Business

A former interpreter for Japanese baseball star Shohei Ohtani faces bank fraud charges for allegedly stealing $16 million from Ohtani’s account to cover gambling debts.   Ippei Mizuhara is accused of sending the money to illegal sports betting without Ohtani’s ...

The National Agency for Food and Drugs Administration and Control has recalled Benylin Paediatrics Syrup manufactured by Johnson & Johnson, following recent toxicity findings in the laboratory on the product NAFDAC said laboratory analysis conducted on the product showed that ...

The Minister of Power, Adebayo Adelabu, has apologised to Nigerians for saying that they keep freezers on for days due to low electricity tariff. “Anything we have said that are considered offensive, we are sorry about that,” Adelabu said with ...

Myanmar, once a beacon of hope in Southeast Asia with a growing middle class, now faces a dire situation as civil war drives millions into poverty, according to the United Nations. Nearly half of Myanmar’s 54 million people live below ...

Nicki Minaj has teamed up with UK-based brand LØCI to launch her line of custom sneakers, following the conclusion of her record-breaking tour. The Pink Friday footwear features a pink low-top design with red shoestrings and a portrait of Nicki ...

Elon Musk has announced he’ll be visiting India to meet Prime Minister Narendra Modi, though the date hasn’t been specified yet. The Tesla CEO is expected to unveil significant investment plans for the country soon.   India recently slashed import ...

Instagram, owned by Meta, is taking steps to shield users from unsolicited nude photos. The app will now automatically blur such images in direct messages (DMs), using AI to identify and obscure genitals. This feature aims to combat “intimate image ...

Truong My Lan, a prominent property developer, was sentenced to death for siphoning $44 billion from Saigon Commercial Bank over 11 years. She faced a historic trial in Vietnam for orchestrating one of the world’s largest bank frauds. Authorities revealed ...

Five Australian women who underwent strip searches and invasive exams at Doha airport in 2020 have lost their case against Qatar Airways.   They sought damages for mental health impacts after being checked for childbirth following the discovery of an ...

The National Agency for Food and Drug Administration Control has banned the sale of Dex Luxury bar soap due to the presence of Butyphenyl Methylpropional According to a statement posted on NAFDAC’s official channels on Thursday, the product, Dex Luxury ...

  In a country with short-lived corporate excellence and a handful of centenary companies, hitting 130 years is undoubtedly a significant milestone for Nigeria’s premier financial institution, FirstBank. GEOFF IYATSE writes. Experience, they say, comes with age. Nothing else aptly ...

Nollywood Star, Anita Joseph Lands Multimillion Naira Endorsement Deal with Harmony Gardens & Estate Development Ltd.   Anita Joseph Olagunju, a renowned figure in Nigeria’s Nollywood industry, has struck gold with a multimillion naira endorsement deal, landing her in the ...

  First Bank of Nigeria Limited has rewarded six of its customers with N1 million each at the fourth and grand finale of its ‘WinBig’ promo draw held at its head office in Lagos recently. The promo, which kicked off ...

Mrs. Yuki Gambaryan, wife of detained Binance’s head of financial crime compliance, has pleaded with the Federal Government to release her husband — Tigran Gambaryan Gambaryan and Nadeem Anjarwalla, Binance’s regional manager for Africa, were detained by Federal authorities. According ...

  The Board of Eko Electricity Distribution Company has relieved its Managing Director/Chief Eexcutive Officer, Dr. Tinuade Sanda, of her duties as MD/CEO of the company. In a letter seen by Nairametrics and signed by the company’s Chairman, Dere Otubu, ...

  Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award for the fourth time since 2019. The Bank was among other banks from 36 countries in Africa ...

The Christian Association of Nigeria has demanded a public apology from the Federal Inland Revenue Service over an Easter advert which the Christian body said it deemed offensive The FIRS, in an X (formerly Twitter) post, #FIRSNigeria, had shared a ...

Salaam Bank, a unit of Djibouti-based Salaam Group, launched Uganda’s inaugural Islamic banking-compliant financial institution, following the country’s legalization of Islamic banking last year.   The launch was officiated by Ugandan President Yoweri Museveni, marked a significant milestone following the ...

Barring any last-minute change of mind, all subscribers with four lines and above whose SIM registration data failed to match their National Identity Number, NIN, data, will be barred today   This is as the Nigerian Communications Commission, NCC, has ...

  Lawyers as well as Small and Medium-sized Enterprises have voiced concerns that disconnecting telephone lines not linked to National Identification Numbers will exacerbate the economic challenges currently facing Nigerians. Telcos are expected to bar unlinked phone lines on Friday ...

  The first cohort of the FGN-ALAT Digital Skillnovation Programme, an initiative spearheaded by Wema Bank in partnership with the Federal Government of Nigeria, to train and equip 2,000,000 youth and 1,000,000 MSMEs across Nigeria with digital skills for sustainable ...

  The Aliko Dangote Foundation has flagged off the distribution of 80,000 bags of 10kg rice to the vulnerable in Lagos State. The President of Dangote Group and Chairman of the foundation, Aliko Dangote, noted that the gesture was part ...

FAAN has finally shut down the MMIA branch of KFC Discrimination: FAAN finally shuts KFC branch This comes following the discrimination against Adebola Daniel, a son of former Governor of Ogun State, Gbenga Daniel. The Federal Airports Authority of Nigeria, FAAN, ...

The Nigerian National Petroleum Company Limited has described reports of a downward review of fuel prices credited to it on Wednesday as unfounded NNPCL denies reducing petrol pump price NNPCL was reacting to reports suggesting a drop in pump prices for ...

The Nigerian Security and Civil Defence Corps Commandant General’s Special Intelligence Squad has uncovered a massive illegal oil refining site at a forest in Odagwa Community in Etche Local Government Area of Rivers State The site comprises over 10 illegal ...