Business and Economy
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Gulf of Guinea: UN officials, Pobee, Waly, urge stronger action to address piracy
By Cecilia Ologunagba New York, Nov. 23, 2022 A senior UN official, Ms. Martha Pobee has called on countries…
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Buhari unveils redesigned Naira Wednesday – Emefiele; Insists: No deadline extension for deposit of old notes
CBN Governor, Mr. Godwin Emefiele By Kadiri Abdulrahman Abuja, Nov. 22, 2022 The Governor of the Central Bank of Nigeria…
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Maritime nations need finance to develop fossil fuel – IMO Sec. Gen
By Chiazo Ogbolu Lagos, Nov 21, 2022 Mr. Kitack Lim, the Secretary-General, International Maritime Organisation (IMO), says maritime nations need…
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Zenith Bank heralds the Yuletide Season with Ajose Adeogun Street Christmas Light-Up
It was a great spectacle to behold as the Christmas and Yuletide season came to life at the 2022 Zenith…
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NLNG begins inauguration of teaching hospitals in 12 states
By Yunus Yusuf Lagos, Nov. 18, 2022 Nigeria Liquefied Natural Gas Ltd. (NLNG) says it has commenced the inauguration of…
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IMO Secretary General Kitack Lim arrives Nigeria for Nigeria International Maritime Summit; 1St visit by IMO Secretary General in 15 years
The Secretary General of the International Maritime Organization (IMO), His Excellency Kitack Lim, is scheduled to visit the Federal Republic…
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L’Oréal partners KongaHealth, set to launch in Nigeria
L’Oréal, the world’s leading beauty company, is set to finally launch in the Nigerian market after an exclusive distribution agreement…
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Osinbajo-led council approves governance framework for $3bn hydropower plant in Benue
By Chijioke Okoronkwo Abuja, Nov. 25, 2022 The National Council on Privatisation (NCP), chaired by Vice President Yemi Osinbajo, has…
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Talentcity Energy throws weight behind FG’s renewable energy masterplan
Talentcity Energy, a renewable energy development company, is ramping up its youth empowerment programme with three training programmes scheduled for…
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Naira redesign: CBN commits to protecting unbanked, underserved Nigerian rural dwellers
By Kadiri Abdulrahman Abuja, Nov. 13, 2022 The Central Bank of Nigeria (CBN) has restated its commitment to protect interests…
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COP27: Afeximbank pledges to support Africa bridge climate finance gap
By Okeoghene Akubuike Abuja, Nov. 12, 2022 African Export-Import Bank (Afreximbank) has pledged to support Africa to bridge the US$…
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Global food imports to reach $2trn – FAO
By Cecilia Ologunagba New York, Nov. 12, 2022 The UN Food and Agriculture Organisation (FAO) says food import costs globally…
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Amazon partners Ashour Corporation for West Africa rollout
From: Sunil Shah, Dubai. Amazon Ring has appointed Ashour Corporation FZE, a Dubai-based company with majority stake by Nigerian-born tech…
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CBN says hoarding, counterfeiting, reasons for naira redesigning
By Lydia Ngwakwe Lagos, Nov. 10, 2022 The Central Bank of Nigeria (CBN) on Thursday said counterfeiting and hoarding were…
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Nestlé partners with Africa Food Prize to strengthen food security, climate change resilience
Accra, Ghana: November 9, 2022 Nestlé has announced that it is partnering with the Africa Food Prize to help accelerate…
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NNPC reforms: My life is being threatened – GMD
By EricJames Ochigbo Abuja, Nov. 9, 2022 The Group Managing Director (GMD) of the Nigeria National Petroleum Company (NNPC Ltd),…
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Alleged N170m FIRS contract fraud: Court strikes out charges filed by Falana against Zinox boss, others
The High Court of the Federal Capital Territory (FCT) presided over by Honourable Justice C. O. Oba sitting in Court…
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Apple Inc. appoints TD Africa first indigenous distributor for Nigeria
After a painstaking study of the Nigerian market and search for an indigenous distribution company with proven capacity and sound…
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Prudential Africa leads industry with highest number of Million Dollar Round Table (MDRT) qualifiers
Prudential Africa has announced that 222 of its sales representatives across seven of its markets in Africa have qualified for…
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Twitter to permanently suspend account impersonators
Los Angeles, Nov. 7, 2022 Twitter will permanently suspend users who impersonate authentic accounts on the social media platform, new…
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Amazon to pause hiring due to uncertain economic situation
Los Angeles, Nov. 4 2022 E-commerce giant, Amazon, has announced it would temporarily put a stop to hiring more employees…
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Reps rejects foreign affairs 2023 budget
By EricJames Ochigbo Abuja, Nov. 2, 2022 The House of Representatives Committee on Foreign Affairs has resolved not to consider…
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Media big wigs, Izeze, Nwakanma, Abu, storm Awka on Audit Reporting Mission By Uzor Maxim Uzoatu
There was an invasion of Awka, the capital of Anambra State, by a troika of Nigeria’s savviest journalists, and another…
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Q3: Dangote increases cement sales by 6.2% to 20.8mt as it embraces alternative fuel to cut cost
For the third quarter of 2022, the Management of Dangote Cement has recorded an increase in the overall volume of…
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Okowa blew N2.8 trillion of Delta money in seven years with nothing to show for it – Omo-Agege insists
Senator Ovie Omo-Agege, the Deputy Senate President and Delta APC Governorship candidate, has again accused the Ifeanyi Okowa-led administration of…
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