Business

Naira Loses To Dollar, Closes At 419 As CBN Governor Is After 2023 Ambition

The Naira on Monday depreciated at the Investors and Exporters window, exchanging at N419 to the dollar, a 0.48 per cent depreci…

We Are Buying Twitter From Elon Musk — Cubana Chief Priest

Less than a week after taking over Twitter, Elon musk’s business acumen is set to be put to the test, as celebrity barman, Cuban…

Twitter Acquisition: Elon Musk Sends Message To Critics

Billionaire, Elon Musk, has sent a message to his critics, as his bid to buy social media platform, Twitter, closed in his favou…

2023: FG Reopens Idiroko, Three Other Land Borders As Election Approaches

The Federal Government on Friday approved the reopening of four additional land borders shut in August 2019 as part of efforts t…

FG Orders DisCos To Charge Nigerians Per Hour Of Electricity Supplied

The Federal Government has directed Electricity Distribution Companies (DisCos) to bill consumers according to the hours of ele…

Nigeria Is Ready To Supply Gas To Europe - Says Sylva.

Following the war between Russia and Ukraine, which is threatening the supply of gas to European countries by Russia, the Minist…

Elon Musk makes huge $43 billion offer to take over Twitter

The Chief Executive Officer of Tesla, Elon Musk, has offered to buy micro-blogging and social media platform, Twitter, for $43 b…

Tension as Chinese stop police from sealing factory

There was tension in the Satellite Town area of Lagos State yesterday after some Chinese nationals prevented the police from sea…

FG Accuses Ghana, Others Of Lobbying Companies To Leave Nigeria

Minister of industry, trade and investment, Otunba Adeniyi Adebayo, yesterday told the House of Representatives Committee on Pu…

Niger President Thanks Buhari For Spending $1.96bn On Boarder Train

President Mohammed Bazoum of Niger Republic has expressed appreciation to the President, Major General Muhammadu Buhari (retd.),…

Russia forfeited $2bn Ajaokuta steel renovation contract over war with Ukraine — Adegbite

The crisis involving Russia and Ukraine has cost the latter a $2 billion dollar deal to renovate the ailing Ajaokuta steel compa…

Price Hike: Senate Demands Pay-per-view From PayTV Operators

The Senate on Wednesday demanded that the Federal Government direct all PayTV operators in the country to introduce pay-per-view…

Nigerian Governors In Dubai For Investment Drive

Fourteen Nigerian governors have arrived Dubai, United Arab Emirate (UAE) for an Annual Investment Meeting, starting tomorrow, M…

Nigeria Borrowed ₦6.64tn, Serviced Debt With ₦2.93tn In 2021, Says DMO

The Debt Management Office on Thursday said Nigeria’s total public debt stock increased to N39.56tn in 2021 from N32.92tn in 202…

Senate passes bill mandating banks to report deposits above N5Million to EFCC.

▪︎Any single transaction or lodgment in excess of N5m for an individual and N10m for a corporate body must be reported to EFCC. …

Only three more days, all airlines in Nigeria will shut down – Chairman Airpeace, Allen Onyema

Nigerian Airline operators are demanding operational licenses from the federal government to begin importation of fuel, followin…

FG Shuts Illegal Online Banks, Loan Apps, Freezes Business Accounts

The Federal Competition Consumer Protection Commission (FCCPC) in conjunction with the Independent Corruptb Practices Commision(…

Jet Fuel Now ₦670 Per Litre From ₦170 - Airline Operators Cry Out

The Chief Executive Officer of Air Peace, Allen Onyema, has disclosed that the Nigerian airlines risk going under in the next th…