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Business

Nigeria Records Huge Forex Inflows in 2024 Rising by 65.7% to Hit $46.92bn

The CBN’s Economic Report for the review period showed that the rise was from $28.31 billion in the corresponding period of 2023. Data from the Central Bank of Nigeria said the net foreign exchange (FX) inflows through the economy rose by 65.7 per cent year-on-year (YoY) to $46.92 billion in the first ten months of […]

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AMA

Diverse Trio of Ambassadors Join Sportsbet.io

AMA PRESS RELEASE Popular crypto sports betting platform Sportsbet.io is welcoming a diverse intake of new ambassadors, with a chef, a singer and a betting tipster joining with a shared goal to spread the word about Sportsbet.io. The first is renowned Nigerian celebrity chef and lifestyle connoisseur Rasheed Sakajojo, better known as Unrashon. He joins the team […]

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Business

KPMG 2024 Customer Experience Survey Ranks PalmPay Top for Excellent Services in Fintech Market

Africa-focused fintech platform, PalmPay has been recognized in the 2024 KPMG West Africa Banking Industry Customer Experience Survey for delivering exceptional customer experiences and surpassing traditional banks in key areas of service delivery. The survey highlights PalmPay’s strong performance across multiple stages of the customer journey, with customers praising the platform’s seamless transaction processing, reliability, […]

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Business

Zinox Demands Public Apology from Human Rights Lawyer Falana Over Defamation, Reputational Damage

Zinox Technologies Limited, has demanded a public apology from human rights lawyer, Mr. Femi Falana over defamation and reputational injury inflicted on the company and its representatives by Falana and his client, Benjamin Joseph, the Chief Executive Officer of Citadel Oracle Concept Limited, an Ibadan-based computer firm. In a statement on Sunday, Zinox referenced recent […]

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First female pilot in China’s Xizang (Tibet): Breaking boundaries in a male-dominated sector

BEIJING, CHINA – Media OutReach Newswire – 4 January 2025 – A large number of Chinese women are breaking the glass ceiling to enter professions that were previously dominated by men. The first female pilot recruited by the People’s Liberation Army (PLA) Air Force in China’s Xizang (Tibet) Autonomous Region has attracted wide attention. According […]

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News

JUST IN: MTN Nigeria Writes FG, Demands for Tariff Increase, Says ‘This is our Request’

Mobile Telephone Network (MTN) Nigeria has asked the Nigerian Government to consider increasing telecoms tariff in the light of the present economic crisis in the country. Chief Executive Officer of the largest telecoms network in the country, Mr Karl Toriola told Channels Television in an interview during its breakfast program, SunRise Daily that it has […]

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Business

Ardova, Heyden Join Dangote Refinery for Affordable PMS for Nigerians

Propelled by the economic relief provided by President Bola Ahmed Tinubu’s crude-for-naira swap initiative, two prominent players in Nigeria’s downstream oil and gas sector—Ardova Plc and Heyden Petroleum—have entered into a bulk purchase agreement with the Dangote Petroleum Refinery. This strategic move is designed to ensure a steady supply of petroleum products at affordable prices, […]

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Opinion

Corporate Blackmailers as Tinubu’s Enemies

Corporate blackmail is fast becoming the fancy of some netizens, corporate bodies, individuals, especially fly-by-night persons who target the rich and their businesses for diverse reasons. It’s not restricted to Nigeria, though. The likes of Aliko Dangote, Mike Adenuga, Leo Stan Ekeh, Segun Agbaje, Tony Elumelu, and corporates like GTCO (Guaranty Trust Holding Company), Zenith […]

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Business

Quest for Customized Storage Solutions Heightens as Smart Video Sets to Define Electric Vehicles   Infrastructure

Electric Vehicles (EV) station operators in Nigeria need customized storage solutions that support new AI workloads and associated storage requirements. As video analytics and deep learning for today’s intelligent video solutions are performed both on-premise and in the cloud, it is important to provide a scalable, cost-effective, and durable, yet high-performance storage infrastructure, according to […]

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Business

Konga Unveils First 2025 Campaign, Jara, Pledges Massive Savings for Shoppers

Nigeria’s foremost composite e-commerce giant, Konga, has announced its first major sales event of 2025-Konga Jara. This exciting campaign offers shoppers massive discounts of up to 70%, providing a perfect opportunity to save big and kickstart the year with unbeatable deals. The 2025 edition of Konga Jara, themed “Confam New Year Deals,” commenced on Wednesday, […]

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