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Business
Price Of Star, Gulder Lager Beer, Others To Jump In NB Plc New Price Hike
Following the macro economic volatilities and high cost of production, the prices of Star, Gulder lager beers and other…
Adenuga’s wealth on the rise as Dangote remains Africa’s richest man
Mike Adenuga, chairman of Globacom, a telecommunication company in Nigeria, has seen his wealth grow to $7.3 billion from $6.1 billion in 2021. The 68-year-old business tycoon is the second richest African and No…
Bank of Ghana Bans All Foreign Currency Transactions
The Bank of Ghana has issued a directive banning the pricing, advertising, receipting or…
Airbus Overtakes Boeing, Delivering More Aircrafts In Two-Years
Airbus has delivered 1,376 units of aircraft between January 2020 and December 2021, dwartfing Boeing’s 466 deliveries for that period, according to Finbold. Airbus took advantage of the recent challenges around…
Dangote Fertiliser to train over 1 million farmers in three years
Towards enhancing agriculture and creation of jobs, Dangote Fertiliser Limited is to train over one million farmers in the…
‘45% for FG, 29.7% for states’ — RMAFC presents new revenue sharing proposal to Buhari
President Muhammadu Buhari has received a report on the review of the vertical revenue allocation formula…
Zenith Shareholders Reap Bumper Harvest as Bank Pays N97.3bn Dividend
Shareholders of Zenith Bank Plc have unanimously approved the bank’s proposed final dividend, expressing delight at the final dividend payment of N2.80 per share which brings the total payout for the 2021 financial…
Lagos-born Tope Awotona now tech billionaire in U.S. – Forbes
Forbes has profiled Tope Awotona, the 40-year-old founder and chief executive of $3 billion worth Calendly, a meeting scheduling platform. Nine years ago, Awotona started Calendly, pouring his life savings of…
E-payment transactions rise 2.1 % to N29trn
•As volume of PoS transactions falls The value of transactions performed through electronic payment channels rose…
Businesses Scale Down Operations On Rising Energy Costs
Several investors and business managers have begun to scale down operations in response to the rising energy cost that has worsened the harsh operating…
Elon Musk to join Twitter’s board of directors
Elon Musk will join Twitter’s board of directors, the social network’s chief executive announced Tuesday, a day after the Tesla boss bought a major stake in the company and became its largest shareholder. “I’m…
As Russia Demands Rubles For Gas: What Options For The West?
The Russian President, Vladimir Putin, Thursday, issued a decree demanding payment for the natural gas in rubles, a demand apparently intended to help bolster his country’s currency. However, European leaders…
Customs Generates N51.6bn From Vehicle Importers In Lagos
The Ports Terminal Multiservices Limited (PTML) command of the Nigeria Customs Service (NCS), on Tuesday, said it generated a…
DMO opens two FGN savings bonds for subscription at N1,000 per unit
The Debt Management Office (DMO) says it has offered two federal government of Nigeria (FGN) savings bonds for subscription at…
Nigeria asks Apple, Google to delete more loan apps as FCCPC uncovers owners
The Federal Government of Nigeria has served supplementary orders to Apple’s Appstore and Google Play Store to take down more loan apps.…
Dash Me Store Rekindles My Love for the Vulnerable, Needy People – Adeosun
Former Minister of Finance, Mrs. Kemi Adeosun, has explained that the Dash Me Foundation and its online thrift-for-charity initiative known as Dash Me Store were…
NIN-SIM linkage: Telcos, FG may lose N66.74bn
Telecommunication companies (telcos) and the Federal Government are at risk of losing an estimated N66.74bn to the barring of…
Private labs rake in N26bn from COVID-19 tests
Private laboratories in Nigeria raked in at least N26 billion from running COVID-19 Polymerase Chain Reaction (PCR)…
Emirates To Help Establish Nigeria Air
Emirates Airlines, one of the biggest Middle East carriers, has offered to help set up Nigeria’s national carrier, the Nigeria Air. The Federal Ministry of Aviation recently advertised for expression of interest for…
Data Services Expected To Supply N775bn Of MTN’s Earnings Again In 2022
Data services have been the cash cow for MTN Nigeria Plc for the second year to 2021 and the position is expected to be maintained,…
Fidelity Bank Grows PBT by 35.7% to N38.1bn for FY 2021
……Proposes dividend of 35 kobo Per Share Leading financial institution, Fidelity Bank Plc has recorded 35.7% growth in Profit Before…
Dangote Refinery, a Game Changer that’ll drive Africa’s Refining Revolution, says FG
The Federal Government has described the 650,000 barrels-per-day Dangote Petroleum Refinery as a…
MTN Nigeria paid N757bn tax in 2021
MTN Nigeria Communications paid a total of N757bn direct and indirect tax to government agencies in 2021, it has been revealed. This was disclosed during the National Tax Dialogue Event organised by the Federal…
Aliko Dangote, Africa’s richest man, gains $915 million in Q1, now worth $20 billion
Aliko Dangote, the richest man in Africa, posted decent gains in Q1 despite increased geopolitical…