Business Archives - Page 5 of 24

Jul

23

2025

Nigeria Strengthens Global Creative Ties with EU to Deliver Jobs and Growth Under Renewed Hope Agenda

Business, Cultural Heritage, News, SponsoredBusiness, Economy, Nigeria

Abuja, Nigeria | July 22, 2025 – In a landmark diplomatic engagement aimed at expanding Nigeria’s global cultural and economic footprint, the Honourable Minister of Art, Culture, Tourism, and the Creative Economy, Hannatu Musa Musawa, led a high-level delegation to a strategic meeting with ambassadors of European Union member states at the EU Embassy in Abuja. The session, hosted by the European Union Delegation to Nigeria and ECOWAS under the leadership of Ambassador Gautier Mignot, focused on advancing international partnerships to fuel growth, job creation, and innovation within Nigeria’s creative and cultural industries. Speaking at the meeting, Honourable Minister Musawa…

Jun

18

2025

By Amos Oge Kalu

Meta unveils WhatsApp monetization features, set for global rollout

Business, Lifestyle, News, SponsoredBusiness, Meta, WhatsApp

Meta has announced major changes to WhatsApp’s Updates tab, introducing three new features aimed at helping creators, organizations, and businesses grow their presence and monetize content. Meta, in a statement released on Monday, revealed that the Updates tab, which houses both Status and Channels, will now support Channel Subscriptions for exclusive updates, Promoted Channels for discoverability, and Ads in Status for business visibility. These features mark a significant expansion of WhatsApp’s business model and represent its most ambitious move yet into monetizing the platform. Reaching 1.5 billion users Meta said over 1.5 billion people use the Updates tab daily to…

May

15

2025

By Amos Oge Kalu

Nigerians Cry Out Over Tariff Hike – “TELECOM, NCC Are Killing Us”

Business, Economy, Metro, NewsBusiness, Economy, Metro

The recent 50% increase in telecom tariffs has sparked widespread outrage among Nigerians, particularly in the north. The Nigerian Communications Commission (NCC) approved the hike, citing operational pressures faced by telecom operators. For many, the increase has made staying connected a luxury they can no longer afford. Zainab Idris, a single mother and food vendor in Kano, relies on her phone for business. "Now I spend twice as much for half the access," she lamented. Students, small-scale vendors, and office workers are also feeling the pinch. Fatima Yusuf, a final-year student, said the increase is affecting her academic performance. "I'm…

May

02

2025

By Amos Oge Kalu

Abia 2026 Conference: NIESV seeks State Government’s backing.

Abia State, Business, Metro, News, PoliticsAbia State, Business, Opinion, Politics

The Nigerian Institute of Estate Surveyors and Valuers (NIESV) Abia State branch has solicited the support of the State Government for their upcoming Conference scheduled for April 2026. The branch made this known during their visit to the Deputy Governor Engr Ikechukwu Emetu (FNSE) in Umuahia. Receiving the team the Deputy Governor expressed appreciation for the visit and assured the NIESV Abia branch of Government's commitment to supporting initiatives that promote Professional development and Economic growth in the State.He assured them that their request will be considered and necessary support provided to ensure the success of the Conference. Speaking earlier…

Apr

03

2025

By Amos Oge Kalu

CBN declares report on N10,000, N5,000 banknotes as fake

Business, Economy, NewsBusiness, CBN, Economy

The Central Bank of Nigeria (CBN) has dismissed as false a circulating report claiming that it has introduced new N5,000 and N10,000 banknotes to enhance cash transactions. In a post on its official X handle, formerly Twitter, the apex bank said, “The content is not from the Central Bank of Nigeria. Kindly note that the official website of the CBN is cbn.gov.ng.” A statement from the CBN’s communications department further clarified, “The only official sources for releasing statements to the media are our website or statements from our department. There is also no Deputy Governor by such name. We are…