Business Court orders Arik Air to pay over $24,000 to ex-worker Jun 19, 2024 0 An Industrial Court in Lagos has mandated Arik Air to compensate a former employee, Mrs. Andreia Perdigao, with!-->…
Business FG offers 17 new oil blocks for bidding Jun 19, 2024 0 The Federal Government of Nigeria has announced the inclusion of 17 deep offshore oil blocks in the 2024 Licensing!-->…
Investing Modular refiners, Afreximbank begin talks over $18bn loan Jun 19, 2024 0 Investors in Nigeria's modular refinery sector have initiated discussions with the African Export-Import Bank!-->…
Business Worry as NCAA acting DG tenure expires Jun 19, 2024 0 There is growing tension among staff and management of the Nigeria Civil Aviation Authority (NCAA) and the!-->…
Business Reps summon NNPC, Agip, NUPRC, others over alleged $72m diversion Jun 19, 2024 0 The House of Representatives Committee on Public Petitions has summoned the managing director and senior!-->…
Market Shell to acquire Singaporean LNG firm Pavilion Energy from Temasek Jun 18, 2024 0 Shell has announced its acquisition of Singaporean LNG company Pavilion Energy from Temasek, aiming to bolster its!-->…
Technology NATO targets AI, robots and space tech in $1.1 billion fund Jun 18, 2024 0 The NATO Innovation Fund (NIF) has confirmed its first investments, allocating part of its €1 billion fund to four!-->…
Business Toyota Re-elects Chairman Akio Toyoda despite certification scandals Jun 18, 2024 0 Toyota's Chairman Akio Toyoda, along with nine other board members, was re-elected at the automaker’s annual!-->…
investment Ekpo Woos Canadian Businesses, Investors to Nigeria’s Gas Sector Jun 18, 2024 0 Nigeria's Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, emphasized the necessity of global!-->…
Local Adrian Wood Returns to Nigeria, Moves to Rebrand Ntel with Fresh Investors Jun 18, 2024 0 Adrian Wood, former CEO of MTN Nigeria, has re-entered the Nigerian telecom industry as the new Chief Executive!-->…
Energy New Report Says Nigeria’s Liquefied Natural Gas Expansion Drive Faces Severe… Jun 18, 2024 0 Nigeria's ambitious plans to expand its Liquefied Natural Gas (LNG) projects, including the notable Train-7!-->…
Business Universities Scotland says 20% decline in int’l student market reduces subsidized… Jun 18, 2024 0 Universities Scotland has raised alarms over the potential 20% reduction in international student numbers, warning!-->…
Local Nigerian Box Office set to hit N10 billion revenue in FY2024 Jun 18, 2024 0 The Nigerian box office is on track to reach an unprecedented N10 billion in revenue from cinema ticket sales and!-->…
Business NEPZA Offers Duties Waiver, Tax Holiday To Startups In Free Trade Zones Jun 18, 2024 0 The Nigeria Export Processing Zones Authority (NEPZA) has announced new measures aimed at retaining foreign!-->…
Local Amid $12bn Loss To Cyberattacks, Financial Stakeholders Decry Rising Threats Jun 18, 2024 0 Financial experts have urged for innovative solutions to counter the escalating threat of cyberattacks, aiming to!-->…
Business Airtel Launches Submarine Cable, Taps Network International For Payments… Jun 18, 2024 0 Airtel Telesonic, the wholesale division of Airtel Africa, has achieved a significant milestone by activating the!-->…
Banking Wemabod gets new MD Jun 18, 2024 0 Wemabod Limited has announced a leadership transition with the appointment of Bashir Oladunni as the new Managing!-->…
Local LBS, Stanbic IBTC Advocate Corporate Sustainability Jun 18, 2024 0 Lagos Business School (LBS) and Stanbic IBTC Holdings emphasized the need for businesses to integrate!-->…
Business AfDB to match Italy’s $150m concessional loans for Africa Jun 18, 2024 0 The African Development Bank (AfDB) has announced its commitment to match the $150 million in concessional loans!-->…
Business Import duty: FG summons 80 private jets owners over operating papers Jun 18, 2024 0 The Nigerian Customs Service (NCS) has launched a new initiative aimed at cracking down on operators of!-->…
Asia Chinese investors’ rush for offshore assets spurs Hong Kong wealth inflows Jun 17, 2024 0 Wealthy Chinese investors are increasingly turning to Hong Kong investment products, such as insurance and!-->…
Business China’s factory output disappoints, property sector stuck in doldrums Jun 17, 2024 0 China's economic data for May revealed a mixed picture, with industrial output growth slowing to 5.6%!-->…
Local Dangote refinery achieves double Nigeria’s 11-yr power output Jun 17, 2024 0 Over the past eleven years, Nigeria has only managed to add 760 megawatts (MW) to its national grid, increasing!-->…
World Morning Bid: Buoyant US eyes French angst, China home woes Jun 17, 2024 0 Wall Street stocks and bonds maintained stability following a dynamic macroeconomic week, despite concerns over!-->…
Commodities Oil steady as downbeat Chinese data offset demand hopes Jun 17, 2024 0 Oil prices remained steady on Monday as mixed Chinese economic data tempered hopes for increased demand during the!-->…
Business Goldman Sachs raises S&P 500 year-end target to 5,600 Jun 17, 2024 0 Goldman Sachs has increased its 2024 year-end target for the S&P 500 Index to 5,600, up from a previous target!-->…
Stock Shares stable, euro downtrodden as political turmoil saps market mood Jun 17, 2024 0 Shares stabilized on Monday as European stocks partially recovered from last week's losses, with the euro!-->…
Business SK Group to protect affiliates from hostile takeover after chairman’s… Jun 17, 2024 0 South Korea's SK Group Chairman, Chey Tae-won, addressed concerns on Monday about the potential impact of his!-->…
World At Toyota shareholder meeting, all eyes on level of support for chairman Jun 17, 2024 0 Toyota Motor Corporation's Chairman, Akio Toyoda, is expected to secure re-election at the automaker's annual!-->…
Stock Murray-Bruce, Omokri support Fidelity Bank, urge Nigerians to buy its stock Jun 17, 2024 0 Former Senator Ben Murray-Bruce and ex-presidential aide Reno Omokri have both expressed strong endorsements for!-->…