Business

The currency market may have defied experts’ prediction that the informal segment would witness…

WHEN it comes to luxury, the world knows that the Rolls-Royce Ghost has no rival. The same applies to all Rolls-Royce cars. But Brabus, the world’s largest independent automobile refinement specialist has…

Access Bank Plc has entered into an agreement to acquire the entire 83.4 per cent equity stake held by Centum Investment Plc, a Kenyan-based investment company, in Sidian Bank Ltd, for the sum of about N15…

One of Nigeria’s most respected bank holding companies, FBN Holdings announced its largest single…

The Electricity Distribution Companies (Discos) raked in a total of N2.4 trillion as revenue between 2015 and 2020, the National Bureau of Statistics (NBS) has revealed. According to the NBS, revenue generated…

Nigeria’s federal government through the Nigeria Data Protection Bureau (NDPB) has announced…

Elon Musk is threatening to pull his $44 billion Twitter buyout, accusing the company of hiding information about the number of bot and spam accounts on the platform. In a letter filed with the Securities and…

Bunmi Olumekan is the current president of the Barge Operators Association of Nigeria and also managing director of Rely Maritime Limited. In this interview with ANOZIE EGOLE, he speaks on the challenges facing…

…wins haulage company of the year Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote…

Tesla CEO Elon Musk has ordered a pause in hiring in all Tesla factories worldwide, as he also planned to cut about 10% of salaried staff. A message sent to executives on Thursday laid out his concerns, his…

The United States Government has granted tax-exempt status to Dash Me Foundation (US), a non-profit, under Section 501(c)(3) of the US Internal Revenue Code. This was announced by founder of the foundation, and…

When it comes to internet penetration and adoption of mobile payments, most African countries are still very much below the global average. Even…

Tesla CEO Elon Musk has asked employees to return to the office or leave the company, according to an email sent to employees on Tuesday night. “Everyone at Tesla is required to spend a minimum of 40 hours in the…

U.S. investment firm RedBird Capital Partners has agreed a 1.2 billion euro ($1.3 billion) deal to buy Italian soccer champions AC Milan. The new owners have set the agenda: AC Milan must challenge the elite of…

First City Monument Bank (FCMB) has partnered with PressPayNg to develop a digital platform for young Nigerians to fund their…

The market Capitalization of MTN Nigeria Communications Plc declined by N142.5 billion, representing a 2.95 per cent…

Nigeria’s crude oil production increased by 70,000 barrels per day in May according to a Reuters Survey released on Tuesday. The document, which was obtained by the News Agency of Nigeria (NAN) in Lagos,…

Lekki Port LFTZ Enterprise Limited  (Lekki Port) is to take delivery of three new-generation Ship to Shore (STS)…

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…