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BusinessNews
NDLEA Busts Couple Operating Cocaine Cartel Between India, Nigeria
The National Drug Law Enforcement Agency (NDLEA) has arrested four members of a cocaine cartel operating between India and Nigeria. The syndicate’s assets,...
BusinessNews
UK Aviation Authority Reports Safety Concerns Over Air Peace Operations
The United Kingdom Civil Aviation Authority (UK CAA) has raised safety violation concerns regarding the Nigerian carrier, Air Peace, shortly after the airline...
BusinessNews
LASEPA Shuts Down Church and Six Establishments for Noise Pollution in Lagos
The Lagos State Environmental Protection Agency (LASEPA) has shut down a church and six other establishments in the Surulere and Orile Iganmu areas...
BusinessNews
TotalEnergies Seals First Supply Deal With Dangote Refinery
French energy major TotalEnergies has secured its first supply agreement with the Dangote Refinery in Nigeria, as announced by Chief Executive Patrick Pouyanne....
BusinessWorld
Japan’s Multinational, Toshiba, to Cut 4,000 Jobs Under New Ownership
Toshiba Corporation, a prominent Japanese multinational conglomerate, has announced plans to cut up to 4,000 jobs domestically as part of its ongoing restructuring...
BusinessNews
Insecurity Shut 60% of North-East Manufacturers Down – MAN
The Manufacturers Association of Nigeria (MAN) has sounded the alarm on the devastating impact of insecurity on businesses, revealing that 60% of its...
BusinessNews
Nigeria’s Oil Output Increases by 4% in April – OPEC Report
Amidst global market fluctuations and internal challenges, Nigeria’s oil production grew, according to the latest reports from the Organisation of Petroleum Exporting Countries...
BusinessNews
CBN Raises Import Duty as Naira Hits New Low Against The Dollar
The Nigerian Naira (NGN) further depreciated against the US Dollar on Monday, reaching a new low of 1,515 Naira to a dollar in...
BusinessNews
Nigeria’s NCS signs MoU with China’s GACC to foster bilateral trade
The Nigeria Customs Service (NCS) has signed a Memorandum of Understanding (MoU) with the General Administration of Customs of the People’s Republic of...
BusinessNews
Enugu Governor Peter Mbah Signs N100bn Deal With Company Registered 5 Days Ago
The Enugu State Government, led by Governor Peter Mbah, has signed a N100bn deal with Pragmatic Palms Limited, a company registered about five...
BusinessNews
U.S. Judge Dismisses Elon Musk’s X Corp Lawsuit Against Israeli Data-Scraping Firm
Elon Musk’s X Corp, formerly known as Twitter, faced a setback as a U.S. District Judge in San Francisco dismissed its lawsuit against...
BusinessNews
Canada Fines Binance Over $4 Million for Breaching Money Laundering Laws
Canada’s anti-money laundering agency, FINTRAC, has levied a hefty fine of nearly C$6 million ($4.38 million) against cryptocurrency exchange Binance. The penalty stems...