Amazon to open more warehouses in Europe
Amazon is planning to increase its presence in Europe by opening new warehouses and hiring more employees, despite the global economic downturn…
Business
UAE cancels Airbus H225M helicopters deal
The United Arab Emirates has reportedly cancelled a 2021 deal with Airbus to acquire twelve H225M Caracal multirole helicopters for around 800…
Nigeria on track to full electrification – Osinbajo
Vice President, Prof. Yemi Osinbajo has stated that Nigeria is on track to achieving national energy access in the next decade. Osinbajo…
Airtel Africa renews spectrum licence with N59b
A telecommunications company, Airtel Africa, has stated that its Nigerian subsidiary, Airtel Networks Limited, Airtel Nigeria, has paid N58.7 billion to renew…
Naira drops as forex market records 29% decline
The value of the naira dropped against US Dollar due to a decline in the daily foreign exchange turnover by 29.15% in…
Nigeria, Turkey partner to promote automotive industry
The Nigerian government has collaborated with an automotive manufacturing entity located in Turkey to advance the country’s automobile sector. According to the…
How Tony Elumelu took my UBA, Transcorp shares – Otedola
Billionaire businessman, Femi Otedola, on Tuesday morning, went down memory lane on his relationship with Tony Elumelu and his plans for Transcorp…
Osinbajo hands Transcorp certificate of discharge
Vice President Yemi Osinbajo on Monday presented a discharge certificate to the chairman of Transcorp Power Limited, Tony Elumelu, who is the…
Fuel subsidy: Civil society question $800m palliative loan
The Civil Society Legislative Advocacy Centre has questioned the over $800 million loan obtained by the Federal Government from the World Bank…
Subsidy removal’ll push fuel prices above N750 per litre – Marketers
Petrol consumers in Nigeria may have to pay over N700 per litre for Premium Motor Spirit between July and December 2023, once…
Nigerians will not die of economic hardship – Ngige
The Minister of Labour and Employment, Chris Ngige, has stated that Nigerians will not die but adapt to the economic hardships in…
Akwa Ibom surveyors demand clarity on land acquisition functions
The Nigerian Institution of Estate Surveyors and Valuers in Akwa Ibom State has requested the government of the state to clarify the…