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Business

Asian share markets

Asia’s stocks retreat as virus threatens economic reopening

Asian share markets began the week with a cautious tone on Monday as the relentless spread of the coronavirus finally…

Stone crushing business recommended for Plateau youths

A Stone breaker at the Mazaram Ray Field Quarry, Jos, Mr Daniel Ayinzat, on Sunday advised youths in Plateau to…
Access Bank staff Akintayo charged with N42 million fraud, remanded in custody

Nigerians call out Access bank over double stamp charges

Aggrieved Nigerians have taken to their social media pages to call out Access bank over repeated stamp-duty charges that was…

Eko Electric (EKEDC) announces date to commence new tariff

Eko Electricity Distribution Company (EKEDC) has announced that it would commence implementation of the upward review of electricity tariff from…

74% businesses stop operations due to COVID-19

Research reveals that 74.2 per cent of businesses in Nigeria stopped operating due to the Coronavirus (COVID-19) pandemic.

Baba Ijebu, Bet9Ja pay N1billion to Federal Govt to settle debt

Two frontline lottery operators in Nigeria, Premier Lotto a.k.a Baba Ijebu and KC Gaming, a.k.a Bet9ja have remitted N1billion to…

Google to pay content creators in Australia, Brazil, Germany

Google on Thursday agreed to pay some media groups in Australia, Brazil and Germany for high-quality content, expecting to do…

COVID-19: FEC approves N2.3trn to address disruption of economy

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N2.3 trillion stimulus package to support…
Akinwumi Adesina President of AfDB: bank debars Maxicare Nigeria Limited

AfDB ranked 4th in transparency among global development institutions

The African Development Bank(AfDB) has been ranked fourth out of 47 global development institutions on 'Publish What You Fund' Aid…

World Bank approves $750m loan for Nigeria’s power sector

The World Bank has approved $750 million International Development Association (IDA) credit for Nigeria’s Power Sector Recovery Operation (PSRO), to…

Venezuelan oil tankers with 18.1m barrels stuck at sea

Sixteen Venezuelan oil tankers carrying 18.1 million barrels are stuck at sea as global refiners shun the crude to avoid…

Travel, tourism, most hit by COVID-19 – Travel Founder

US-based Nigerian travel expert and founder of a travel outfit known as Jetblack Travel, Dr Alexander Oladele has expressed optimism…
Market

MTN subscribers send 3.71 billion free SMS

Ferdi Moolman, the MTN Nigeria CEO said that the network had provided 3.71 billion free Short Message Service (SMS) for…

2 percent of Volkswagen workers contract coronavirus

Volkswagen AG’s Mexican unit said about two per cent of its workers tested for coronavirus had contracted the disease at…
Aliko Dangote, promises automatic employment to first class graduates of Kano University of Science and Technology

Dangote Cement records N900b turnover, employs 54,000 workers

President of Dangote Group, Aliko Dangote has said that despite the challenging economic situation in 2019, Dangote Cement was able…
South African Airways

Unions oppose South Africa Airways rescue plan, vow court action

Two South African unions on Friday rejected job cuts proposed to rescue South African Airways from bankruptcy.

Suspects accused of looting South Africa’s bank docked

Seven suspects accused of taking $132.43 million from VBS Mutual bank in 2018 pleaded not guilty to 47 counts of…
Joseph Ayikoi-Otoo

“Africa’s main challenge is identifying different ecenomic classes – Ayikoi Otoo

The Ghanaian High Commissioner to Canada, Ayikoi Otoo, Esq has said one of Africa’s major challenges is identifying the different…

Nigeria enters U.S. good books on fiscal transparency

The United States has classified Nigeria among 14 countries that made “significant progress” towards meeting its minimum fiscal transparency requirements…

The system thinker: Adeleke Hassan rebuilding of Nigerian supply chains

Pelumi Sowemimo Supply chains in Nigeria are rarely linear. They move through a tangle of informal networks, improvised warehousing, and…
Netflix

Netflix to support black creators, business owners with $5 million

American streaming platform, Netflix said it will donate $5 million to organizations dedicated to creating opportunities for Black creators, Black…
Rice Farmers Association of Nigeria

USAID trains rice farmers in Delta

Chief Silver Ejezie, Delta Chairman, Rice Farmers Association of Nigeria (RIFAN) says USAID has commenced a training programme for rice…
Dangote cement maiden clinker shipment from Apapa port

Dangote puts Nigeria on the world map

Dangote Cement put Nigeria on the world map with the exportation of 27,800 metric tonnes of clinker to a neighbouring…

BP takes $17.5b punch from coronavirus

British energy giant BP said Monday that it will take a hit of up to $17.5 billion in the second…

FBN Holdings wins World Finance award for the second time

FBN Holdings (FBNH) Plc, has won the 2020 Best Corporate Governance in Nigeria Award put in place by the World…
Saudi Aramco

Saudi Aramco buys petrochem giant SABIC for $69.1b

Saudi Aramco has acquired 70 per cent shares of Saudi Basic Industries Corp (SABIC) for $69.1 billion. The acquisition was…
China fines Alibaba group

Alibaba launches shopping festival

E-commerce giant Alibaba launched its first shopping festival designed to promote intangible cultural heritage (ICH) on China's Cultural and Natural…

Nigeria fully complies with OPEC+ quota: Mele Kyari

With its current daily oil production, Nigeria has over-complied with its OPEC+ quota, Mele Kyari, the group managing director of…

Access Bank manager Nwaru Jerry Nnamdi charged with stealing N14m

Police in Lagos have charged the Ketu Branch Manager of Access Bank Plc, Mr Nwaru Jerry Nnamdi, with stealing N14m.
Jack Dorsey, Twitter CEO stepping down

Twitter removes over 32,000 suspicious accounts

Twitter on Friday removed more than 32,000 accounts for violating the social platform's manipulation policies.
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