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Business

Some of Nigeria's domestic airlines

Sirika begs airlines as Ibom Air says not shutting down

Ibom Airlines said obligations to its customers, suppliers and staff, would not allow it participate in the shutdown.

Why our companies will perform well when IOCs leave – Dakoru

Mingi Edmund Dakoru, the Amanayabo of Nembe Kingdom, and Chairman, Nigeria Liquified Natural Gas (NLNG) and Bonny Gas Transport Limited…
B2B Commerce in Nigeria

How B2B e-commerce platforms digitization aid Nigerian businesses

The B2B e-commerce platforms deploy digital solutions in its operations to streamline their processes in order to achieve improved efficiency…
U.S. SEC says it was suing Elon Musk over his ownership of more than 5 per cent of Twitter stakes ahead of taking over the company in 2022.

Musk, Twitter sued by Florida pension fund

In a proposed class action filed in Delaware Chancery Court, the Orlando Police Pension Fund said Delaware law forbade a…
Some of Nigeria's domestic airlines

Nigerian airlines set to ground flights from Monday

The airlines said no airline in the world can absorb the astronomical hike in the fuel cost, which has increased…
Governor Sanwo-Olu at the market conference of NDIGBOAMAKA PROGRESSIVE (MARKETS) ASSOCIATION

Lagos to begin Badagry seaport: Sanwo-Olu

He made the disclosure in Lagos at the All Markets Conference 2022 (AMC’22), organised by the Ndigboamaka Progressive (Markets) Association,…
Naira strengthens further at official FX market

Naira loses ground to US dollar

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled…
Naira

Naira crashes to dollar again

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled…
Lai Mohammed, second right during his visit to the Lekki Deep Sea port

Lekki Deep Sea port will spin $201B revenue, 170K jobs

The Lekki Deep Sea Port, which is being constructed by China Harbour Engineering Company Ltd. (CHEC), is being built at…
OPEC

OPEC raises Nigeria’s oil production quota for June

OPEC took the decision at its 28th OPEC and non-OPEC Ministerial Meeting despite Nigeria missing its approved target for April…

Binance gets regulatory nod in France

Originally founded in China, Binance has largely pulled out of the country following Beijing’s sweeping crypto ban.
Gucci

Gucci now accepts crypto payments

Gucci generated more than half of Kering’s revenue in the first quarter of this year. The fashion house has recently…
Binance

Binance commits $500m to finance Musk’s Twitter takeover

Binance is one of 18 co-investors in the acquisition alongside major crypto industry players like Sequoia Capital Fund and Fidelity…

E-commerce adoption in Northern Nigeria

Individuals, households, small enterprises, and huge corporations are increasingly turning to the internet for a variety of transactions.
Executive Secretary Nigerian Shippers Council, Mr. Emma Jime; Chief Operating Officer of the Lekki Deep Seaport, Mr. Lawrence Smith; Minister of Information and Culture, Alhaji Lai Mohammed and the Managing Director, Lekki Deep Seaport, Mr. Du Ruogang, when the minister visited the seaport in Lekki, Lagos, on Wednesday.

Lekki deep seaport to create 170,000 jobs – Minister

By Uchenna Eletuo The Minister of Information and Culture, Alhaji Lai Mohammed, on Wednesday said that, the Lekki deep seaport…
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