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BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025
Trump signs executive order establishing US Bitcoin reserve

Investors flee to Europe, Japan amid trade war

  • 7th May 2025

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Amazon plans stand-alone app for payments in India

Amazon enters quantum race with launch of Ocelot chip

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9mobile loses over 300,000 subscribers as roaming deal with MTN faces delays

9mobile loses over 300,000 subscribers as roaming deal with

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Africa can lead AI-driven deep tech, says El Habti

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UAE commits to $25bn Nigeria-Morocco gas pipeline project

UAE commits to $25bn Nigeria-Morocco gas pipeline project

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Bitcoin drops to $60,000 amid escalating Iran-Israel tensions
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Binance: Gambaryan’s release from Kuje prison denied

The Federal High Court, Abuja, denies the bail application of the detained Binance executive, Tigran Gambaryan, on Friday amid the Federal Government’s opposition. Gambaryan’s lawyer, M. Mordi, had requested an order for his client to be granted bail pending the hearing and determination of the money laundering case brought against him by the Economic and […]

Travel

UAE launches 10-years blue resident visa

The government of the United Arab Emirates has announced a ten-year Blue Residence Visa for individuals who have made exceptional contributions to environmental protection to promote the culture of sustainability and environmental protection. This was disclosed by the Prime Minister of UAE Sheikh Mohammed bin Rashid Al Maktoum, on Friday, according to BT. He said, […]

FAAN begins sale of E-tags for federal airports
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FAAN begins sale of E-tags for federal airports

The Federal Airports Authority of Nigeria (FAAN) has declared the commencement of E-tag sales, allowing entry into the 24 federal airports nationwide, starting today, May 17, 2024. This announcement was disseminated through a statement shared on FAAN’s official social media account, formerly known as Twitter. As per the statement, the sale of E-tags is in […]

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Seplat’s revenue hits $1bn in 2023

Seplat Energy Plc, an energy coy listed on both the Nigerian Exchange Limited and the London Stock Exchange has revealed an increase of 11.5 per cent revenue to $1,061.3 million, crossing the $1.0 billion mark for the first time. This was disclosed at its 11th Annual General Meeting held virtually on Thursday, according to Daily […]

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Multiple tax threatening participation in AfCFTA – MAN

The Manufacturers Association of Nigeria has said that multiple taxation is exerting influence on the operations of manufacturers in the country and their participation in the African Continental Free Trade Area agreement. This was disclosed by the Director General of MAN, Segun Ajayi-Kadir, at the closing of the 26th Annual Tax Conference of the Chartered […]

Reddit launches AI-powered feature to compete with search engines
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Reddit partners OpenAI to add data in platform

Reddit has forged a partnership with OpenAI to incorporate its content into ChatGPT, a widely utilized chatbot. The collaboration was announced through a joint statement on Thursday, prompting a 12% surge in Reddit’s shares during extended trading, as reported by Reuters. This strategic partnership signifies Reddit’s commitment to diversifying its revenue streams beyond its primary […]

Business

Nigeria-Taiwan trade shrinks by $500m – Envoy

The Chief of Mission to the Taiwanese Government in Nigeria, Andy Liu, has said that the value of trade between Nigeria and Taiwan has dwindled to $500m in 2023, from $1bn in 2021. This was disclosed by Liu recently in Lagos while speaking at the 2024 Taiwan Business Forum in Nigeria, according to the Punch. […]

News

NUPENG, PENGASSAN calls for reversal of helicopter landing fee

Petroleum workers, under the aegis of the Nigerian Union of Petroleum and Natural Gas Workers and Nigeria’s Senior Oil Staff Association, have called for a lifting of the new landing fee imposed on helicopter operators. This was disclosed in a joint statement by the General Secretary of NUPENG, Afolabi Olawale, and PENGASSAN’s General Secretary, Lumumba […]

Uganda grants Flutterwave payment systems operator license
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Flutterwave loses N11bn to security breach

Financial technology company, Flutterwave, has reported a significant security breach resulting in the unauthorized transfer of ₦11 billion ($7 million) to multiple bank accounts. This incident follows closely on the heels of the company’s efforts to recover $24 million lost to unauthorized point-of-sale (POS) transactions, for which it secured a court order just a month […]

Microsoft proposes relocation of Chinese staff over US-China tensions
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Microsoft proposes relocation of Chinese staff over US-China tensions

Microsoft has proposed to some of its employees based in China to think about moving to other countries, the company announced on Thursday. This comes as tensions between the United States and China continue to rise, particularly concerning technologies such as artificial intelligence and semiconductors. According to The Wall Street Journal, which broke the story, […]

Top 10 African countries with most airlines in 2024
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Top 10 African countries with most airlines in 2024

Airlines across the continent encompass a spectrum, from established legacy carriers with global reach to agile regional operators catering to specific markets. Ethiopian Airlines, EgyptAir, South African Airways, Kenya Airways, and Royal Air Maroc rank among the continent’s prominent airlines. According to data from Planespotters, Nigeria leads the continent with the highest number of airlines, […]

Nigeria-UAE flights to resume soon – Keyamo
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Nigeria-UAE flights to resume soon – Keyamo

The Minister of Aviation and Aerospace Development, Festus Keyamo, on Thursday, revealed that flights between Nigeria and the United Arab Emirates will recommence soon. He made this announcement following a meeting with UAE Ambassador Salem Saeed Al-Shamsi in Abuja. Keyamo mentioned that the ambassador presented official communication from Emirates Airline, indicating a scheduled date for […]

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