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Business

The corporate headquarters of Gazprom Germania, the German unit of Russian natural gas company Gazprom

Germany mulls nationalising Russian oil firms Gazprom, Rosneft

According to business daily Handelsblatt, the discussions between top ministry officials and Chancellor Olaf Scholz aim to prevent massive power…
crude oil tanks at Cushing oil hub US

Biden to release 180m barrels of crude oil to crash prices

The release from May is the largest release ever from the U.S. emergency oil reserve.
L-R: Michael Nwoseh, Olawale Akanbi; Tolulope Adesokann and Olufemi Olapegba, at the eClinic Media launch held in Lagos

Interswitch re-launches eClinic

eClinic was developed with specialised modules that function at various clinical levels such as antenatal and immunisation, aggregating data from…
Chain Reactions Africa and CEO Israel Jaiye Opayemi

PR firm Chain Reactions Africa unveils Good News Nigeria

The Managing Director of the firm, Mr Israel Jaiye Opayemi unveiled the new platform at the 15th anniversary of Chain…
Putin

Breaking: Putin gives 24 hour ultimatum to EU to pay roubles for gas

Putin’s move, via a decree signed on Thursday, leaves Europe facing the prospect of losing more than a third of…
Adewale Opaleye, CEO, Alerzo Limited

B2B Technology is solving informal retail problems  – Alerzo CEO

Estimated at over $100 billion, the Nigerian informal retail sector has a chain of challenges such as mass illiteracy among…
A petrol station in India: Petrol, diesel prices reviewed

India jacks up petrol, diesel prices, 8th time in 9 days

A litre of petrol in Delhi now costs INR 101.01 (1.33 U.S. dollars or N550.69) and diesel was sold at…

Growth of Online Betting in Nigeria

The more sports a bookmaker covers, the better. If you can find sportsbooks like Betway and 22Bet that hit these…
Alwan Ali Hassan MD Bank of Agriculture

Missing in terror train: Where is Ali Hassan MD Bank of Agriculture?

So far, eight people have been confirmed killed, 26 injured, while many were abducted by the terrorists.
Uche Pedro and Theoder Innocent

Theoder Innocent named among top 10 Nigerian young entrepreneurs

Today’s millennials have done the same, looking for novel approaches to achieve bigger goals. For a country with as much…
Tijani Babatunde Folawiyo

JUST IN: Court orders AMCON take over Babatunde Folawiyo’s assets

The asset seizure was ordered based on Falawiyo's unpaid debt of N727.9 million.
Stefano Cao CEO Saipem

Saipem books massive loss for the second year

The Board of Directors has convened the Shareholders' Meeting in ordinary and extraordinary session, for May 17, 2022 in a…
EFCC

Why Naira stabilised at exporters window – Emefiele

Emefiele said that editors and finance correspondents were expected to play a critical role in public sensitisation towards the success…

Tomato Jos Launches First Wholly Made in Nigeria Tomato Mix 

 Tomato Jos Farming and Processing Limited has launched its much-anticipated Tomato Jos paste variant into the Nigerian market. The new tomato paste…
Elon Musk, Chancellor Scholz at the opening of the Tesla gigafactory in Germany

Elon Musk opens Tesla’s gigafactory in Germany

"This is a great day for the factory," Musk said, describing it as "another step in the direction of a…
Gov. Zulum, Dangote, President Buhai, Sanwo-Olu and Fayemi at the opening of Dangote Fertilizer plant

Dangote’s urea fertilizer exports for Brazil, U.S., Mexico, India

Fertilizer prices have been rising at a time when planting usually picks up around the world, especially after Russia, the…
President Buhari at the new Lagos Airport terminal

Buhari inaugurates terminal with 66 check-in counters for MMIA in Lagos

The terminal has sixty-six check-in-counters, sixteen Immigration desks at arrival, twenty-eight Immigration desks at departure, and eight security screening points,…
Buhari

Buhari orders Finance Minister to look for special funding for Abuja Airport

Speaking at the inauguration of the new Terminal Building, Murtala Muhammed International Airport, Lagos, the President also directed the Minister…
FCCPC summons pay MultiChoice Nigeria over the increase in the monthly subscription fees of packages on its DSTV and GOTV platforms

MultiChoice announces new prices for DSTV, GOtv packages

A statement from the company on Tuesday said the decision to increase prices for DSTV and GOtv packages was a…
Electronic payment

The Need for Innovative Security Solutions in a Vulnerable, Digital World

As Nigeria's digital landscape expands, there is a need for more innovative ways to tackle associated risks with electronic banking.
Riad Salameh Lebanon's Central bank governor

Lebanon’s Central Bank governor Salameh charged with with illicit enrichment

Salameh, 71, has been governor of Lebanon's central bank for nearly three decades. His tenure has faced increased scrutiny since…
Bello-Koko MD of NPA

NPA boss vows to eliminate corruption at ports

According to him, the maritime outfit would operate in compliance with the standard operating procedures as stipulated in the Nigerian…
We are committed to solving problems in Africa - Interswitch

We are committed to creating solutions in Africa – Interswitch

Interswitch is on a mission to train more Africans to create innovative solutions to tackle the various issues plaguing Africa.
Bristol Myers Squibb

Bristol Myers sues AstraZeneca over cancer drug patents

A Bristol Myers subsidiary previously won $1.2 billion from a Gilead Sciences unit whose lymphoma immunotherapy Yescarta from a different…
Chinese Yuan

China cuts income tax for some small firms

Small firms will be subject to the lower income tax until the end of 2024 from the start of 2022,…

JUMIA partners top brands for Tech Week 2022

Consumers will also stand a chance to win prizes and enjoy more exciting deals during daily Check-In, Flash sales, Treasure…
DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

Nigeria’s public debt close to N40 Trillion

Oniha said that the amount represented the total external and domestic debts of the Federal Government, 36 state governments as…
Ex- Kano lawmaker Yusuf Sulaiman says emergence of Abdullahi Ganduje as National Chairman of APC has sent jitters to the camp of the PDP.

Kano dissolves KACCIMA executives

The action was necessitated by the inability of the current leadership of KACCIMA to organise a fresh and acceptable election,…
Naira

ICYMI: Nigerian banks suspend foreign cash withdrawals with Naira cards

Commercial banks had been limiting the amount individuals can withdraw with their debit cards while abroad to ease foreign currency…
Ecobank

Ecobank to pay $40 million dividends to shareholders

This implies approximately CFA90, N66.6, or 1.08 Ghana Cedi per share. For Nigerian and Ghanaian investors, this represents 5.5 times…
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