Business

Encouraged by his huge investments and philanthropic activities in the country, President Muhammadu Buhari and his host, the Governor of Kaduna…

The price of bread, one of the most commonly eaten staples in most Nigerian homes is set to rise if the current Russian-Ukrainian war persists. Russia is the world’s largest exporter of wheat, accounting for more…

Members of the Port City of Apapa woke up on Monday to witness a disruption of commercial activities at the Tin-Can Island Port, Lagos. The sudden halt of commercial…

Canada, the United States, Britain and the European Union on Friday said they could act to exclude Russia from the SWIFT global interbank payments system in a further round of sanctions aimed at halting Russia’s invasion of…

With spell binding musical performances from Johnny Drille, Chike and Fave as well as interesting games, The Euphoria lived up to its billing as a major A-class event…

Seplat Energy entered into a contract with a Nigerian unit of Texas-based supermajor Exxon Mobil, Mobil Producing Nigeria Unlimited (MPNU), with a view to…

The Nigerian Communications Commission (NCC) says MTN Nigeria and Mafab Communications Limited have made their full payment of $273.6 million each for the fifth generation (5G) spectrum licence. In December 2021, after 11…

The Economic and Financial Crimes Commission, EFCC, has grilled Abubakar Suleiman, the chief executive officer of Sterling Bank Plc and two other top…

Operator TotalEnergies has made a significant discovery of light oil and associated gas off the coast of Namibia, the company said on Thursday. The large discovery was made in the Venus-X1 well, the second recent…

Financial Technology company, SystemSpecs, has announced the appointment of Ernest Ndukwe as the chairman of the company. Mr Ndukwe is the former executive vice chairman of the Nigerian Communications Commission (NCC)…

Protests by freight forwarders and customs brokers at the Lagos Port, which began at the weekend, may have cost the country over N200 billion as port activities remained paralysed as of yesterday evening. Port expert and…

Nigerian airlines are in dire straits. They are seeking help to allow them to stay afloat as they say that they are overwhelmed with a myriad of issues that threaten their existence. Rising from a meeting yesterday, the…

The crypto market fell heavily on Thursday due to the growing scale of war in Ukraine as missiles continue to rain down on its capital city, Kyiv, while its airport was captured by airborne troops. According to data…

Petroleum marketers have loaded 387 million litres of petrol in the third week of February, 2022. The Premium Motor Spirit (PMS) also called petrol would be…

Leading financial institution, Fidelity Bank has reiterated its commitment to enriching the lives of its customers as it announced the third set of 10 millionaires in…

Purple Lekki and Ventures Park announced today that both companies have entered into a strategic partnership for an iconic private office / co-working space…

Fidelity Bank Plc, a leading Nigerian bank, has reaffirmed its commitment to actively support the Central Bank of Nigeria's (CBN) efforts to achieve its…

The Federal High Court sitting in Kano has refused to grant an interlocutory injunction sought by the Coca-Cola company seeking to stop Pop Cola from continuing its business pending the hearing and determination of the…

Global oil prices trade near $100 per barrel on supply disruption worries as tensions between Russia and Ukraine escalated. The latest price is above the oil benchmark of $62/barrel in . The development is coming after…

Our attention has been drawn to some recent reports tagged ‘2022 DANGOTE CEMENT PROMO START’ purportedly published on the front pages of some national dailies. The report…

MTN Nigeria Communications Plc and Airtel Nigeria both raked in N2.02tn from airtime and data revenues in 2021, according to the financial statements of the two companies obtained by our correspondent. The amount…

Credit Suisse handled billions of dollars in dirty money for decades, an international media investigation based on a massive data leak has claimed in the latest setback for Switzerland’s second-largest bank. The bank held…

Beijing will include more than a dozen fertility services in a government-backed medical insurance scheme for the Chinese capital, state media reported on Monday. This is to support those seeking to have babies with…

The Ghana cedi has been ranked as the second worst-performing currency. The local currency has depreciated by 4.70% to the US dollar. A report by Joy Business indicated…