Browsing Tag
Business
71 posts
Businesses anticipate a drop in loan interest rates within three months
A recent survey by the Central Bank of Nigeria reveals that businesses expect a slight decline in borrowing costs over the next three months despite current financial pressures.
Manufacturing sector optimism rises despite ongoing economic hurdles
Nigerian manufacturers report increased confidence in the second quarter of 2026, though operational challenges like high interest rates and power deficits persist.
Lagos Authorities Close 12 Businesses for Environmental Non-Compliance
LASEPA closed 12 businesses in Apapa and Ijora for repeatedly ignoring environmental regulations despite prior warnings.
LIV Golf finds new lead investor to secure its future starting in 2027
LIV Golf has signed a new lead investor to ensure its future beyond the 2026 season following the withdrawal of Saudi Arabian financial support.
Disney Partners with TikTok to Feature Movie Clips
Disney has established a unique partnership with TikTok that allows users to integrate clips of iconic films and characters into their content.
Nick Knowles joins Cornish Pirates as new shareholder
TV host Nick Knowles has become a shareholder in the Cornish Pirates, contributing to the club's long-term goal of reaching the Premiership.
Daily Nigerian Press Summary: Wike Faces Backlash and Corporate Developments
A summary of Nigerian newspaper headlines covering political disputes involving Nyesom Wike, significant corporate moves by Femi Otedola, and ongoing investigations into a purported government agency.
Nigerian Press Roundup: Wike Clashes with Northern Youths and Financial Developments
This summary covers the conflict between Nyesom Wike and northern youth groups, Femi Otedola's bank acquisition plans, salary hikes in the military, and a fraud investigation involving the PFIPC.
Electronic Arts Acquired by Saudi-Backed Consortium in $55 Billion Deal
Electronic Arts has been taken private in a $55 billion buyout led by Saudi Arabia's Public Investment Fund, raising concerns about future creative independence and corporate restructuring.
Businessman testifies before House committee regarding N400 million contract fraud
A businessman testifies before a House committee about losing N400 million to a fraudulent contract scheme involving an individual posing as a government official.