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Business

Yakuzak taking over from Olusegun Awolowo

Buhari appoints Yakusak CEO of NEPC, Awolowo ends second term

Yakusak, the Director, Policy and Strategy of the council, will succeed Olusegun Awolowo, who has been at the helms since…
Elon Musk and Jeff Bezos

Elon Musk leapfrogs Bezos for world’s richest title

According to Bloomberg billionaire Index of 500 leading billionaires, Elon Musk's personal wealth is now $222 billion, widening the gap…
Senate committee lauds CAC Registrar General on reforms

Senate committee lauds CAC chief on reforms

Sen. Francis Fadaunsi, Chairman of the Committee, gave the commendation when he led other members on an oversight visit to…
World Bank

Low, middle income countries’ debt hits $8.7T: World Bank

For low income countries alone, the debt burden increased by 12 per cent to $860 billion.
L-R): Mustapha Lukman, Divisional Head, Commercial and Business Banking Division, Managing Director/Chief Executive Officer, Tony Okpanachi, Managing Director/CEO, FCMB, Mrs. Yemisi Edun receiving the Award for the DBN Platinum Service Ambassador and Group Head, Business Banking, George Ogbonnaya recently in Lagos

Development Bank of Nigeria celebrates Service Ambassadors

In commemoration of the 2021 Customers Service Week, Development Bank of Nigeria celebrated its Participating Financial Institutions (PFIs), with a…

Quickteller Paypoint marks 2021 Customer Service Week

With the theme “Power of service”, Quickteller Paypoint recognized 40 transacting agents in October across four different regions in Nigeria.
IMF boss, Ms. Kristalina Georgieva under attack

Don’t throw away IMF’s Georgieva, Mo Ibrahim cautions hawks

Ibrahim said Georgieva is a victim of US-China tussle, just like Tedros Ghebreyesus of the World Health Organisation.
Duoye Diri, Bayelsa governor woos Chinese govt. for developmental assistance

Gov. Diri woos Chinese investors to Bayelsa

The Bayelsa governor noted that his Government has identified four areas of investment, which are fish farming, rice, cassava and…
MTN ‘Extremely Sorry’ Over Network Outage

‘We are extremely sorry’: MTN issues statement

One of Nigeria’s largest mobile telecommunications companies, MTN, has apologized for its service failures over the weekend.
oil prices rise again> Above an oil rig

Oil prices rise again amid global energy crisis

The Organisation of the Petroleum Exporting Countries (OPEC) and allies, together called OPEC+, last week decided to maintain a steady…
Buhari presenting 2022 budget

2022 budget: Some proposals may kill manufacturing sector, says MAN

MAN warns of further strangulation of the manufacturing sector that is already burdened with multiplicity of taxes/levies and fees.
Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) explains why Nigerians may soon to pay more cooking gas

Cooking gas price may jump to N10K by December

The 12.5kg currently selling for between N7,500 and N8,000. Marketers are worried that supply shortage may see the price escalate
Bitcoin

How to plan your Bitcoin investment

Investing in Bitcoin isn’t a difficult task. That’s because you can easily access the internet using a smartphone or computer.
Guinness Nigeria unveils new Orijin variant ‘Tigernut and Ginger’

Guinness Nigeria unveils new Orijin variant ‘Tigernut and Ginger’

Guinness Nigeria has unveiled another variant of their popular contemporary drink, Orijin. The brewery firm introduced its Orijin Tigernut and…

Things to know before taking a Bitcoin payment

Many individuals and businesses are planning to take Bitcoin payments for products and services. However, they are uncertain about the…
Buhari receives the incorporation certificate of NNPC

NNPC N200B share capital highest in Nigeria: CAC

NNPC was registered electronically within 24hrs, with an initial share capital of N200 billion Naira.
Estimated billing: Edo govt, BEDC to meter 500,000 houses

Ikeja Electric introduces SingleView platform for prepaid meter customers

Soetan said the platform serves as a major touch point where prepaid meter customers could access personal information such as…
Breaking: EFCC declares Timipre Slyva wanted

Oil will still be in high demand till 2045: Sylva

Sylva said this at a one-day Seplat Energy Summit in Abuja, with the theme: “Global Trends in Energy Transition –…
Buhari govt. mortgaging Nigeria's future - PRP

Buhari to ExxonMobil: Take advantage of PIA to enhance investment

President Muhammadu Buhari has urged operators in the petroleum industry to take advantage of the new Petroleum Industry Act (PIA)…

Dangote Cement, MTN, GTBank, Pay Highest Income Tax

Dangote Cement Plc has emerged as the highest corporate income taxpayer and the biggest employer of labour in Nigeria for…
oil prices

Oil prices surpass $83

Brent crude rose as high as $83.47, the highest since October 2018, and at 1115 GMT was down 40 cents,…
Bitcoin

How the education sector can benefit from Bitcoin

Recently, Forbes published a story about Kyle Winstanley, a former student at the University of Michigan who transformed his apartment…
The Governing Board of NIMASA approved appointment of Olubusola Obasanjo-Akande and Christopher Amakulo as Directors, promotes 508 others

FG approves zero import duty for vessels

He disclosed this at the maiden edition of the Nigeria International Maritime Summit (NIMS) in Lagos on Tuesday.
The management of Air Peace drag NLC, TUC and their leaders to court, seeking N1.7billion over alleged disruption of services of the airline

Air Peace resumes Lagos-Johannesburg flights

He said that the Lagos-Johannesburg service would operate twice a week — Thursdays and Sundays — with the luxury wide-body…
Air Peace plane with burst tyre at Ilorin Airport

Air Peace resumes Lagos-Johannesburg flights

Air Peace has announced the resumption of flights from Lagos to Johannesburg as from Oct. 17
SAIPEM drilling for oil

Saipem gets oil drilling contracts in UAE, South America

In South America, Saipem has been awarded the extension of two contracts in Colombia and one contract in Peru, as…
Stock Market

Nigerian stock market opens October with N15bn gain

Trading in the domestic stock market resumed on Monday bullish with a gain of 0.05 per cent on investors’ interest…
Airtel Africa announces offer to buyout Nigeria minorities

Airtel Africa announces offer to buyout Nigeria minorities

Airtel Africa has announced that its subsidiary, Airtel Networks Ltd., (Airtel Nigeria) has initiated a process to buy back 8.27…
L-R: Victor Akoma-Phillips, Chief Operating Officer at Interstellar, Ernest Mbenkum, Founder and CEO at Interstellar and Akeem Lawal, Divisional Chief Executive Officer for Transaction Switching and Payment Processing at Interswitch during the signing ceremony at Interswitch head office in Lagos, recently.

Interstellar, Interswitch strike strategic partnership deal

As part of the partnership, Interstellar’s Blockchain technology stack (STARGATE) will be integrated with Interswitch’s industry-leading payments and digital commerce…
One of the two Airbus 320 received by Aero Contractors

Aero Contractors boosts fleet with 2 Airbus 320

The managing director said the two aircraft leased by House of Five A’s would boost the fleet of the airline…
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