Thursday, January 23, 2025

Business

Nigerian Artists Confront Uncertainty Amid Universal Music’s Decelerating Streaming Growth

Universal Music Group (UMG), the biggest music company backing Don Jazzy's Mavin Records, saw its stock go down by over 20% due to tough competition in the...

Tinubu Pursues Technology Transfer from China to Enhance Nigeria’s Infrastructure

Key Points President Bola Tinubu of Nigeria wants China to share their technology to help with Nigeria's buildings and overall growth in Africa. Tinubu praised China's tech advancements and wants to learn from them to improve skills and knowledge...

Afrexim Bank Warns 5% Corporate Levy for Community Projects Could Prompt Company Exits

A new report by Afrexim Bank says that a 5% tax on companies making over N100 million will make big businesses leave Nigeria. These companies will need to spend the money on community projects.The report, called “Monthly Developments in...

U.S. Establishes Cybersecurity Office in Abuja to Enhance Collaboration with EFCC

The United States made a big move to help Nigeria with cybersecurity. They set up a special office in their embassy in Abuja, Nigeria. The news came from Mr. Richard Mills Jr., who is the new...

Nigeria’s Human Rights Writers Association Deems Multi-Billion-Naira Vice President’s Residence Project a ‘Misjudgment’

The Human Rights Writers Association of Nigeria (HURIWA) thinks building a very expensive home for the Vice President of Nigeria is a big mistake by the country's...

Former Lagos Commissioner Tunji Bello Takes On New Role as FCCPC Head

A former Lagos Commissioner, Mr. Tunji Bello, started his new job on Thursday as the Chief Executive Officer and Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC).Bello took on this role a month after President Bola...

Nigerian Artists Confront Uncertainty Amid Slower Streaming Growth at Universal Music

Universal Music Group (UMG) is a big company that works with famous singers like Taylor Swift and Justin Bieber. They also support Don Jazzy's Mavin Records. Recently, UMG's shares dropped by more than...

President Tinubu Approves Development Bills for North-West and South-East Commissions

President Bola Tinubu just signed two important laws to help different parts of Nigeria grow faster. These are called the North-West Development Commission Bill of 2024 and the South-East Development Commission Bill of...

‘Inside Out 2’ Hits $1.5 Billion, Becomes Highest-Grossing Animated Film Ever

Disney and Pixar’s “Inside Out 2” is a huge hit! This new animated movie has made over $1.46 billion at the box office since it came out last month. That's more money than any other animated movie...

10 Top U.S. States Offering Promising AI Job Opportunities for Global Talent

In the United States, 10 states are really good at using Artificial Intelligence (AI). This is making more jobs for people. AI is very important because it can do many things. States want to...

Latest News

It is worrying that FG will not provide services for capital projects by 2024 – Center

The Center for Economic Reforms in Africa (CERA) has expressed concern over the Federal Government's failure to pay local...