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Business

DG NIMASA, Bashir Jamoh hails President Tinubu for creation of Marine and Blue Economy Ministry and appointment of Tunji-Ojo as minister

Automation: NIMASA commences digital asset management

NIMASA said the automation is aimed at further reducing human interaction, improve efficiency and block revenue leakages.
Chief Afe Babalola says FG's approval of an agro-allied cargo airport for Ekiti is the best thing to happen to the state in 2024.

Afe Babalola to FG: Address dearth of cash in banks

The cash crunch is being felt in virtually all parts of the country. Many banks have turned customers back for…
OPEC's new Secretary-General, Haitham Al-Ghais

OPEC appoints Haitham Al Ghais as secretary-general

Al-Ghais, a veteran of the Kuwait Petroleum Corporation (KPC), will take over from Mr Mohammad Barkindo, a former Group Managing…
AT&T deploying 5G Network all through the U.S.

5G Network dangerous to aeroplanes: U.S. officials

Their concerns have made the United States Government to ask telecom companies to delay the deployment of the ultra-fast wireless…
Port Harcourt Refining Company

Minor fire at Port Harcourt refining company – NNPC

NNPC played down the effect of the fire outbreak explaining that it caused insignificant damage and was put out in…

Tesla recalls 55,000 vehicles in China

Tesla has also recalled nearly half a million vehicles in the U.S. for the same reason.
Adewale Opaleye, CEO, Alerzo Limited

2022: Alerzo unveils plans for informal retailers

The company aims to consolidate its achievements by engaging in education and sustainable energy initiatives for retailers on its platform…
Bitcoin

Bitcoin faces uncertain 2022 after record year

The price of bitcoin hit record highs in 2021 thanks to the support from traditional finance, but cryptocurrency specialists are…
Alerzo Limited

Alerzo supports foundation with cash donations

Speaking on the donation, the chief executive officer of Alerzo Limited, Adewale Opaleye said the company supported the foundation as…
A Santander Bank branch in Brooklyn New York

Santander Bank turns Santa Claus on Christmas Day, credits accounts twice

The money was sent to Britons with Barclays, HSBC, NatWest, Co-operative Bank and Virgin Money accounts.
Elon Musk's SpaceX raises over $337m in fresh funding

Elon Musk’s SpaceX raises over $337m in fresh funding

Billionaire Elon Musk's SpaceX has raised $337.4 million in equity financing, the rocket company disclosed in a regulatory filing on…
Investors gain N3.2trn as stock market rebounds

Nigerian Stock Market crashes after Christmas

Speficially, the market capitalisation which opened at N22.060 trillion lost N238 billion or 1.08 per cent to close at N21.822…
Buhari

Buhari orders PAGMI to ramp up operations in solid minerals sector

Buhari charged PAGMI to scale up operations in the mining sector by ensuring that investments go beyond artisanal and small…
Buhari

We will address FOREX supply to manufacturers for importation – Buhari

The President told the Mansur Ahmed-led executives of MAN that the relevant Ministry would revisit their concerns about the increase…
oil prices

Global Oil prices rise

Oil prices rose after U.S. government data showed crude and fuel inventories fell, offsetting worries that rising coronavirus cases might…
Emirates announces it will resume flight services to Nigeria from 1 October 2024 with a daily service between Lagos and Dubai.

Emirates suspends flights to Ghana, Kenya, Ethiopia

The UAE had previously announced the suspension of all inbound flights for national and international carriers and transit passengers from…
FinAfrica:Chinmark Group red-flagged by SEC

SEC to Nigerians: Avoid deals with FinAfrica, Poyoyo Investment

The commission hereby notifies the investing public that neither FinAfrica investment Limited nor Chinmark Group is registered by SEC.
Abiodun, Dangote and Amosun

How Ogun lost $16bn Dangote refinery to Lagos because of Amosun – Abiodun

Abiodun explained that discussion broke down between Dangote and the then administration which led to the loss of that project…
NNPC Ltd blames vandals for the fire incident at its Buguma Wellhead 008, operated by its subsidiary, NNPC Eighteen Operating Ltd (NEOL).

NNPC wins 2021 global award for oil, gas reforms

The NNPC was honoured at the Open Government Partnership (OGP) global awards which was held in Seoul, South Korea on…
Alexa-Internet-Amazon

ICYMI: Alexa.com shutting down

Alexa said it stopped offering new subscriptions on December 8, 2021. But customers with existing subscriptions will continue to have…
World Economy illustration

World’s economy will top $100T in 2022, China topples U.S. 2030

India looks set to overtake France next year and then Britain in 2023 to regain its place as the world's…
United Airlines

2,079 flights cancelled globally on Christmas Day, more today

In the U.S., airlines scrapped nearly 1,000 flights on Saturday, the second straight day of massive cancellations as surging COVID-19…
Power sector tops consumer complaints

Power, banking, aviation sectors top 2021 consumer complaints

The Chief Executive Officer of the Commission, Mr Babatunde Irukera, told the News Agency of Nigeria (NAN) in Abuja on…
tunde Irukera FCCPC CEO

FCCPC, CBN, EFCC target illegal money lenders

Other agencies involved in the committee are the National Information Technology Development Agency (NITDA) and the National Human Rights Commission…
Patience Oniha of DMO

N250Billion Sukuk bond oversubscribed 3.46 times

Director-General of the DMO, Ms Patience Oniha said the massive response was an indication that the idea of growing the…
the collapsed power towers in Lagos

Petrol thieves caused collapse of power towers in Lagos, says TCN

The incident which was estimated to have occurred at about 00.29 a.m. on Friday, burnt a wide portion of the…
Alerzo

How Alerzo is aiding retailers this yuletide: CEO

The Alerzo boss said the yuletide is a period of sales boom for retailers and the platform's offerings will make…
Left: Council Member, Institute of Credit Administration (ICA), Felix Amieyeofori, Managing Director, Ecobank Nigeria, Patrick Akinwuntan and Registrar & Chief Executive, ICA, Prof. Chris Onalo during the visit of ICA Management team to Ecobank Pan African Centre in Lagos

Ecobank partners ICA, pledges support for enhanced credit practice

Speaking during an official visit of ICA Management team to the Ecobank Pan African Centre (EPAC) in Lagos, Akinwuntan observed…
Bello-Koko MD of NPA

NPA appoints seven GMs

The new General Managers include: Moltok Josephine Adar, formerly the Assistant General Manager, Overseas Office, who is now General Manager…

Titan Trust Bank acquires Union Bank

Union Global Partners Limited, Atlas Mara Limited and other majority shareholders divest 88.39 per cent shareholding in Union Bank to…
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