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Business

COVID-19: Rivers cuts 2020 budget by 48 percent 

The Rivers State Executive Council has approved the review of the 2020 Budget in line with the present economic realities…
Jumia

COVID-19: Jumia partners Breweries, Unilever to increase consumers’ access to food, others

Nigeria’s leading e-commerce platform, Jumia, has partnered with global beverage company International Breweries and global consumer goods maker Unilever to…

How our agricultural projects will enhance food security – LASG

Lagos State Government has unfolded various agricultural projects that will ensure and sustain the food security situation in its communities.

Lagos attracts US$250m investments to Alaro City industrial hub

The Lagos State Government on Thursday said it has attracted investments worth US250m for its new industrial cum residential development…
Emefiele

CBN predicts negative economic growth in Q2

The Central Bank of Nigeria (CBN) has predicted negative Gross Domestic Product (GDP) growth for the country in the second…
Nigerian Senate

Senate considers N10.51trn revised budget for 2020

The Senate on Thursday reconvened to consider President Muhammadu Buhari’s request for approval of the revised 2020-2022 Medium Term Expenditure…

Adesina has not been asked to step down: AfDB Board chairman speaks

The President of the African Development Bank, Akinwumi Adesina has not been asked to step down, Mme Niale Kaba, the…

South Korea cuts interest rates to record low

South Korea’s central bank cut interest rates to a record low on Thursday as it warned the coronavirus pandemic would…

Oil price drops again

Oil prices slid for a second consecutive session on Thursday as the U.S. industry data showed a steep and surprising…

Kobo360 founders selected as Endeavor Entrepreneurs

Endeavor, an organisation leading the global movement for high-impact entrepreneurship, has welcomed the two co-founders of Kobo360, Obi Ozor and…
Meng Wanzhou

Canadian court disappoints Huawei over CFO’s case

A Canadian court ruled against Huawei's chief financial officer, Meng Wanzhou, on Wednesday in her extradition case to the US…

Updated: Adesina will not step aside as AfDB president for fresh probe

Dr. Akinwumi Adesina will not step back as the president of African Development Bank after the board supported an independent…
Dangote Group

Dangote Group wins Africa’s most admired brand third time in a row

For the third time in a row, Dangote Group has emerged as the most admired African brand, made in Africa,…

BMW unveils facelifted 5, 6 Series

BMW on Wednesday unveiled the face-lifted 5 and 6 Series models in South Korea to show its “strong and unwavering”…
Murtala Muhammed International Airport, Lagos: Travellers dodge COVID-19 tes

COVID-19: Nigerian airports to resume

The Federal Airports Authority of Nigeria (FAAN) has said it has put in place arrangements on passenger facilitation, ahead of…

South Africa’s currency climbs to 8 week high against dollar

South Africa’s rand raced to its highest in more than eight weeks against the U.S. dollar on Tuesday, as optimism…
Akinwumi Adesina President of AfDB: bank debars Maxicare Nigeria Limited

The bell tolls not for Adesina but for Africa

COVID-19 wracked Africa needs its flagship development institution, the African Development Bank, to be stronger than ever under the visionary…
Lufthansa airline

German government takes over Lufthansa airline

The German Government and Lufthansa have agreed on a much-anticipated bailout deal to help the airline cope with losses from…
Mr Muhammad Nami, chairman of FIRS

FIRS Chairman, Nami pressed for facts on controversial employment

Muhammed Nami, the Executive Chairman of the Federal (Board) Inland Revenue Service (FIRS), has been pressed for details on five…

Why logistics business will remain profitable despite COVID-19 – Ajiboyede

The Managing Director of Zido Logistics, Samuel Ajiboyede has said that with the right operational model, logistics business will remain…
Ade Ayeyemi: Ecobank Group posts better performance in 2020 than in 2019

Global Finance names Ecobank most Innovative Bank in Africa

Global Finance has named Ecobank as the most innovative bank in Africa.
Folorunso Alakija

Nigeria’s richest woman, Alakija reveals key to success in life

Nigeria’s richest woman, Folorunso Alakija has revealed crucial tip for those who want to succeed in life.
Lagos Tin Can island port

Buhari urged to move Lagos Dry Dock to Niger Delta

Two Niger Delta groups have urged the Federal Government to relocate the Mega Dry Dock from Lagos waters to the…
Akinwumi Adesina President of AfDB: bank debars Maxicare Nigeria Limited

Corruption at AfDB: U.S. rejects Adesina’s exoneration, wants fresh probe

The United States has rejected the clean bill given Akinwumi Adesina by the African Development Bank ethics committee, over corruption…
The Federal Government says the African Aviation and Aerospace University (AAAU), Abuja, will open for registration from Sept. 26 to Nov. 18.

Breaking: FG sanctions UK’s Flairjet for violating Civil Aviation Regulations

The Federal Government on Sunday said it has sanctioned  Flairjet, a UK company after it was found to have violated…

Eid-el-Fitri: Lagos Water Corporation apologises for disruption in water supply

As the Muslims get ready to celebrate the Eid-el-Fitri on Sunday, the Lagos State Water Corporation, LWC, has apologised to…
Terrorists move into homes of displaced residents in Niger, plant crops on their farms

Govt gives tractors, inputs to Akwa Ibom farmers

Farmers in Akwa Ibom are in for a better time as the State Government has given incentives which include 10…

COVID – 19: Osinbajo constitutes committee on reopening of economy

Nigeria's Vice President, Professor Yemi Osinbajo has constituted a committee on the reopening of the economy.
Samsung launches new smartphones in 55 countries

Samsung sends 300 more workers to China

Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday that it had sent 300 more workers to China.

Zuckerberg suggests 50% Facebook staff to work from home soon

Facebook CEO Mark Zuckerberg has suggested that 50 percent of the company's employees will be working from home in ten…
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