Business

HOMECOMING WITH DECEMBERISSAVYBE 2023: FIRSTBANK REINFORCES SUPPORT FOR FAMILY, ENTERTAINMENT AND NATION BUILDING   By Bolaji Israel   December is a month filled with joy, celebration, and reunions. It is a time when families come together, friends reconnect, and the ...

  FirstBank UK Adopts Bloomberg TOMS to Optimize Fixed Income Workflow      London, 28 November 2023 — Bloomberg announced today that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited, the premier West African bank, ...

  Dangote Refinery has secured its first cargo deal of about 6 million barrels, ready for delivery, even as the much-anticipated project begins with 350,000 barrels a day next month, founder Aliko Dangote has disclosed. The refinery is expected to ...

Man who allegedly deceived Nigerians and raked in millions in fake Dangote cement sales promo is arrested The Lagos State Police Command has arrested one Benjamin Ezeukwe for organizing a fake sales promo reducing the price of Dangote cement and defrauding ...

The Federal Competition and Consumer Protection Commission, FCCPC, has warned Nigerians to look out for fake online stores ahead of the customary seasonal sales, known as Black Friday. Babatunde Irukera, Executive Vice Chairman/Chief Executive Officer of FCCPC disclosed this in an ...

After leaving home at just 16, Rihanna is now officially a billionaire after launching two mega-successful businesses on top of her chart-topping hits. Superstar Rihanna is officially in the billionaires club after Forbes reported she is now worth $1.7 billion ...

Lionel Messi’s match worn World Cup final jersey is among a collection of his Argentina shirts that will go to auction for an expected world record sale of more than £8million Six tops from the 2022 World Cup in Qatar ...

A rare bottle of whisky has been sold for $2.7m (£2.1m) – breaking the record for the most expensive wine or spirit sold at auction The Macallan 1926 single malt is one of the world’s most sought-after bottles of Scotch whisky. It ...

Telecom operators might increase tariff The Association of Licensed Telecommunications Operators of Nigeria (ALTON), Thursday said that the current tariff regime in the telecom sector is not sustainable. The Chairman of ALTON, Mr. Gbenga Adebayo, disclosed this in Lagos, during ...

FirstBank, Nigeria’s premier financial institution and leading financial inclusion services provider, has launched the Win Big promo to reward and delight its valued customers. The four-month promo, which started on 23 October 2023 and will run till 23 February 2023 ...

The Lagos State Government has again sealed Quilox club The Restaurant and Night Club located in Victoria Island was sealed yesterday over noise pollution and other environmental infractions. It was sealed by Officials of the Lagos State Environmental Protection Agency (LASEPA). ...

Despite recent moves by the Central Bank of Nigeria to strengthen the foreign exchange market, the naira closed trading on the Investor & Exporter forex window on Thursday at N996.75/$. This is a 13.95 per cent decline from the N874.71/$ ...

Lagos Assembly probes LASU over certificate racketeering The Lagos State House of Assembly says it will invite the Commissioner for Tertiary Education, Mr Tolani Akibu, the Vice-Chancellor of Lagos State University, Prof. Ibiyemi Olatunji-Bello, the Senate of the tertiary institution and other top ...

An Italian judge has ordered the seizure of €779.5m ($835.5m; £676.8m) from short-term rental giant Airbnb, over alleged tax evasion. Prosecutors say the firm failed to collect a tax from landlords on around €3.7bn of rental income. Landlords in Italy ...

  Owning a car was among the many lists of achievements for a typical Nigerian. The celebration that hits the air when one is bought knows no bounds. Parents, relatives and friends are gathered, and the gin is used to render ...

Scarcity of Liquefied Petroleum Gas also known as cooking gas has hit Lagos and some other states in the country   The other affected states, according to findings by Punch correspondents are: Katsina, Sokoto, Delta, Kaduna and Kano. The rise ...

Flights resume as FG reopens Ibadan airport Flight activities resumed at the Samuel Ladoke Akintola Airport in Ibadan, Oyo State, on Sunday, after the facility was closed briefly by the Federal Airports Authority of Nigeria.   The airport was closed ...

150 bakeries close down due to economic challenges The Zamfara State chapter of the Nigeria Association of Master Bakers and Caterers has revealed that over 150 bakeries across the State have closed down due to economic challenges. This was disclosed ...

  A member of Zimbabwe President Emmerson Mnangagwa’s family and president of Zimbabwe Miner’s Federation, Henrietta Rushwaya has been convicted of trying to smuggle gold worth over $330,000 (£272,000). Henrietta Rushwaya was caught with bars weighing 6kg in 2020. She was travelling ...

  Lagos State government through the Lagos State Internal Revenue Service (LIRS) has closed down 34 corporate organisations for failing to remit Personal Income Taxes of their employees as well as non-remittance of Consumption Taxes, amounting to N356.12 million by operators in ...

Said Alkali, the Minister of Transportation, says the Nigerian Railways, will commence e-ticketing on Wednesday Mr Alkali said this on Monday in Abuja during the flag-off of e-ticketing for the Lagos-Ibadan and Itakpe–Warri routes. According to him, the e-ticketing system will ...

  The Lagos State Government has reopened Alaba International Market and some sections of the Trade Fair Complex in Ojo, Lagos, which were shut due to issues related to improper waste disposal and other environmental violations. This was made known ...

Sadio Mane has bought French club Bourges Foot 18, who play in the fourth-tier of the football pyramid The Senegal star, who left Europe in the summer to sign for Saudi Pro League side Al-Nassr, has been looking to purchase a ...

  FirstBank Celebrates Annual Week of Kindness, Partners NCF to Begin Planting of 50,000 Trees Over Three Years   In furtherance of its leading role in promoting socio-economic development, Nigeria’s premier and leading financial inclusion services provider, has announced the ...

The Corporate Affairs Commission says it has uncovered 189 fake companies used to secure land allocations in the Federal Capital Territory. The Registrar General of the commission, Hussaini Magaji, disclosed this during a press briefing on Tuesday in Abuja. Magaji stated that ...