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Business

FBI recovers cryptocurrency ransom paid to U.S. Colonial Pipeline hackers

Hackers of U.S. Oil Pipeline want ransom paid

Hackers of U.S. fuel pipeline operator said in a news release on Monday that its goal was to make money…
India

The Brilliant Use of Social Media For Business and Leadership

By Ada Ikechukwu COVID-19 changed the way businesses were being conducted across the world. Social media and the Internet was…

Top 5 real estate developers making waves in Nigeria

By Taiwo Okanlawon There are CEO’s who have shown exemplary leadership and have successfully positioned their companies as a leader…
Winpart

CFAO’s Winpart launches Spare Parts e-commerce website

Nigeria’s fast-growing distributor in original vehicle maintenance spare parts, Winpart, has launched an e-commerce website.

CFM reiterates promise to Nigeria’s wheat value chain

Crown Flour Mill Limited, a subsidiary of Olam Nigeria, has re-echoed its promise to continue to collaborate with other stakeholders…

VAT increases by N41.7bn – NBS

The National Bureau of Statistics (NBS) has said that Value Added Tax (VAT) increased by N41.7 billion in Quarter One…
Italian, German criminals now use Bitcoin

Why everyone is talking about Bitcoin

Bitcoin remains a dominant subject in various discussions about global financial markets, investments, and digital currencies.
Interswitch

Interswitch reaffirms commitment to STEM development

Interswitch has reaffirmed its commitment to STEM development and announced registrations for Interswitch SPAK 3.0.

Harith launches $200m top up fund

Harith General Partners, one of the largest investors in African Infrastructure, has announced a US$200 million capital raise in a…
Fraud

Nigeria’s first law-focused tech hub launched

Nigeria's first full-service law-focused tech hub has launched and commenced operations in Abuja, the nation’s capital.
Hadiza Bala-Usman sacked by by President Buhari

Maritime stakeholders back suspension of Hadiza Bala-Usman

Some maritime stakeholders in Lagos backed the Federal Government’s suspension of Hadiza Bala-Usman as the Managing Director of the Nigerian…
Port Harcourt Refinery awaiting $1.5 billion makeover

NNPC begins Port Harcourt refinery repairs

The Nigerian National Petroleum Corporation (NNPC) has kicked off the Port Harcourt Refinery rehabilitation with a promise not to fail…

Buhari sets up panel to probe suspended NPA MD Hadiza Bala-Usman

President Muhammadu Buhari has approved the setting up a panel of inquiry to probe the suspended Managing Director, Nigerian Port…
Abubakar Suleiman Sterling Bank CEO

Shareholders give Sterling Bank plaudits

Shareholders of Sterling Bank Plc have commended the board and management of the bank for resilience, improved performance and returns…
Naira

CBN’s Naira 4 dollar scheme extended indefinitely

The Central Bank of Nigeria (CBN) has indefinitely extended its Naira 4-dollar scheme which was scheduled to end previously on…
Despite recording 22.4 percent increase in sale Nestlé Nigeria PLC, has declared N79.5bn Profit After Tax Loss for the 2023 financial year

Nestlé records N87.3bn revenue in Q1 2021

Nestlé Nigeria Plc said it recorded revenue of N87.3 billion in its financial results for the first quarter of 2021,…

Jeff Bezos sells $2 billion worth of his Amazon shares

Amazon boss Jeff Bezos has sold nearly 2 billion dollars' worth of his shares in the online retailer this week.
Wheat

Wheat value chain important to Nigeria’s job creation, food security

The wheat value chain continues to play key roles in providing employments for the active segment of the population while…
United Nigeria Airline

United Airlines increases flight frequencies on Lagos-Abuja route

By Yunus Yusuf/Ikeja United Nigeria Airlines announced an increased in its flight frequencies from Lagos to Abuja and verse versa…
L-R Angela Ellard and Anabel Gonzalez

Okonjo-Iweala appoints 2 women out of 4 WTO DDGs

WTO director-general, Ngozi Okonjo-Iweala has announced the appointment of her four Deputy Directors-General, with two women among them.
NAMA grounds operations of Arik Air over enforcement of the court judgment on $2.5m owed by the airline to Atlas Petroleum International Ltd.

Arik Air resumes Maiduguri flights

Arik Air said it will resume flights to Maiduguri, Borno state capital, from Nnamdi Azikiwe Airport Abuja from May 10.
MTN Nigeria Communications Plc generates N1.0 trillion in service revenue in first quarter of 2025, a 40.5 per cent increase from Q1 2024.

MTN hits N73.8bn profit in 2021 First quarter

MTN Nigeria Communications says it has recorded a profit after tax of N73.8 billion in the first quarter of 2021.
Verizon sells Yahoo, AOL

Yahoo, AOL offloaded for $5billion

Verizon will sell its media group, including Yahoo and AOL to private equity firm Apollo Global Management for $5 billion,…
Magdalene Ajani, Hadiza Bala Usman and other visitors at the Lekki Deep Seaport on May Day

Lekki Deep Seaport will change Nigeria’s maritime economy

The Federal government said the Lekki Deep Seaport will be a significant game-changer in Nigeria’s Maritime economy with corresponding benefits…
Oba Otudeko

Oba Otudeko sacked FBN Holdings chairman speaks

Oba Otudeko, sacked chairman of the FBN Holdings and the man accused by the CBN of insider loan deals at…
Interswitch

Interswitch strengthening Fintech ecosystem through partnerships

“Alone we can do so little; together we can do so much.” This statement aptly describes the success achieved in…
Jack Ma's Alibaba leads global firms in e-commerce

Global e-commerce sales hit $26.7 trillion, 3 Chinese firms in top 4

Global e-commerce sales jumped to $26.7 trillion globally in 2019, up 4% from 2018, and even grew higher in 2020…

How Mark Z Real Estate created millions of dollars

Mark Z, CEO and founder of Mark Z Real Estate Experts and Z Capital, has narrated how he built his…
Novarick Team

Workers’ Day: Novarick celebrates team productivity

The management of Novarick Homes and Properties showered praises on the entire staff as they celebrate this year’s International Workers’…
L-R: Tokunbo Adodo, Vice President, Corporate Brands and Marketing; Dinesh Balsingh, Chief Commercial Officer (CCO); Emeka Oparah, Vice President, Corporate Communications & Corporate Social Responsibility and Seun Soladoye, Marketing Director, all of Airtel Nigeria at the media unveiling of Airtel New TV Commercial: ‘The Rainmaker’ in Lagos recently.

Airtel reaffirms commitment to reliable data experience

Leading telecommunications services provider, Airtel Nigeria, has unveiled a thrilling Television Commercial (TVC) dubbed ‘The Rainmaker’.
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