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90% of containers underutilised, say operators

Maritime experts reveal that 90 per cent of containers brought into Nigeria are not efficiently utilised. Speaking with the PUNCH...
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BusinessNewsPolitics

Overview of the draft National AI policy

By Biodun Adeleke In August 2024, the Federal Ministry of Communications, Innovation, and Digital Economy of Nigeria unveiled a draft...
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BusinessNewsPolitics

China to Build Africa’s First Insulin Plant in Nigeria

By Ademola AdekusibeSeptember 25, 2025 Abuja — China has announced plans to establish Africa’s first local insulin production facility in...
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BusinessNews

Meta Reacts Through X as Facebook, Instagram Crash

Billions of Mark Zuckerberg-led Meta’s Instagram and Facebook users were yesterday thrown into the dark as the social media platforms...
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BusinessNewsPolitics

FG Seals Popular Abuja Store Over Deceptive Pricing

The Federal Competition and Consumer Protection Commission, on Friday, sealed Sahad Store, a popular supermarket in the Garki area of...
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BusinessNewsPolitics

Banks Induce Customers on Conversion of Dollar Deposits to Naira

Banks are inducing their customers to sell the foreign currencies domiciled in their branches, The Nation has learnt. Some of...
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BusinessNewsPolitics

Consumers, Companies’ Taxes Jump 96% to N2.3tn –Report

Government revenue got a boost as taxes from companies and consumers rose by 96.11 per cent to N2.31tn in the...
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BusinessNewsPolitics

UNDP Unveils Timbuktoo Fintech Hub in Lagos with 42 Innovators

9th July 2024 The United Nations Development Programme, in collaboration with the Nigerian government, launched the Timbuktoo fintech Hub in...
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BusinessNews

PayPal to Cut 25,000 Jobs in 2024

A fintech company, PayPal Holdings Inc, has announced plans to cut about 9 per cent, or about 2,500 jobs of...
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BusinessNewsPolitics

Nord Motors Raises Concern Over Bank’s Refusal to Finance Locally Assembled Vehicles, Ongoing Legal Dispute Involving ₦700m Debit

November 11, 2025By Ayinde Adeleke Nord Motors, a Nigerian vehicle manufacturer, has alleged discriminatory lending practices by a commercial bank...
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BusinessNews

FirstBank Introduces First Humanoid Robot

FirstBank has launched an industry first Humanoid Robot at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) Branch. In...
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BusinessNewsPolitics

Fintechs Make Last Minute Efforts to Avert CBN’s Crypto Sanctions

May 6, 2024 Four top Fintech firms – Opay, Kuda, Monie Point, and Palmpay – are working very hard to...
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