Business

Oil prices rose on Tuesday after the European Commission (EU) countries agreed to ban 90 percent of Russian oil imports by end of 2022. Brent crude futures, the global oil benchmark, was up by 1.64 percent,…

The Nigerian Customs Service, said it has so far generated about N2 billion from the revalidation of documents of private aircraft across the country. The service had in June 2021 threatened to detain private…

The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality…

The U.S. Securities and Exchange Commission (SEC) is looking into Tesla Chief Executive Officer Elon Musk’s disclosure of his stake in Twitter Inc in early April, according to a letter the agency sent to him that…

Elon Musk, SpaceX founder, says Starlink, the company’s satellite internet service, has been approved in Nigeria.…

First Bank of Nigeria Holdings (FBN) has clarified its 5% and above shareholders following the faceoff between Femi Otedola and Tunde…

Uber yesterday said it hit one billion trips in Africa since entering the market less than 10 years ago. The trips amounted to over 10 billion kilometres of trips, which is equivalent to travelling to the moon…

Glencore, a mining and commodities trading firm, has agreed to pay over $1.1 billion as a settlement for various contract manipulations, including paying bribes to several African countries to secure crude oil…

Billionaire Elon Musk has been sued by Twitter Inc investors claiming he manipulated the company’s stock price downward. The suit comes as the chief executive of electric carmaker Tesla Inc (TSLA.O) mounts a $44…

A total of N532.48 billion from company income tax (CIT) has accrued to the Federal Inland Revenue Service (FIRS) in the first quarter…

The Nigeria media space has been abashed with the story of the richest man in Africa, Mr Aliko Dangote being broke and needing a... The Nigeria media space has been abashed with the story of the richest man in…

The Chairperson, Stanbic IBTC Bank Plc, Ms. Sola David Borha has urged women across boards to embrace corporate governance and subject themselves to their organisation’s policies in other to rise above bias in today’s…

The federal government has introduced a new telecommunications tax to provide finance to subsidise the cost of provision of…

President of the Dangote Group, Aliko Dangote has challenged state governments to consider as topmost priority, the…

The Central Bank of Nigeria (CBN) yesterday debunked reports that it planned to replace the conventional Naira notes in circulation with digital currency, otherwise known as the eNaira, in due course. This is…

Mercedes-Benz 300 SLR Coupe, dubbed “the Mona Lisa of cars” has become the most expensive automobile ever sold in an invitation-only auction. The car, which was never produced for commercial use, sold for €135 million…

The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into the e-Naira. The Delta State Branch Controller of CBN, Mr Godwin Okafor, stated…

Lebanon has received an Interpol red notice for the arrest of ex-Nissan boss Carlos Ghosn at France’s request, but it is unlikely to extradite him, a court official said Thursday. “Prosecutor Ghassan Oueidat has…

Three businesswomen and customers of Polaris Bank have dragged the bank before a Surulere Magistrate Court in Lagos over alleged freezing of their domiciliary and Naira accounts with the bank and subsequent illegal…

Last month, noted homeless billionaire Elon Musk announced his intent to buy Twitter. The announcement…

The outgoing Chairman of Seplat Energy Plc, Dr Ambrosie Orjiako, who retires today from the company, may be given a new role…

Dangote Refinery has concluded plans to raise $750 million through bonds to complete its refinery project in the…

In the first three months of the 2022 financial year, Dangote…

Africa’s largest Cement manufacturer, Dangote Cement Plc Dangote Cement Plc has emerged the Best Performing…