Business

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…

* Says inflows from Eurobond, SDR will boost forex supply Amid a spate of measures being put in place by the Central Bank of Nigeria (CBN) to reduce pressure on the nation’s foreign exchange market, analysts from…

*Begin interrogation of suspects*Despite NNPC’s efforts, petrol queues persist in Abuja, Lagos Security agencies have begun the probe of companies and individuals allegedly involved in the importation of toxic fuel into…

Germany’s Lufthansa group is suspending flights to and from the Ukrainian cities of Kyiv and Odessa from Monday, a spokesperson said on Saturday amid growing fears of a possible Russian invasion. The company, which owns…

The management of a Lagos hotel has raised the alarm on how scammers are targeting customers by deceiving them into paying money into a private bank account belonging to the scammers…

Apple is the most valuable company on the planet. And as a reward for the iPhone maker's success, CEO Tim Cook stands to receive nearly $100 million in compensation for 2021.…

The International Monetary Fund (IMP) has noted that the non-oil sector of the Nigerian economy could be stronger, benefitting from its recent growth momentum, higher…

Lagos is set to host its first major concert of the year this weekend as leading financial institution, Fidelity Bank Plc, hosts The Euphoria concert featuring leading music…

Flutterwave says it has raised another $250 million in Series D funding, valuing the company at over $3 billion as the brand continues to transform the way Africans transact on the continent and worldwide. The latest…

Bitcoin (BTC) passed $44,500 at the Wall Street open on Feb. 15 with traders compounding overnight enthusiasm. Data tracked local highs of $44,543 for BTC/USD on Bitstamp. Already up over 6% on the day, the pair saw a…

Louis Vuitton, LVMH’s top fashion brand, will raise prices globally on Wednesday as a result of increased manufacturing and transportation costs. A spokesperson for the French luxury goods company disclosed this to Reuters…

American actor Zachary Horwitz, professionally known as Zach Avery, swindled investors of $650 million in a huge Hollywood Ponzi scheme. And he used the money to lead a lavish lifestyle, buying a $5.7 million Beverlywood…