Business

Bakers under the aegis of the Premium Breadmakers Association of Nigeria have announced plans to halt production of their products, effective Thursday. According to a statement signed by the President…

Experts have said the 14 per cent interest…

Twitter Inc will get an October trial in its legal fight to hold Elon Musk to his $44 billion takeover, after a Delaware judge said on Tuesday the social media company deserved a quick resolution of the…

Netflix, America’s streaming giant, says it lost about 970,000 subscribers in the second quarter (Q2) of 2022. The company’s leadership disclosed this on Tuesday in an interview on its while speaking on…

The Central Bank of Nigeria has threatened to arrest and prosecute Nigerians using naira to buy dollars. “For those taking money from banks to buy dollars, it is illegal to do so. If the security…

Dangote Industries Limited (“DIL” or the “Group”),…

Mafab Nigeria Communications Limited is in a race to secure its Unified Access Service Licence in order to be ready for the August 24 5G launch timeline of the Nigerian Communications…

The Central Bank of Nigeria on Tuesday hiked the Monetary Policy Rates (MPR) from 13% to 14%. Godwin Emefiele, governor of Nigeria’s apex bank, made this known while briefing the media in Lagos.…

A Federal High Court sitting in Lagos has ordered FBN Holdings Plc. to maintain the status quo by putting on hold the appointment of Mr. Nnamdi Okonkwo as the Group Managing Director and Mr. Julius Omodayo…

Mele Kyari, group chief executive officer, Nigerian National Petroleum Company (NNPC) Limited, says the company will soon disclose its asset base in view of its current status. Kyari made this known on…

The Association of Corporate Affairs Managers of Banks (ACAMB), a banking industry corporate communications and…

President Muhammadu Buhari on Tuesday unveiled the new Nigerian…

The Nigerian National Petroleum Limited has approved an upward review in the…

FBH Holdings Plc has reacted to a court injunction…

•FG to Halt funding as national oil company transforms fully to commercial entity today •Eyes IPO in June 2023 as Kyari assures NNPC will run as world class firm • Says Dangote refinery ready…

The euro has fallen below the dollar for the first time in nearly 20 years as the war in Ukraine pushes the single currency down. A single euro bought $0.998 on the foreign exchange market; down by 0.4 per…

…plants 7,205 trees to commemorate the 2022…

The top executives of a United States-based fintech company, Ping Express have been sentenced to 27 months imprisonment for breaching money laundering rules. The fintech executives who are Nigerians with the names…

The Norwegian crude oil storage vessel firm wants to leave Nigeria to focus…

If Twitter’s lawsuit over Elon Musk’s $44 billion buyout bid ever reaches trial, the case will likely center on a ubiquitous and often unloved technology: bots. The information Twitter has or has not…

The Lagos state high court sitting at Osborne, Ikoyi, has ordered Imagine Global Holding Company Limited and its owners, Bamise and Elizabeth Ajetunmobi, to pay N18.9 billion to aggrieved investors. On…

MTN has said it is into discussions to acquire the entire issued share capital of…

The Nigerian economy is expected to plunge deeper in the months to come as inflation in the country is…

Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has appointed nine directors to oversee the…