet Expansion...
Nigerian LNG Limited (NLNG) has blamed the upswing in cooking gas prices on three major factors, around domestic macroeconomic developments as well as global factors. The company also indicated that it would sustain the market with about 1.3 million...
Saudi Arabia and Nigeria have signed a Memorandum of Understanding (MoU) on energy-related cooperation, according to Saudi Arabia's energy minister, Abdulaziz bin Salman. The MoU was signed during the Saudi-Arab-African economic conference in Riyadh on Thursday.
The MoU covers a...
The bilateral trade volume between China and Nigeria in the first three quarters of 2023 stood at $17.25 billion, the Consul General of China in Lagos, Yan Yuging has said. Yuging disclosed this at the China Commodities Expo-Nigeria Lagos,...
The Central Bank of Nigeria (CBN) has moved to dispel rumors of a possible cash scarcity in the country, reiterating that all denominations of banknotes issued by the CBN remain legal tender. The CBN has also directed its branches...
The Net-Works Business Club, a leading business community initiative, will host an Economic Business Summit on November 10, 2023, at the Metropolitan Club, Victoria Island, Lagos. The summit, themed "Economic Recovery, Strategies for Growth and Sustainability: The Way Forward...
In today's dynamic business environment, technology is revolutionizing the way companies market and sell their products and services. Embracing these advancements is no longer an option; it's a necessity for business survival. Companies that fail to adapt risk falling...
As the fashion landscape constantly evolves, men's fashion trends in 2023 are set to reflect a desire for self-expression, comfort, and sustainability. From bold statements to relaxed comfort, these 10 trends are sure to make a splash in the...
Kente is a handwoven textile that originated in Ghana and is known for its vibrant colors and intricate patterns. Each color and pattern has a specific meaning, making Kente cloth a rich source of symbolism and cultural expression.
The...
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