-
4 weeks ago | 
naija247news.com | David Okoroafor |EricJames Ochigbo
By EricJames OchigboThank you for reading this post, don't forget to subscribe!Abuja, March 25, 2025 (NAN) – Rep. Obi Aguocha (LP-Abia) has lauded the political initiative by South-East governors aimed at securing the release of Mazi Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB).
-
2 months ago | 
naija247news.com | David Okoroafor
Full Story:Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦950 to ₦890 per litre, effective from Saturday, 1st February 2025. This strategic move, according to the company, is in response to global market trends and the recent decline in international crude oil prices.
-
2 months ago | 
naija247news.com | David Okoroafor
Nigeria’s Safety Investigation Bureau (NSIB) has revealed that the Allied Air Boeing 737-400 Freighter that crash-landed at Nnamdi Azikiwe International Airport on December 11, 2024, was en route to pick up cargo for the Central Bank of Nigeria (CBN).
-
2 months ago | 
naija247news.com | David Okoroafor
ABUJA, Jan 31 – Nigeria’s proposed tax overhaul will help curb inflation by lowering costs for most households, Presidential Adviser Taiwo Oyedele said on Friday, dismissing concerns that the plan could worsen economic hardship in Africa’s most populous nation. Thank you for reading this post, don't forget to subscribe!After eliminating a costly petrol subsidy and devaluing the naira twice in his first year, President Bola Tinubu has now shifted focus to tax reform in his second year.
-
2 months ago | 
naija247news.com | David Okoroafor
Apple iPhones Now Eligible for SpaceX’s Starlink Direct-to-Cell TrialThank you for reading this post, don't forget to subscribe!(Naija247news, Jan. 30, 2025) – Apple’s iPhone devices are now eligible to participate in SpaceX’s Starlink direct-to-cell trial, which provides satellite-based coverage to users, as confirmed by T-Mobile.
-
2 months ago | 
naija247news.com | David Okoroafor
By Naija247newsThank you for reading this post, don't forget to subscribe!Lagos, Jan. 28, 2025 – Aradel Holdings Plc posted a remarkable 348.54% surge in profit after tax (PAT) for the 2024 financial year, rising to N247.79 billion from N55.24 billion in 2023, driven by a sharp increase in revenue and improved operational efficiency. The company’s revenue soared 162.74% to N581.02 billion in 2024 from N221.14 billion in the previous year.
-
2 months ago | 
naija247news.com | David Okoroafor
SEC Warns Public Against Engaging with Risevest and Stecs Over Unauthorised Investment SchemesThank you for reading this post, don't forget to subscribe!Abuja, Jan. 26, 2025 – The Securities and Exchange Commission (SEC) has issued a warning to the public against engaging in any investment activities with Risevest (Victoria Island) Cooperative Multipurpose Society Ltd. and Stecs (Alausa) Multipurpose Cooperative Society.
-
2 months ago | 
naija247news.com | David Okoroafor
NAICOM Reports 5.1% Growth in Insurance Industry Assets to N3.877 Billion in Q3 2024Thank you for reading this post, don't forget to subscribe!Abuja, Jan. 27, 2025 (NAN) – The National Insurance Commission (NAICOM) has reported a 5.1% growth in the Nigerian insurance industry’s total assets, which reached N3.877 billion in the third quarter of 2024. This represents a significant increase from N2.809 billion in the same period of the previous year.
-
2 months ago | 
naija247news.com | David Okoroafor
Abuja, Jan. 27, 2025 – The Federal Government, through the Debt Management Office (DMO), has announced the offer of three Federal Government of Nigeria (FGN) bonds valued at N450 billion for subscription by interested investors. Thank you for reading this post, don't forget to subscribe!According to the DMO’s offer circular, the first bond is a re-opening of the April 2029 FGN bond, worth N100 billion, with an interest rate of 19.30% per annum.
-
2 months ago | 
naija247news.com | David Okoroafor
Lagos, Jan. 28, 2025 – The Naira appreciated in the official market on Tuesday, trading at N1,522.68 to the Dollar, reflecting a gain of N10.95. This 0.7% increase follows Monday’s closing figure of N1,533.63 to the Dollar. Thank you for reading this post, don't forget to subscribe!According to data from the FMDQ Securities Exchange, the Naira’s trading on the Investors and Exporters (I&E) Forex window showed a high of N1,536.50 and a low of N1,521.50.
