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Business

Virgin Atlantic files for bankruptcy

Virgin Atlantic Airway has filed for bankruptcy, as the aviation industry continues to be ravaged by the coronavirus pandemic

Who is Daniel Damilola Nejo and Why Is He All Over My YouTube?

If you have a smartphone and use social media (especially YouTube), you will most likely have seen video ads from…

Bristow Helicopters sacks 100 pilots, engineers

Bristow Helicopters has sacked 100 pilots and engineers following negative impact of Coronavirus on its business and the nation's economy.
Stallion Group Acquires Bajaj Tricycles

Stallion Group acquires Bajaj Tricycles

Following the successful acquisition of the Bajaj franchise by the Stallion Group recently, the latter is taking proactive and preventive…

70,000 farmers for Anchor Borrowers programme in Ogun 

Ogun State Ministry of Agriculture says it has registered over 70,000 farmers with the Anchor Borrowers Programme, just as over…

Okonjo-Iweala: My priorities as WTO chief

Nigeria's candidate for the top job of the World Trade Organization (WTO), Ngozi Okonjo-Iweala said fixing the Geneva-based body's dispute…

Georgia-based realtor, Olaitan Olatoye launches ‘Olla Realtor LTD’ in Nigeria

Georgia-based real estate entrepreneur and businessman, Olaitan Olatoye Olalekan has launched a new real estate development and listings agency in…

Trump wants cut for U.S. treasury from TikTok sale

U.S. President Donald Trump said Monday the U.S. treasury should get a “substantial portion” of the sales price of the…
Abubakar Suleiman Sterling Bank CEO

Sterling Bank grows income, profit falls marginally

Sterling Bank Plc on Monday in Lagos reported a rise in net interest income from N30.4 billion to N33.5 billion…
Air Peace Ltd says a one-hour trip within Nigeria should cost no less than N500,000 as airlines spent at least N14 million operating it

COVID-19: Air Peace fires over 70 pilots

Air Peace has fired over 70 pilots across its fleet types due to negative impact of COVID-19 pandemic.

LG Electronics targets 50 families for Free Wash Centre in Lagos

LG Electronics, last weekend, upgraded its Free Wash Centre in Ogba, Ikeja, suburb of Lagos, with new sets of commercial…
U.S. FTC accuses popular video-sharing app TikTok and its Chinese parent company ByteDance of failure to protect children’s privacy.

Microsoft confirms talks with ByteDance for TikTok

Microsoft Corp has confirmed talks with ByteDance to acquire the U.S. operations of the Chinese-owned short-video app TikTok.
oil prices

Oil prices fall as virus cases explode

Oil prices moved southwards on Monday on fears about the economic fallout from rising COVID-19 cases around the globe and…
Shoprite sold to Persianas

Just In: Shoprite announces plans to leave Nigeria, Nigerians react

Africa’s biggest grocery retailer, Shoprite, has announced plans to discontinue operations in Nigeria, after 15 years.

Amaechi explains sovereignty clause in $500m Chinese Railway loan

Minister of Transportation, Rotimi Amaechi has explained that the clause ‘waiving sovereignty’ in the loan agreement between Nigeria and China…
Bitcoin effects on banking industry

Bitcoin price rises for first time since 2019

The price of the Bitcoin cryptocurrency went up to $12,000 for the first time since August 2019.
Engr. Rauf Olaniyan

No going back on N100bn Bond for developmental projects – Oyo Dep. Gov.

Oyo State Deputy Governor, Alhaji Rauf Olaniyan, on Saturday said the state government’s decision to finance developmental projects through N100…
Ibom Air

New Bombardier plane boosts Ibom Air Fleet

Ibom Air has received its 5th Bombardier CRJ900 aircraft, the second of the two additional aircraft purchased in Dec. 2019.

Microsoft in talks with Bytedance to buy TikTok: Bloomberg

Microsoft Corp. is exploring an acquisition of TikTok in the U.S., as President Donald Trump threatens to ban its operation.

Breaking: Trump set to ban TikTok in U.S.

President Donald Trump is expected to roll out an executive order today , banning TikTok from the United States.

Cathay Pacific Airways offers older pilots voluntary retirement

Cathay Pacific Airways Ltd said it will offer an early voluntary retirement scheme to its Hong Kong-based pilots, who are…
Apple loses $200 billion in valuation

Apple becomes world’s most valuable company

American tech company, Apple has become the most valuable company in the world on Friday after posting blockbuster quarterly earnings…

COVID-19: Impact on Nigerian Insurance Industry and role of Digitalisation

The insurance landscape in Nigeria has tremendously evolved and this growth can be attributed to certain policies introduced to the…
Ecobank Group opens 2022 Fintech Challenge with $50,000 for grabs

Ecobank unveils special loan package for female entrepreneurs

Ecobank Nigeria has unveiled a special loan package for female entrepreneurs in the country.

Eid el-Kabir: Interswitch assures Nigerians of seamless service

Interswitch Group,a leading African digital payment and e-commerce company,has reiterated its commitment to ensure that there are no disruptions to…

Hayat Kimya unveils the new Molfix Air Dry Diaper

HAYAT KIMYA, manufacturer of Nigeria’s number one choice diaper, MOLFIX is pleased to introduce their newest product, the MOLFIX Air…
Real reasons Ogun Speaker Oluomo was impeached

Ogun Assembly passes revised 2020 budget

Ogun State House of Assembly has passed the 2020 Appropriation (Amendment) Law which seeks to reduce the annual budget from…

Sanwo-Olu earmarks N1bn seed capital to boost tourism growth

Lagos State Governor, Babajide Sanwo-Olu has approved N1 billion seed capital for investment in tourism, as the state is set…

Tony Elumelu Foundation reaches out to Daniel Nejo

The Tony Elumelu foundation is an African non-profit organization founded in 2010 by Tony O. Elumelu and it is based…

UBA Plc appoints Aregbesola, Obeta, Hacko, 3 others as country heads

United Bank for Africa Plc (UBA), the leading pan-African financial services institution, announced the appointments of Rokia Hacko, Chioma Mang,…
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