Business

  The Federal Government denied yesterday it planned to hike the pump price of petrol, despite the increase in price from N180 per litre to N235 by independent marketers. The government in a statement by the Nigerian Midstream and Downstream ...

The Association of Table Water Producers (ATWAP) has raised the price of sachet (‘pure’) water to N300 per bag. National President, Clementina Ativie made the announcement in a statement. The decision was unanimously reached during the ATWAP national convention in ...

Police beat workers protesting over a pay dispute at the biggest factory for Apple’s iPhone, whose new model is delayed by controls imposed as China tries to contain a surge in COVID-19 cases. Foxconn, the biggest contract assembler of smartphones ...

The Naira on Monday appreciated against the dollar at the Investors and Exporters window, exchanging at N445.38. The figure represents an appreciation of 0.07 percent compared with the N445.67 for which the dollar exchanged at the close of business on ...

Alcohol will not be sold at the World Cup’s eight stadiums in Qatar after Fifa changed its policy two days before the start of the tournament. Alcohol was set to be served “in select areas within stadiums”, despite its sale ...

  Dollar Crashes At Parallel Market To N730 The naira, which has been falling against major currencies in the past two weeks, has staged a comeback, recording gains on the parallel market as it exchanged for about N730 to a ...

  An auction of paintings and sculptures from the collection of Microsoft co-founder Paul Allen fetched a record $1.6 billion over two days, Christie’s auction house said on Thursday. The successful auction in New York, where five works fetched more ...

  Kaduna is agog with excitement as preparation for this year’s First Bank of Nigeria Limited sponsored Emir of Zazzau African Patrons Cup and Breast Cancer Awareness Campaign gathers momentum. The African Patrons cup is an annual polo tournament which ...

  With Elon Musk fully takin over twitter, former Twitter co-founder Jack Dorsey is set to launch, Bluesky another social network app to rival Twitter. In the past 48 hours alone, 30,000 people have signed up for Bluesky. In this ...

  Kenya Airways flights were disrupted on Saturday as a strike by its pilots demanding better working conditions grounded over a dozen planes, affecting thousands of passengers, the country’s transport minister said. The airline, part-owned by the government and Air ...

  The Founder and former Chief Executive Officer (CEO) of Twitter, Jack Dorsey has created a new social platform called ‘Bluesky.’ This is coming barely one week after the United States’ richest billionaire, Elon Musk acquired Twitter with a whopping ...

  Academic Staff Union of Universities, ASUU, has accused the Federal Government of trying to break its ranks by selecting some medical lecturers for payment of their withheld salaries, while other academic staff are left unattended to. Specifically, the union ...

  Emirates Airlines yesterday announced the indefinitely suspension of flight operations to Nigeria over its inability to repatriate blocked funds. The airline, in a statement, said the suspension took effect from October 29, saying that its position had been communicated ...

  The Central Bank of Nigeria (CBN) has advised students to use the e-Naira platform to pay school fees and other payments. The advice came during a sensitization on e-Naira at the University of Lagos, Akoka, Lagos. Director of, Information ...

  The first draw of the ongoing Polaris Save & Win promo is scheduled to hold on November 4, 2022. The draw which would be conducted electronically, holds at the Bank’s Victoria Island, Lagos headquarters, and would be broadcast live ...

  New Twitter owner Elon Musk said Wednesday that it would be “a few more weeks” before any banned accounts — such as that of former US president Donald Trump — may be restored on the platform. Twitter users have ...

  Elon Musk, a multibillionaire entrepreneur, has disbanded Twitter’s board of directors, the social media firm he recently acquired. He fired all nine members of the board, making him the sole director of the microblogging platform. Earlier on Friday, Musk ...

  Club goers last night paused to mourn the loss of Davido’s son, 3-year old Ifeanyi as his song came up. In the now viral video, the club goers paused as the song ‘stand strong’ came up. The video was captioned “this ...

  The naira fell to N818/$1 at the parallel market on Monday in Abuja and N815 in Lagos as it continued to lose its value. Investigations by Daily Trust revealed that the naira is currently under high selling pressure in ...

  This is part of a premium service that will be rolled out under Elon Musk’s leadership, according to a report. “The whole verification process is being revamped right now,” Musk, who took over as the CEO of the social ...

Elon Musk has completed his $44bn takeover of Twitter, taking control of the company and reportedly firing several top executives, including the chief executive, Parag Agrawal. The world’s richest man tweeted “the bird is freed”, in a reference to Twitter’s ...

The Lagos State Government says plans are underway to ban the sale of plastic bottled drinks exposed to the sunlight. The General Manager, Consumer Protection Agency (LASCOPA), Mr Afolabi Solebo made this known in an interview with the News Agency ...

Germany on Wednesday paved the way to Legalising the purchase and possession of small amounts of marijuana for recreational use, as well as its production. “The federal cabinet today agreed the key points for the controlled distribution of cannabis to ...

  The Lagos State High Court sitting in Osborne, Ikoyi has granted an order of Mareva injunction restraining all commercial banks in the country from releasing or dealing in any manner with any money or assets due to Chinmark Group ...

  Kanye West could lose his billionaire status after being dropped by Adidas amid growing backlash over his anti-Semitic rants. The rappers $220million annual deal with the German sports brand, which is worth $1.5billion in total, has been terminated after his controversial ...