Business

Glasgow Clyde College is gearing up to school parents and careers on all things Taylor Swift. With her sold-out Eras Tour hitting Edinburgh’s Murrayfield Stadium, this masterclass aims to prep non-Swifties for the frenzy. Over 2.9 million fans scrambled for ...

Former President Obasanjo Visits Serial Businessman Tony Elumelu.. Former President Obasanjo reportedly visited serial businessman Tony Elumelu in his Office The reason for the visit is unknown.

The President of Dangote Industries Limited, Aliko Dangote, has said that the depreciation of the local currency was the company’s biggest challenge in 2023. He stated this on Tuesday during his remarks at the Annual General Meeting of Dangote Sugar Refinery ...

President Bola Ahmed Tinubu has arrived in London, England after he attended the World Economic Forum in Riyadh, Saudi Arabia, which was held from April 28-29. The President’s journey to London was unexpected, as his media adviser, Ajuri Ngelale, had ...

Founder and former Binance CEO, Changpeng Zhao has been sentenced to four months imprisonment. Zhao pleaded guilty in November 2023 to a money laundering charge. Zhao, who went by the nickname CZ, has also satisfied the requirement of him to ...

  The Nigeria Inter-Bank Settlement System has said that financial institutions lost about N17.67bn to fraud in 2023. This was disclosed in its Annual Fraud Landscape (January to December 2023) which was published on its website on Monday. NIBSS incorporated in 1993 provides a mechanism for same-day clearing and settlement ...

  Telecommunications operators in the country including MTN Nigeria and Globacom have asked for Federal Government approval through the Nigerian Communications Commission to raise their tariff. The development came after foreign exchange losses and rising energy costs forced some of ...

  Ibom Airline has purchased and launched a new Airbus A220-300 into commercial service. The Akwa Ibom state-owned airline launched the plane into commercial service on Monday,, with flights from Uyo to Lagos. PUNCH gathered that the A220 with registration ...

  Digital telecommunications solutions provider, Globacom, has saluted Nigerian workers as the country observes this year’s edition of the International Workers’ Day. The company enjoined them to rededicate themselves to excellence so as to take Nigeria to the next level. ...

  Access Bank Plc has disclosed that 26,896 customers have been rewarded with over N6.51bn in the DiamondXtra savings and reward scheme. Bank’s Regional Director, South-West, Bolaji Aboderin, disclosed this at the recent unveiling of Access Bank, New Court Road, ...

  The Federal Government, on Tuesday, announced that it was set to issue a fully valid operating licence to the 650,000 barrels per day capacity Dangote Petroleum Refinery. It announced this at the  Stakeholders’ Consultation Forum on Midstream and Petroleum ...

  Chief Executive Officer of Sterling Bank Limited, Abubakar Suleiman, has called for a purpose-driven leadership society to deliver a transformative impact. According to a statement from the bank, Suleiman made this call while delivering an enlightening discourse on leadership ...

The Nigerian Electricity Regulatory Commission on Monday released an order on the Deregulation of Meter Prices for meters deployed under the Meter Asset Provider Scheme It said the prices of meters were deregulated after Meter Asset Providers and other operators requested a ...

The Ogun State Government has sealed off Gasco Marine Ltd, the company whose truck was involved in an accident that caused an explosion in the Ita-Oshin area of Abeokuta North Local Government Area on Saturday. Ogun SEALS gas company over explosion ...

The Nigerian National Petroleum Company Ltd. has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out by Wednesday,May 1st The Chief Communications Officer of NNPCL, Olufemi Soneye, said this to the News Agency of Nigeria (NAN) on ...

The Central Bank of Nigeria (CBN) has directed fintech companies to stop onboarding new customers until further notice This directive is coming few months after the CBN mandated all financial institutions to collect ID cards before creating financial accounts, which contradicts a ...

  The Central Bank of Nigeria has barred some microfinance banks, including Moniepoint, Opay and Kuda, from opening new accounts and accepting new customers over allegations that they were being used to funnel cryptocurrency and manipulate the naira’s value, sources ...

The Senate has commenced an investigative hearing on the increase in the electricity tariff in 11 states in Nigeria. At the ongoing meeting at the Senate wing National Assembly on Monday, the Red Chamber also stated that it would punish ...

The Edo State Governor, Godwin Obaseki, has ordered the increase of minimum wage for workers in the state from N40,000 to N70,000 The announcement was made by the governor while speaking at the commissioning of the newly built ultra-modern Labour ...

  The Association of Business Owners of Nigeria has awarded Jiji, Nigeria’s online marketplace, “SME Most Friendly Online Marketing Platform of the Year” at the Nigerian National SME Business Awards 2024. The Lagos State Ministry of Commerce, Cooperatives, Trade, and ...

  A financial data and media company, Bloomberg, has ranked the Dangote Refinery above the top 10 biggest refineries in Europe. According to data compiled by the business news platform, the refinery has more capacity than many European ones. The ...

  The Nigerian Breweries has re-launched its low-sugar herbal alcoholic drink, Ace Roots. According to the firm in a statement, the drink is a low-sugar drink that perfectly combines a blend of true African herbs, spices, and fruits with a ...

  CHI Limited, a fruit juice and value-added dairy manufacturer in Nigeria, has recently rewarded its long-standing distributors at the 2024 Annual Distributors Conference. A statement by the company on Wednesday said that the conference with the theme ‘Break Boundaries, ...

  Stanbic IBTC Holdings has canvassed for improved investment in energy and infrastructure in the country to boost economic activities. The Chief Executive Officer of the group, Dr Demola Sogunle, stated this at the recently held Stanbic IBTC Energy and ...

  The United Kingdom’s development finance institution and impact investor, British International Investment, has announced the signing of a $100m risk-sharing facility with Citi to support the trade finance needs of African small and medium enterprises and corporates. The facility ...