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Business
Justice Department may force Google to sell off Chrome
Antitrust officials from the Justice Department are coming together to force Alphabet Inc.’s Google to sell off its Chrome browser, the most widely used browser, because it represents a monopolised access point…
Nigeria importing ₦3tr worth of fuel in last 40 days worrisome – ERAN
The decision by oil marketers to import fuel worth over N3 trillion between October 1 and November 11 this year has raised serious concerns, according to the Energy Reforms Advocates of Nigeria (ERAN). Expressing its…
Nigeria’s macroeconomic environment now stable, investor-friendly – FG
The macroeconomic environment in Nigeria is now stable and investor-friendly, the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has said. He also expressed confidence that the…
Governors threatening to deny lawmakers return tickets in 2027 over tax reform bills – Reps…
Deputy spokesman for the House of Representatives, Philip Agbese (APC-Benue), says the parliament is committed to passing the tax reform bills initiated by President Bola Tinubu despite threats by the state governors.…
Dangote Cement Ibese Fetes Senior Citizens In Host Communities
Dangote Cement, Ibese Plant at the weekend extended the frontier of its social investments in the wellbeing of its 17 host communities when it…
Dangote, IPMAN sign 240m litres monthly petrol deal
The Dangote Petroleum Refinery has offered to supply 60 million litres of Premium Motor Spirit, popularly called petrol, to the Independent Petroleum Marketers Association of Nigeria weekly, which translates to 240…
Wema Bank Appoints New Deputy Managing Director and Executive Director
Wema Bank, Nigeria's innovative leader in banking and pioneer of Africa’s first fully digital bank, ALAT, is pleased to announce the appointment…
Dangote Seeking Bank Funding to Boost Crude Supplies to Refinery – Financial Times
*Minimum supply of 300,000 bpd costs $2bn in 3 months, says report UK, *US experts project refinery to hit full capacity in Q2, raise competition in…
Dangote Cement secures board approval to raise new bonds under N300 billion issuance program
Dangote Cement PLC has announced that its Board of Directors has approved plans to raise medium- to long-term debt funding from the domestic capital markets to improve its financial structure and support ongoing…
NNPC bought 40% of Nigeria’s 1.9m MT of fuel imports in six weeks
Amid pressure from the Dangote refinery’s management for Nigeria to stop the importation of petroleum products, a total of 1.947 million metric tonnes (MT)…
BREAKING: CBN directs banks to load ATMs, warns against disbursing cash to naira hawkers
The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs). In a statement on Friday, Solaja Olayemi, acting director, currency operations…
Tantalizers reconstitutes board, gets new majority shareholders
…Ayeni family no longer in charge Fast food company, Tantalizers Plc has reconstituted its board in line with a change in its…
Blackmailing of GTCO, CEO: Court Constrained To Grant Bloggers Bail Due To History of Being Serial…
Justice Ayokunle Faji of the Federal High Court in Lagos has ordered an accelerated trial of the four bloggers…
Wema Bank Announces Grand Finale of Hackaholics 5.0: Set to Reward Winners With ₦75 Million Worth of…
Wema Bank, Nigeria’s foremost innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has announced the…
NNPCL Reaches 1.8m Barrels Per Day Crude Oil Production
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) says it has achieved 1.8 million barrels per day of crude production following continuous dislodgement of…
NNPC, Dangote sign 10-year gas supply deal to boost domestic production
The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company (NNPC) Limited, has executed a Gas Sale and…
Govt’s Support for Dangote Refinery will Encourage Further Investments in Downstream – MAN
Manufacturers Association of Nigeria (MAN) have solicited the support of both Nigerians and the government for Dangote Refinery, to…
Wema Bank Honored at Global Retail Banking Innovation Awards 2024
… Receives Best SME Bank in Nigeria and Excellence in Digital Innovation Awards Wema Bank, recognized…
Nigeria In Talks With Saudi Arabia For $5Billion Trade Facility
Nigeria is seeking a $5 billion trade facility from Saudi Arabia to boost its economic reform program. This development comes after President Bola Tinubu met with Crown Prince Mohammed bin Salman in Riyadh, on the…
BREAKING: Multichoice Nigeria loses 243,000 subscribers in 6 months, blames economy
Multichoice Group, the South African Pay-TV operator, has revealed that its Nigerian unit, Multichoice Nigeria lost 243,000 subscribers across its DStv and GOtv services in the six months spanning April to September this…
Oil Cabals crippled Govt Refineries, now working against Dangote Refinery – Pastor Adeboye
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has urged Nigerians to pray for divine intervention in…
Lagos govt to concession Red and Blue Line rails for sustainability, loan repayment
The Lagos State Government has revealed plans to concession the operations of the Red and Blue Line rail systems to the private sector to ensure their sustainability and repay loans taken for the rail projects. The…
Value of unsold goods rises 357.6% to N1.24trn — MAN
The declining purchasing power of consumers has led to a 357.57 per cent rise in the inventory of unsold finished products of manufacturers in Nigeria to N1.24 trillion in the second half of 2024 (H1’24) compared to…
Proposed tax reforms exempt minimum wage earners from PAYE, says Taiwo Oyedele
Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, says workers earning the new minimum wage or slightly more…