Shell to acquire Singaporean LNG firm Pavilion Energy from Temasek
Shell has announced its acquisition of Singaporean LNG company Pavilion Energy from Temasek, aiming to bolster its leadership in the…
Day: June 18, 2024
NATO targets AI, robots and space tech in $1.1 billion fund
The NATO Innovation Fund (NIF) has confirmed its first investments, allocating part of its €1 billion fund to four European…
Toyota Re-elects Chairman Akio Toyoda despite certification scandals
Toyota’s Chairman Akio Toyoda, along with nine other board members, was re-elected at the automaker’s annual general meeting on Tuesday.…
Ekpo Woos Canadian Businesses, Investors to Nigeria’s Gas Sector
Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, emphasized the necessity of global partnerships, innovation, and a collective…
Adrian Wood Returns to Nigeria, Moves to Rebrand Ntel with Fresh Investors
Adrian Wood, former CEO of MTN Nigeria, has re-entered the Nigerian telecom industry as the new Chief Executive Officer of…
New Report Says Nigeria’s Liquefied Natural Gas Expansion Drive Faces Severe Future Risks
Nigeria’s ambitious plans to expand its Liquefied Natural Gas (LNG) projects, including the notable Train-7 initiative, face significant risks, according…
Universities Scotland says 20% decline in int’l student market reduces subsidized tuition for domestic students
Universities Scotland has raised alarms over the potential 20% reduction in international student numbers, warning it could significantly hinder the…
Nigerian Box Office set to hit N10 billion revenue in FY2024
The Nigerian box office is on track to reach an unprecedented N10 billion in revenue from cinema ticket sales and…
NEPZA Offers Duties Waiver, Tax Holiday To Startups In Free Trade Zones
The Nigeria Export Processing Zones Authority (NEPZA) has announced new measures aimed at retaining foreign businesses and startups within Free…
Amid $12bn Loss To Cyberattacks, Financial Stakeholders Decry Rising Threats
Financial experts have urged for innovative solutions to counter the escalating threat of cyberattacks, aiming to bolster confidence in banking…
Airtel Launches Submarine Cable, Taps Network International For Payments Processing
Airtel Telesonic, the wholesale division of Airtel Africa, has achieved a significant milestone by activating the 2Africa Submarine Cable System.…
Wemabod gets new MD
Wemabod Limited has announced a leadership transition with the appointment of Bashir Oladunni as the new Managing Director and Chief…
LBS, Stanbic IBTC Advocate Corporate Sustainability
Lagos Business School (LBS) and Stanbic IBTC Holdings emphasized the need for businesses to integrate environmental sustainability into their corporate…
AfDB to match Italy’s $150m concessional loans for Africa
The African Development Bank (AfDB) has announced its commitment to match the $150 million in concessional loans and grants from…
Import duty: FG summons 80 private jets owners over operating papers
The Nigerian Customs Service (NCS) has launched a new initiative aimed at cracking down on operators of improperly imported private…