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Business
Dangote refinery: Queues now a thing of the past, says Otedola
Billionaire businessman Femi Otedola has praised Nigerian President Bola Tinubu following the start of fuel…
[ICYMI] Nigeria, UK battle over Air Peace landing right in Heathrow
Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, has formally protested to the UK aviation…
Trump launches another business full of potential risks and conflicts if he wins
Former US President Donald Trump, alongside his sons and business partners, launched a cryptocurrency platform…
N950/litre Dangote petrol may justify more importation — Marketers
The Nigerian National Petroleum Company Limited (NNPC) has announced that petrol from the Dangote Refinery will…
Global Stock markets surge amid US, China inflation trends
Global stock markets saw declines this week due to inflation data from the U.S. and China, sparking hopes for a…
Regency Alliance grows profit to N1.93bn
Regency Alliance Insurance Plc reported a 225% increase in profit after tax for the year ending December 31, 2023,…
Emirates Airlines unveils plans for return
After a two-year hiatus due to trapped funds and other challenges, Emirates Airlines is preparing to relaunch…
Stakeholders seek synergy amongst oil industry operators
Chairman of the Major Energy Marketers Association of Nigeria (MEMAN), Huub Stokman, has emphasized the need for…
Inflows from domestic dollar bond push forex reserves to $36.9b
Nigeria's foreign exchange (FX) reserves have increased by $337.89 million week-on-week to reach $36.9 billion as…
Cyber Criminals Target Nigerian Businesses with Over 580,000 Threats in 2024
Cyber criminals are increasingly targeting Nigerian businesses, with over 586,000 threats detected in the first…
Stockbrokers launch Lagos District Zone
The Chartered Institute of Stockbrokers (CIS) has officially inaugurated its Lagos Island District Society to…
UK reveals key trends in work, study, and family visas For 2024
The UK's immigration statistics for the year ending June 2024 reveal a total of 1.16 million visas issued across…
AfDB raises $2bn in new social bond issue
The African Development Bank (AfDB) has launched a new $2 billion social benchmark bond, set to mature on…
Maritime workers lament delay in port concession licences renewal
The Maritime Workers Union of Nigeria (MWUN) has called on the Federal Government to urgently renew the port…
Q2 2024: Federal Government VAT Collection Up 9.11% to N1.56tn
In Q2 2024, Nigeria’s Value Added Tax (VAT) receipts rose to N1.56 trillion, representing a significant 99.82%…
Upper West, Upper East, record highest food and non-inflation rates
In August 2024, Ghana’s Upper West and Upper East regions recorded the highest inflation rates, with food…
Cement retailers commend govt for passage of price regulation LI
Cement retailers in Ghana have expressed support for the new Legislative Instrument (LI) aimed at stabilizing…
Boeing strike threat looms as workers vote on contract
Boeing’s U.S. West Coast factory workers are set to vote on a controversial new contract on Thursday, with the…
US holiday sales to grow at slowest pace since 2018, report says
U.S. holiday sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday…
American Businessman Sentenced to 68 Years in Nigerian Court for $1.6 Million Visa…
American businessman Marco Antonio Ramirez has been sentenced to 68 years in prison by a Lagos court for…
FG unveils plans to generate $100 billion annually from creative economy
The Federal Government of Nigeria has unveiled a comprehensive plan aimed at generating $100 billion annually and…
National committee to tackle multiple taxation, others
The Federal Government of Nigeria has established a five-member committee to address the issues of multiple…
Airtel okays $.5m fellowship
Airtel Africa has approved an initial $500,000 to fund the Airtel Africa Fellowship Program, aimed at supporting…
Osubi Airport earns N831m in six months
Osubi Airport in Warri has seen significant growth in passenger traffic and revenue in the first half of 2024,…
Nigeria’s trade surplus rises 34% to N6.95 trn
Nigeria’s trade surplus experienced a significant rise in the second quarter of 2024, climbing 33.9%…
HARSH ECONOMY: Sacked workers withdraw N9.2bn from pension savings
In the first half of 2024 (H1'24), a total of 14,179 Retirement Savings Account (RSA) holders who lost their jobs…
Nigeria added 45,000bpd oil in August – Report
Nigeria's crude oil production increased to 1.352 million barrels per day (mbpd) in August 2024, up from 1.307…
Marketers, refiners demand total subsidy removal
Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream…
UniCredit buys 9% stake in Germany’s Commerzbank, sparking takeover talk
Italy's UniCredit has acquired a 9% stake in Germany's Commerzbank for €700 million, raising speculation that…
Indonesian crypto exchange Indodax loses $22 million to hackers
Indonesian crypto exchange Indodax has suffered a major hack, losing $22 million in assets from its hot wallets.…