Okomu Oil has accused some residents in its host community in Edo State of stealing the company’s products on the plantation, amid protest from persons living...
The chairman, Major Oil Marketers Association of Nigeria (MOMAN), Olumide Adeosun, has revealed the reasons cost of aviation fuel, Jet A1, is rising amid threats from...
The Chief Executive Officer of Aero Contractors, Abdullahi Mahmood, has warned that airlines mortality rate in Nigeria’s aviation industry will rise due to the current struggle...
The immediate past chairman of Major Oil Marketers Association of Nigeria (MOMAN), Tunji Oyebanji, has accused airline operators of trying to force the Federal Government to...
Despite plea from the Federal Government, Air Peace, Arik Air and some other members of the Airline Operators of Nigeria (AON) are going ahead with their...
The Nigerian bourse saw less trading activities this week due to the public holidays of Monday and Tuesday, May 2nd and May 3rd, for the celebration...
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, has warned countries to desist from adopting cryptocurrency as their legal tender, against central bank-issued money. Georgieva’s caution...
The Nigerian Communications Commission (NCC) has failed to rule out the possibility of increase in tariff, as requested by the Association of Licensed Telecommunication Operators of...
It wasn’t a great day for billionaire, Elon Musk and the remaining top three wealthiest people on Thursday, following heavy losses in their networths, but the...
The former Chief Business Officer of WhatsApp, Neeraj Arora, has criticised Facebook founder, Mark Zuckerberg, over the handling of the world’s largest messaging app. WhatsApp has...
The founder of FCMB, Michael Balogun, has acquired N24.5 million worth of stocks in the financial institution, while his investment company also increased its stake in...
The Central Bank of Nigeria (CBN) has warned banks and other financial institutions in the country to be vigilant as regards transactions involving Benin Republic. Nigeria’s...
Access Holdings Plc has announced that its banking subsidiary, Access Bank, secured $50 million from the international capital market via a private placement on the London...
The oil market was up on Wednesday, with Brent crude selling at $109.06 per barrel, a rate last seen a day before April ended, as the...
World’s richest man, Elon Musk, has hinted on charging some category of Twitter users when the takeover deal is finalised, stating that services shouldn’t be provided...
The cofounder and Chief Executive Officer of Netflix, Reed Hastings, is bearing the brunt of the video-streaming service’s crash, as he fell 321 places within a...
The Association of Nigerian Licensed Customs Agents (ANLCA) has described President Muhammadu Buhari’s administration as insensitive over the 15 percent National Automotive Council (NAC) levy placed...
Nigeria’s deal with Russia, involving potash trade, has taken a hit from the United States-led sanctions, as President Muhammadu Buhari’s administration is forced to trade with...
Pregnant Barbadian recording artiste, Rihanna, on Monday, May 2 was honored with a marble statue by the Metropolitan Museum of Art at the Met Gala 2022....
British businesswoman, Michelle Jackson, the ex-wife of the Nigerian music executive, Don Jazzy who recently arrived in Lagos, Nigeria has recounted her first experience with the...
Veteran Nigerian recording artiste, Paul Play Dairo has taken to the social media platform, Instagram to admonish married men to desist from cheating on their wives....
Cybercriminals increased their attacks on Nigerian businesses in 2021, exploiting business owners with ransomware, as 5,600 small and medium enterprises in 31 countries fell victim. According...
Amazon founder, Jeff Bezos, has been overtaken by Bernard Arnault, the owner of LVMH Moët Hennessy Louis Vuitton, on the world’s richest list, while Tesla boss,...
Bitcoin investors are unhappy with American billionaire, Warren Buffet, after the founder of Berkshire Hathaway, threw shade at the cryptocurrency during his company’s annual shareholders meeting...
Nigerians spent over N245.61 billion to consume alcoholic and non-alcoholic drinks within three months of this year’s Q1, parting with 31.17% more than they paid for...
Nigeria’s fintech company, Flutterwave, has dismissed a claim by 86FB, a gambling platform offering investment services, that it withheld funds belonging to Nigerians who invested in...
MTN Nigeria’s plan to rollout its fifth-generation technology standard for broadband cellular networks (5G) is being stalled by the Nigerian Communications Commission (NCC). According to the...
Flour Mills of Nigeria Plc has received regulatory approval to acquire Honeywell Flour Mills Plc, a subsidiary of Honeywell Group. The deal was first announced in...
The world’s richest man, Elon Musk, has stated that he would stop selling his shares in automaker, Tesla, as the billionaire raises funds to finance the...
The International Monetary Fund (IMF) has tackled countries looking to bitcoin as solution to their economic problem, after Central African Republic adopted the cryptocurrency this week....
MTN Nigeria has reported 22.2% growth in revenue for Q1 2022, amid fall in subscriber base, as regulatory restriction on new SIM sales and activations continue...
MTN Nigeria share rallied on Thursday, exiting the loss it suffered on Tuesday, following approval of its dividend payment at the Annual General Meeting of the...
The Special Assistant to President Muhammadu Buhari on Digital and New Media, Tolu Ogunlesi, has questioned the tax method proposed by a president aspirant, Kingsley Moghalu....
Nigerian streaming company, Nevada Bridge, and its founder, Neville Sajere, have been linked to a $1 million fraud by the United States government, according to documents...
United Bank for Africa (UBA) made N15.11 billion from its electronic banking service in three months, its Consolidated Financial Statements for the period ended March 31,...
For the second consecutive day, the Nigerian capital market recorded marginal gain with the equity capitalization closing at N26.185 trillion on Wednesday. The figure was N2...
MTN Nigeria is under investigation by the House of Representatives Committee on Public Accounts following a N2.6 trillion tax waiver granted it by the Federal Ministry...
Guaranty Trust Holding Company (GTCO) has reported increase in net interest income for first quarter 2022. However, its profit after tax slumped when compared to the...
The Nigerian capital market reported sluggish growth closing with N26.18 trillion at the close of trading on Tuesday. The figure was a marginal increase of 0.05...
A Nigerian digital investment platform, Chaka Technologies Limited, and its investment broker, Citi Investment Capital Limited, have been included in the US Securities and Exchange Commission...
The founder of Twitter, Jack Dorsey, said the social media company is his biggest regret, complaining about investors at Wall Street, a Financial District in United...
Founder and former Chief Executive Officer of Twitter, Jack Dorsey, made a whooping N405.3 billion ($977.8 million) after the world’s richest man, Elon Musk, acquired the...
South African-born billionaire businessman, Elon Musk, on Monday completed take over of the microblogging platform, Twitter, in a deal valued at $44 billion. The deal was...
Central African Republic (CAR) is set to become the first country in Africa to adopt bitcoin as a means of payment, following a draft pushed by...
Elon Musk is reportedly in talks with the board of Twitter over his bid to acquire the microblogging site, amid reports that the billionaire has secured...
The Federal Competition and Consumer Protection Commission (FCCPC) said electricity Distributing Companies (DISCOS) should make refunds to electricity consumers who purchased meters. Discos have been overwhelmed...
There seems to be a silent feud between the owner of Tesla, Elon Musk, and Microsoft founder, Bill Gates, following the latter’s decision to hold a...
The Association of Nigerian Licensed Customs Agents (ANLCA) will proceed on a one-day warning strike on Monday to protest the introduction of a 15 percent National...
The Easter Public holiday stretched into Monday, cutting the number of trading days down to four, and this weighed on the outcome of this week’s capital...
Syarpa, Etap, Algebra Ventures, Union54,AfDB, BFA Global, SadaPay, Soter Analytics. These are some of the names that made the headlines this week. A Nigeria-based fintech startup,...