Economy
FG Negotiates ₦1,350 Petrol Price Ceiling Amid Global Oil Shock
The Federal Government is in negotiations to set a ₦1,350 ceiling on the price of petrol amid rising global oil prices.
Business
Finance
NDIC Disburses N1.48 Billion to Depositors of Failed Microfinance Banks
The Nigeria Deposit Insurance Corporation (NDIC) has disbursed N1.48 billion to 10,312 depositors of failed microfinance banks, according to THISDAYLIVE.
Finance
Moove Bows Out of Nigeria, Offers N35 Billion Vehicles to Customers
After six years in operation, Moove, a mobility financing company founded in Lagos, has announced it is winding down its Nigeria operations, offering its customers full ownership of…
Economy
Nigeria Aims for Temporary Petrol Price Reduction to Alleviate Cost-of-Living Crisis
The Nigerian government is considering a temporary reduction in petrol prices to help alleviate the cost-of-living crisis, according to Businessday NG.
Moove Exits Nigerian Market with Gratitude, Transfers N35bn Vehicles to Customers
In a shocking move, ride-hailing service Moove has announced its exit from the Nigerian market, transferring ownership of over N35 billion worth of vehicles to its customers.
Moove Exits Nigerian Market One Month After Uber Departure
Global mobility company Moove has announced its decision to end operations in Nigeria, just a month after Uber exited the market.
Economy
Federal Government Announces 30-Day Discount on Petrol Sold by NNPC
The Federal Government has announced a 30-day discount on petrol sold by the Nigerian National Petroleum Company Limited (NNPCL).
NICON Warns Buyers Over 28 Properties Linked to PTAD, Cites Court Judgement
NICON Insurance Limited has cautioned prospective buyers over 28 properties linked to the Pension Transitional Arrangement Directorate (PTAD), citing a court judgement.
Paramount and Warner Bros Complete Historic $81bn Merger
In a groundbreaking move, Paramount and Warner Bros have completed a $81bn merger, combining CNN, CBS, HBO Max, and more.
Federal Government Retrieves 50 Oil Fields from Defaulting Awardees
The Nigerian government has taken back 50 oil fields from defaulting awardees, insisting on its 'drill-or-drop' policy.
Economy
Ardova-led Consortium Driving Revolution in Nigeria’s CNG Market
An Ardova-led consortium is set to drive a new era in Nigeria's CNG market, as reported by Nigeria Business and THISDAYLIVE.
Startups
Lagos Innovates Aims for More Tech Jobs after Supporting Over 1,200 Startups
The Lagos Innovates programme, which has backed over 1,200 startups, aims to create more tech jobs in Nigeria's commercial hub.
Finance
AXA Mansard Launches Campaign to Boost Insurance Penetration in Nigeria
Leading Nigerian insurance company, AXA Mansard, has launched a campaign aimed at increasing insurance penetration in the country.
Airtel Africa Promises Unparalleled Customer Experience During Customer Service Week – Nigeria Communications Week
Airtel Africa has pledged to deliver an exceptional customer experience during the upcoming Customer Service Week as part of Nigeria Communications Week.
Startups
Fidelity Bank Unveils Creativerse to Boost Nigerian Creative Entrepreneurs
Fidelity Bank has launched Creativerse, a new initiative aimed at supporting Nigeria's creative entrepreneurs.