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Business & Economy

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...

Breaking: Nigeria records 3.4% economic growth in 2021 – NBS

The National Bureau of Statistics, NBS, said that the nation’s economy grew by 3.4 per cent in 2021, up from the 1.92 per cent...

MTNN Dividend Payment Jumps 40% after Earnings Beat

MTN Nigeria Plc has raised dividend payout to its shareholders by 40 per cent, according to the company's financial statement. This follows a steller...

Oil price hits $85 a barrel

Oil price surpassed $85 a barrel for the first time in three months. On Wednesday, Brent crude futures, the global benchmark, rose 1.66% to $85.11...

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