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Boeing Offers 25% Pay Raise to Over 30,000 Employees to Avert Looming Strike
Boeing and the International Association of Machinists and Aerospace Workers have reached a tentative agreement to avoid a strike that would have affected...
BusinessNews
Abuja Entrepreneur Laments As Alleged “N150 Million Poultry Farm Investment” Destroyed By FCDA
An entrepreneur, Akomolafe Bankole, said his N150 million poultry farm investment in Lokogoma, Abuja, was destroyed by the Federal Capital Development Authority (FCDA)...
BusinessNews
Just In: NNPC Raises Fuel Prices to N897 per Litre
The Nigerian National Petroleum Company (NNPC) Limited has increased the pump price of Premium Motor Spirit (PMS) to N897 per litre across the...
BusinessNews
“We did not Instruct NNPC to Raise Fuel Prices”- FG Says
The Federal Government has refuted reports claiming that it instructed the Nigerian National Petroleum Company Limited (NNPCL) to sell fuel at ₦1,000 per...
BusinessNews
Liberia Shuts Down China Union’s Bong Mines Over Environmental Violations
Liberia’s Environmental Protection Agency (EPA) has closed down the operations of China Union’s Bong Mines due to multiple environmental violations. The shutdown was...
BusinessNews
France Charges Telegram CEO with Multiple Offenses, Demands €5 Million Bail
French authorities have charged Telegram CEO Pavel Durov with multiple offences related to alleged illegal activities on his messaging platform. Durov, arrested on...
BusinessNews
Telegram Founder Arrested at Airport in France
Pavel Durov, the founder of Telegram, was arrested at Le Bourget Airport near Paris. Officers from France’s anti-fraud unit, linked to French customs,...
BusinessNews
Stranded NASA Astronauts to Return to Earth With SpaceX Flight Next Year
NASA has decided that two astronauts stranded on the International Space Station (ISS) will return to Earth in February 2025 aboard a SpaceX...
BusinessNews
Wale Tinubu’s Oando Acquires Nigerian Agip Oil Company for $783 Million
Oando PLC has finalised the acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for $783 million. Wale Tinubu,...
BusinessNews
NNPC Hands Over All Retail Assets, Petrol Stations To OVH Energy Run By Wale Tinubu
NNPC Retail, the downstream arm of the Nigerian National Petroleum Company Limited (NNPCL), has transferred its assets and ownership to OVH Energy Marketing...
BusinessNews
Niger Resumes Oil Exports to Benin After Months-Long Dispute
Niger has resumed crude oil exports to Benin following a resolution of the dispute that had halted the flow of oil through a...
BusinessNews
Amid Persisting Fuel Scarcity, NNPC Denies Owing International Oil Traders
The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied claims that it owes $6.8 billion to international oil traders. This was in...