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After Miscarriage, Court Remands Chioma Over Facebook Review Of Erisco Foods Product
A Federal High Court in Abuja has ordered Chioma Okoli to be remanded at the Suleja Correctional Centre over Facebook comments she made...
BusinessNews
Customs Seizes Tons Of Rice, 373,440 Litres of Smuggled Petrol Headed For Benin Republic
The Seme Border Command of the Nigeria Customs Service has intercepted 373,440 litres of petrol headed for Benin Republic and 6,467 bags of...
BusinessNews
Landmark Demands Compensation Over Demolition of Beachfront
Landmark, a multi-million dollar corporate resort entity, has demanded compensation from the Lagos State and Federal governments for demolishing its beachfront. This was...
BusinessNews
Just In: Fire Erupts at NNPC Filling Station in Lagos
Fire has broken out at a Nigerian National Petroleum Corporation (NNPC) filling station near the Fadeyi bus stop in the Mushin area of...
BusinessNews
Binance Executive Collapses in Abuja Court During Money Laundering Trial
Tigran Gambaryan, a detained Binance executive facing money laundering charges, collapsed in a Federal High Court in Abuja on Thursday during a trial...
BusinessNews
Microsoft Announces $1bn Data Centre In Kenya Two Weeks After Shutting Its Lagos Facility
Microsoft has announced plans to build a $1 billion geothermal-powered data centre in Kenya in collaboration with G42, a top artificial intelligence firm...
BusinessNews
Red Sea: Maersk Warns Import-Driven Nations of Price Increment Ahead of June
Due to the Red Sea situation, Maersk, a Danish shipping and logistics company, has warned of temporary price increments ahead of June. In...
BusinessNews
CBN Not Clamping Down on OPay, Other FinTechs- Cardoso
The Central Bank of Nigeria (CBN) has stated that it has no plans to clamp down on FinTech firms in Nigeria. CBN Governor...
BusinessNews
Amid Inflation, CBN Increases Interest Rate To 26.25% For The Third Time In 2024
The Central Bank of Nigeria (CBN) has increased its interest rate by 150 basis points (bps) from 24.75 per cent to 26.25 per...
BusinessNews
Inconsistent Policies Divert $6 Billion TotalEnergies Projects from Nigeria to Angola, CEO Reveals
Inconsistent policymaking decisions have led to diverting $6 billion in energy projects from Nigeria to Angola, explained TotalEnergies CEO Patrick Pouyanne. Speaking at...
BusinessNews
Air Peace Refutes UK Safety Violation Claims, Denounces Media Reports As Exaggerated
Air Peace has debunked recent media reports alleging safety breaches during its operations in the United Kingdom, describing them as exaggerated and sensationalised....
BusinessNews
CBN Withdraws Circular On Controversial 0.5% Cybersecurity Levy
The Central Bank of Nigeria (CBN) has withdrawn its circular mandating banks and payment service providers to collect and remit a 0.5% cybersecurity...