DE holds finance, business training for unemployed graduates
1235 graduates of the National Directorate of Employment have began a five-day program on Monday at the National Directorate of Employment. The NDE's Director General, Malam Abubakar Fikpo, revealed this during…
NNPC takes over as OML 18 operator
The Nigerian National Petroleum Company Limited has replaced Eroton Exploration and Production Limited as the new operator of Oil Mining Lease 18. The Cable reported that, NNPC spokesperson, Garba…
No plan to sue Nigerian govt – Huawei
A media report claiming that Huawei Technologies, a global provider of ICT infrastructure, had decided to challenge the Federal government in London over a $304 million e-customs project because of…
ExxonMobil to complete sale of shallow water assets soon
Energy leader, ExxonMobil, said it is hopeful to sell its shallow water oil production assets to Seplat Energy soon upon approval from the Nigerian government. This was disclosed in a…
TotalEnergies to earn N85 billion in Q2 2023 – Report
For the second quarter of the year ending in June 2023, TotalEnergies Marketing Nigeria Plc hopes to generate N84.86 billion in revenue. AmBusiness reported that this information was provided in the…
Offer duty-free market access, Buhari urges developed nations
In order to ensure the 46 least developed countries' integration into regional and global value chains, the President, Major General Muhammadu Buhari (retd.), has urged developed and developing countries to…
Earthquake: Turkey’s Central Bank gets $5bn from Saudi
Saudi Arabia announced on Monday that it was depositing $5 billion in the Turkish central bank in an effort to help the country combat inflation and the effects of last…
Germany may lose €900bn to climate change by 2050
Climate change may cost Europe's biggest economy, Germany, about 900 billion euros in cumulative economic damage by 2050. This is according to a study that came out on Monday, as…
Hundreds of passengers stranded as Lufthansa pilot diverts Lagos-bound flight
The Lufthansa Flight LH566 from Frankfurt was intended for the Murtala Muhammed International Airport in Lagos as a direct flight, but the pilot lied to the passengers on Friday saying…
Turkish board fines Elon Musk over Twitter purchase
The Turkish Competition Board has on Monday said Elon Musk will be fined over Twitter's takeover without the board's permission. Reuters reported that Turkey's board decided to fine Musk an…
Obasanjo blames political leaders for food insecurity
A former President, Olusegun Obasanjo, has revealed that farmers are not to be blamed for food insecurity in the country but political leaders. Naija News reported that the Obasanjo…
How naira scarcity could impact private businesses – Report
Bisola David Stanbic IBTC Bank's February Purchasing Managers' Index has revealed that the private sector may have suffered midway through the first quarter of the year as a result of the…
