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Business & Economy

Russia- Ukraine war: EU embargoes Russia oil, turns to Nigeria, others for supply

Reports indicate that the European Union is on the verge of slamming Russia with an oil embargo as a punishment for its invasion of...

Google’s second subsea cable in Africa arrives Lagos

The subsea cable was named after Nigerian-born writer and abolitionist, Olaudah Equiano  Global technology giant, Google, has announced the arrival of its subsea cable, Equiano,...

Flutterwave achieves $3b valuation, African fintech highest

Flutterwave has tripled its valuation to $3 billion after a new $250 million injection in a Series D deal, making the Nigerian startup the...

Lekki seaport to commence operations in September Amaechi

The Minister of Transportation, Chibuike Rotimi Amaechi has disclosed on Sunday that the Lekki deep seaport in Lagos will commence commercial operations in September...

Russia – Ukraine war will negatively impact Africa economy – IMF

The ongoing war between Russia and Ukraine and the attendant economic sanctions slammed on Russia by western economic powers will have a devastating effect...

We are not moving out of Nigeria, Guinness official

Guinness Nigeria Plc has said that the company has no plans of leaving Nigeria, contrary to the false statements making rounds on some social...

MTN sales executive resigns amid sex abuse allegation

The chief sales and distribution officer of MTN Nigeria, Adekunle Adebiyi has reportedly resigned. His resignation is coming on the heels of sexual harassment...

Facebook to shut down Campus, its college student-only social network

Facebook attempted a return to its roots as a college-focused social network with the fall fall 2020 launch of Campus, a private section within Facebook...

N’assembly throws out bill seeking to include VAT on exclusive list

The move by the Federal Inland Revenue Services (FIRS) to have the Value Added Tax (VAT) on the exclusive list has been rejected by...

‘Your strike is illegal’, FG tells ASUU

The Federal Government has declared the one month warning strike by the Academic Staff Union of Universities (ASUU) as illegal, saying the demands of...

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