Powerful storm knocks out power, grounds hundreds of flights in US
A powerful nor’easter has knocked out power to thousands of homes and businesses across the northeastern United States, grounded hundreds of flights…
Business
Saudi Arabia’s crude exports surge despite Iran war escalation
Saudi Arabia’s crude oil exports have surged this month despite a sharp escalation in fighting involving Iran-backed militants, according to data from…
FCMB Group delays Q3 financial statements to December 29
FCMB Group Plc has notified the Nigerian Exchange Limited, its shareholders and the investing public of a potential delay in the release…
IPO is for the poor, not for raising money — Dangote
A video currently circulating online has captured the moment Africa’s richest man, Aliko Dangote, responded to a journalist who questioned his decision…
Dangote expands East Africa footprint with $660m Ethiopia-Djibouti pipeline deal
Nigerian billionaire Aliko Dangote, Ethiopia and Djibouti are set to develop a $660m refined petroleum products pipeline linking the two East African…
Gucci turns to China for new sneakers amid sales slump
Gucci has started selling new luxury sneaker models labelled “Made in China”, breaking from its long-standing tradition of Italian manufacturing as the…
Starbucks plans to shut 250 North American cafes
Starbucks on Thursday announced plans to close about 1 per cent of its North American cafes as part of its ongoing turnaround…
US launches online portal to report visa fraud, misuse
The United States Department of State has launched an online portal for members of the public to report suspected fraud or misuse…
FG, TotalEnergies, take FID on $800m Ima gas project
The Federal Government has announced the Final Investment Decision on the $800m Ima Gas Project, ending more than five decades of delays…
Geely unveils AI-powered charging technology to rival BYD
Chinese automaker Geely Auto has unveiled a new generation of artificial intelligence-powered charging technology as it steps up competition with BYD in…
PETROAN orders nationwide inspection of fuel pumps
The Petroleum Products Retail Outlets Association of Nigeria has directed its members nationwide to inspect their fuel dispensing meters following a warning…
NIMC denies NIN, personal data exposure reports
The National Identity Management Commission has denied reports that Nigerians’ National Identification Numbers and other personal data were exposed or put up…