Business

  The National Security Adviser, Malam Nuhu Ribadu, says the country is still losing 400,000 barrels of crude oil daily to local and international thieves despite efforts to end the menace. Ribadu confirmed this when he led a presidential delegation to inspect ...

  Google has supported the Federal Government with N1.2bn to create jobs The Vice President, Kashim Shettima, on Tuesday, received some executives of Google at the Presidential Villa, Abuja. Shettima also lauded the N1.2bn grant provided by the technology giant for the support ...

  FIRSTBANK COMMISSIONS ITS SECOND FULLY AUTOMATED SELF SERVICE BRANCH, UNVEILS ITS DIGITAL XPERIENCE CENTRE IN UNIVERSITY OF IBADAN The FirstBank Digital Xperience Centre (DXC) in the University of Ibadan (U.I) is the Bank’s second fully automated self-service centre. The ...

  Neymar has been pictured in an Al-Hilal kit for the first time as he seals his £78million switch from Paris Saint-Germain. The Brazilian was seen speaking to the Saudi club’s fans in a video on their social media pages where ...

  Dollar crashes to N790 at parallel market after Tinubu’s meeting with CBN Governor The dollar has crashed to between N805 to N790 at the parallel exchange market on Tuesday. It started a steady decline from N925 to N930 that ...

  AT ITS 11TH AGM, FBNHOLDINGS REASSURES SHAREHOLDERS OF SUSTAINED IMPROVEMENTS AND DIVIDENDS   The 11th Annual General Meeting (AGM) of FBN Holdings Plc (FBNHoldings), the parent company of Nigeria’s premier financial inclusion services provider, FirstBank, was held on Tuesday, ...

    Pastor Ashimolowo quits preaching after 40 years, begins real estate business   After preaching the Christianity gospel for over 40 years, veteran Pastor Matthew Ashimolowo, founder of Kingsway International Christian Centre, KICC, has chosen a new career real ...

  World Of Statistics Releases World Richest Men Ranking The CEO of Twitter, Elon Musk, continues to hold the top spot on a list of the richest individuals in the world. This was disclosed by the World of Statistics in ...

  FIRSTBANK GRADUATES THE FOURTH SET OF PARTICIPANTS IN ITS SENIOR MANAGEMENT DEVELOPMENT PROGRAMME (SMDP)   The SMDP is an intensive skill development programme structured to enhance core leadership and business competencies of selected senior management staff within the Bank ...

  The Nigerian Postal Service (NIPOST) has raided unlicensed and illegal courier and logistics operators in Katsina State, sealing some of their offices and impounding some motorcycles. The general manager, Courier and Logistics Regulatory Department (CLRD) of the NIPOST, Mr. Dotun ...

  The Corporate Affairs Commission has said it will remove 100,000 registered companies from its database soon. During a training on ‘Use of the beneficial ownership register’, in Lagos, the Registrar-General and Chief Executive Officer, CAC, Alhaji Garba Abubakar, disclosed ...

  Twitter’s logo changed: The ‘blue bird’ logo has served as a home button on the web version of the micro-blogging site.   Elon Musk announced the new logo on Twitter by posting a screenshot of a conversation with the ...

  FBN Holdings Plc, has reported a profit before tax of N206 billion for the half year ended June 30, 2023. FBNHoldings disclosed the figures in its second-quarter statement released yesterday on the Nigerian Exchange. The increase in second-quarter profits ...

  US-based multinational technology company Apple yesterday closed trading with a $3 trillion market value. According to CBS, Apple has become the first to achieve that feat in recent time. The 47-year-old tech firm’s shares closed up 2.3 per cent ...

OceanGate Expeditions is still advertising trips to the Titanic shipwreck on its website — more than 10 days after its submersible imploded on its deep-sea journey to the wreckage, killing all five aboard. The undersea exploration company lists two missions ...

  In recent times, Nigerians have had to suspend their travel plans to the United States and Europe as a result of the increase in fares which has tripled as a result of the high exchange rate for ticket pricing. ...

  The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol, since May 31, 2023, when the initiative was officially implemented, oil marketers stated on Thursday. ...

  Oil marketers have projected that the pump price of petrol could rise above N700 per litre in Northern Nigeria starting from July. The National Controller Operations, Independent Petroleum Marketers Association of Nigeria, Mike Osatuyi, told The Punch that prices ...

  The World Bank Group has approved a loan of $500m to help Nigeria drive women’s empowerment. This became the second loan approved by the World Bank under the new President, Bola Tinubu. It is a scale-up financing for Nigeria ...

  Lionel Messi’s father and agent, Jorge, has reportedly accepted a record-breaking offer from Saudi side Al-Hilal.   French outlet Foot Mercato has claimed that the total package would amount to a staggering €1.2 billion (£1.1bn/$1.3bn) over two years – more ...

  CEO of Moët Hennessy Louis Vuitton (LVMH), Bernard Arnault, the world’s richest man, lost $11.2 billion in one day, but is still wealthier than Elon Musk. Musk is the second richest man in the world, with a net worth ...

  The Central Bank of Nigeria has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country. The revocation exercise was disclosed in the official gazette of the Federal Government published ...

  The Economic and Financial Crimes Commission, (EFCC) has secured the conviction of one Ibrahim Musa Dabai on a one count charge bordering on tampering with Nigerian currency in Kano state. Dabai was arrested by officers of the National Drug ...

Nigeria’s profile in the global oil industry will be boosted today as President Muhammadu Buhari leads five other African Presidents to inaugurate Dangote Petroleum Refinery & Petrochemicals. The Presidents are Faure Gnassingbé (Togo), Nana Akufo-Addo(Ghana); Macky Sall (Senegal), Mohamed Bazoum ...

Founder of new generation bank, FCMB, Otunba Michael Olasubomi Balogun, is dead. According to reports, Balogun reportedly died in London on Friday morning at the age of 89. He was Otunba Tunwase of Ijebuland before his death. As a ranking ...