The Dangote Refinery is poised to reshape global oil flows as it ramps up operations, according to a report by S&P Global. The refinery, which began...
Nigerian billionaire, Aliko Dangote, has been ‘dethroned’ of the title as Africa’s richest man by Johann Rupert, a prominent South African entrepreneur. The last time the...
Ecobank Plc, one of the major commercial banks in Nigeria, announced the indefinite closure of its branches across the country on Friday. In a message sent...
Authorities have initiated an investigation into the business practices of Coca-Cola Nigeria Ltd and the Nigerian Bottling Company. The inquiry aims to examine compliance with regulatory...
The Federal Competition and Consumer Protection Commission (FCCPC) has stated that WhatsApp’s threat to exit Nigeria is a strategic move aimed at generating public backlash and...
One week after Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) imposed a $220 million fine on WhatsApp for a data privacy breach, the messaging platform...
Alhaji Aminu Umar, President of the Nigerian Chamber of Shipping, has been appointed as the first African Director on the Board of the International Chamber of...
The Minister of Aviation and Aerospace Development, Festus Keyamo, has ordered the grounding of Arik Air’s operations. Although an official statement has not been issued to...
Yesterday, the Naira appreciated to N1,580 per dollar in the parallel market, down from N1,610 per dollar last Friday. However, in the Nigerian Autonomous Foreign Exchange...
The National Industrial Court in Lagos has ordered Ecobank Nigeria Limited to pay 1,742 to former employees of Oceanic Bank a total of N1,086,611,589.11. After Oceanic...
