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Business
NNPC signs $1.4bn financing deal for hydrocarbon project
The Nigerian National…
Russia, central to world energy crises solution
Forget the Russia-Ukraine war which appears more or less a political crisis, key solutions to the world energy crises, still revolves around Russia. At least, activities, discussions and…
Twitter Clash With Apple A Misunderstanding – Musk
Twitter owner Elon Musk said he met with Apple chief Tim Cook on Wednesday and “resolved the misunderstanding” that prompted him to declare war on the iPhone maker’s App Store. “Among other…
CBN defends naira with $11.24bn in seven months
The Central Bank of Nigeria injected $11.24bn into the economy to stabilise the value of the naira from January 2022 to July. This was obtained in the banking regulator’s monthly…
‘We had limited time’ — CBN speaks on naira notes redesign
The Central Bank of…
CBN speaks on purported plan to introduce N5000 note
The Central Bank of Nigeria (CBN) has clarified its position on the introduction of the N5000 note, saying that it has no plan for a new note. Ahmed Umar, the Director, Currency Operations of…
Investors in last-minute rush as Fed Govt’s N100b Sukuk closes
Investors are making last-minute efforts to meet application deadline as the offer period for the ongoing sovereign Sukuk by the federal government ends today. A survey of receiving…
Amazon shuts down business in India
U.S. online retailer, Amazon will shut down its wholesale distribution business in India as it moved to focus more on its core retail business. This was announced on Monday by a…
Amber group Crypto founder, Tiantian Kullander dies at 30
The co-founder of Hong Kong-based digital asset company Amber Group, Tiantian Kullander has died at the age of 30 while sleeping. Amber Group’s website confirmed the news “with the…
New naira notes will reduce inflation in Nigeria – Economist
Suleiman Lawal, a lecturer at the Economics Department, Umaru Musa Yar’adua University, Katsina (UMYU), says the new naira notes to be introduced mid-December by President Muhammadu…
NNPC petrol price without subsidy is N400/litre – Marketers
The lowest price the Nigerian National Petroleum Company Limited can sell Premium Motor Spirit, popularly called petrol, to marketers, assuming there is no subsidy, is…
Ovia lauded as Zenith Bank names UNILAG building after Ibidapo-Obe
Zenith Bank Plc has named the building housing its UNILAG branch and the University of Lagos (UNILAG) Alumni in honour of a former Vice Chancellor of the University of Lagos, the…
Elon Musk Called CEOs Of Top Companies That Stopped Advertising On Twitter To Complain, Says Report
The billionaire owner of Twitter, Elon Musk has called up the chief executives of companies that pulled advertising spending from Twitter to complain, the Financial Times reported.…
Apple interested in buying Manchester United in £5.8billion deal
US tech giant Apple is reportedly interested in buying Manchester United. United announced earlier this week that the world’s biggest football club is up for sale. With the club in the market,…