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Geely unveils AI-powered charging technology to rival BYD

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EU invests €3bn, generates 160,000 jobs in Nigeria yearly - Ambassador
Business

UK businesses urge EU to reduce energy prices

European businesses have urged European Union to lower energy prices and ease policies to stop industries from leaving the country. This statement was made on Monday, as Brussels prepared plans to accelerate the green economy. The EU is driving towards Europe’s enhanced attractiveness to companies and industries who may be want to move to United […]

Building representing Real Estate
Business

Real estate firm, bank build market for electrical, building materials dealers

A real estate company, M. I. Okoro and Associates, has announced its partnership with Polaris Bank to build market and relocate about 2,000 electrical and building materials dealers in Rivers State. According to the Founding Partner, Meckson Okoro, in a briefing with journalists in Lagos, plans are in progress to relocate traders selling in Okija, […]

Emefiele orders banks to dispense old naira notes - Soludo
featured

Emefiele orders banks to dispense old naira notes – Soludo

By Christian George The Central Bank of Nigeria has mandated commercial banks to dispense and accept deposits of old N500 and N1000 naira notes. This was made known by the governor of Anambra State, Prof Charles Soludo on Monday via his social media handle. The former CBN governor said commercial banks are to dispense and […]

FAAN shuts Lagos airport runway for eight weeks
Aviation

  Kazeem Owoseni   The Federal Airport Authority has announced to the general public that runway 18R/36L of the Muritala Muhammed International Airport in Lagos, has been closed. This was contained in a notification twitted on the organisation’s verified Twitter handle, this morning. According to the notice, the runway was closed, to carry out some […]

Charcoal
Business

Group to enlighten charcoal producers on tree planting

The National Charcoal Producers, Dealers and Exporters Association of Nigeria plans a consultative meeting with government agencies to enlighten charcoal stakeholders on the importance of afforestation, known as tree planting. The association disclosed this on Sunday in a statement accessed by the News Agency of Nigeria in Abuja. The National President of the association, Mr […]

Silicon Valley Bank
Business

Silicon Valley Bank failed over rising interest rate – Report 

A tech-heavy lender, Silicon Valley Bank, was closed down on March 10, 2023 and taken over by United States regulators owing to rising interest rates and others. SVB is popularly known to be a financial partner of the innovation economy. Before its closure on Friday, it supports individuals, investors and tech-innovative companies to achieve scaling […]

The old 500 and 1000 naira noted
Business

Oyebanji urges Ekiti businesses to accept old notes

Ekiti State Governor, Biodun Oyebanji, has urged residents of the state to continue to accept the old naira notes as they are legal tenders following the Supreme Court judgment of its validity till December 2023. The Punch reported that Oyebanji implored business owners to keep abiding by the law and order of the state in […]

Many gathered to protest against pension reform
Business

French pension protests enter day seven

France workers have on Saturday set out to protest against President Emmanuel Macron’s pension reform plans, the seventh movement since its announcement. This is happening alongside the ongoing strike in the nation affecting refineries, public transport and the collection of garbage, Reuters reported. It was reported that the protest started at 10 a.m in the […]

NCC, Telecom operators urge states to review policies for broadband expansion
Business

Telcos lost 12 million subscribers in 2021 over NIN-SIM linkage 

Telecommunication companies lost a total of 12 million internet subscribers in 2021 owing to the policy of  National Identification Number and SIM linkage.   This was according to the Nigerian Communications Commission in its latest report released on Friday titled, “2021 subscriber/network data annual report.”   The report revealed that internet subscribers in 2021 declined […]

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