Saturday, April 19, 2025
Sub-Saharan African developers earned an estimated $700 million from the Android app economy in 2023, with the Android developer ecosystem supporting over 150,000 jobs across the region. This was revealed in Google’s report titled, ‘The Digital Opportunity of Sub-Saharan Africa,’ released on Friday. According to the tech giant, Sub-Saharan Africa […]
Access Holdings posted a pre-tax profit of N348.9 billion for the half-year ending June 30, 2024, as banks continue to enjoy bumper profits from Nigeria’s high interest rates. The group’s pre-tax profit during the half-year marks a 108 per cent year-on-year growth from the N167.6 billion posted in H1 2023. […]
The Central Bank of Nigeria’s monetary policy committee will meet on Monday and Tuesday in a highly anticipated deliberation that could hold benchmark interest rates steady for the first time after four consecutive hikes while the Debt Management Office auctions N150 billion in FGN bonds. “But even as food inflation […]
The Committee on Consequential Adjustments in Salaries for civil servants has agreed that the new minimum wage will be implemented from July 29, 2024. This was stated in a Memorandum of Understanding issued at the end of the committee’s meeting, which was seen by our correspondent in Abuja on Friday. The […]
In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd. has begun discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG projects. NNPC Ltd.’s Chief Financial Officer (CFO), Mr. Umar Ajiya disclosed this on the sidelines […]
Most filling stations in the Federal Capital Territory have implemented the Premium Motor Spirit (petrol) third pump price hike under President Bola Ahmed Tinubu’s administration. DAILY POST gathered on Friday that the Nigerian National Petroleum Company retail outlets and independent marketers such as AA Rano, Shema, Ranoil, Total and others […]
• Low queue as IPMAN, MEMAN say supply below expectations • Dangote debunks shortfall claim, insists supply on track Nigerian National Petroleum Company Limited (NNPCL), yesterday, said the Dangote Refinery is unable to supply the nation with over 65 million litres of Petroleum Motor Spirit (PMS), stressing that only 10.3 […]
John Zhao is the chief representative and executive director of the China Civil Engineering and Construction Company (CCECC) in Nigeria. John Zhao (CCECC) @JohnCCECC The Phase I of the Abuja Rail Mass Transit by #CCECC has been operating safely for over 100 days! Consisting of 2 lines with a total […]
Multinational consumer goods company, PZ Cussons, says it has commenced plans to sell its African subsidiaries to any interested buyer. The parent company of PZ Cussons Nigeria said it is looking at a partial or full sale to mitigate the company’s exposure to fluctuations in the naira, which has devalued […]
The Nigerian Communications Commission (NCC), says it is planning to deploy the 6G spectrum in Nigeria to expand access to Wi-Fi technology. Aminu Maida, executive vice-chairman of NCC, spoke on Thursday on the efficient management and utilisation of spectrum resources at a consultative engagement forum on emerging technologies. Tagged, ‘The […]