Oando receives electric buses for Lagos transportation
Oando Clean Energy Limited, which is a division of Oando Plc, has received a fleet of electric buses intended for transportation in…
Business
Reckitt Benckiser appoints Kris Licht new CEO
The Dettol producer, Reckitt Benckiser has appointed Kris Licht as its CEO designate to take over from Nicandro Durante, who will step…
Microsoft launches first data center in Poland
Microsoft on Wednesday announced the opening of its latest reliable cloud region in Poland, which is the first of its kind in…
Multichoice to increase cost of DSTV subscriptions May 1
Beginning on May 1, 2023, MultiChoice Nigeria will apply yet another price increase across all of its DStv bundles. This comes one…
GM to stop Chevrolet Bolt EV production this year
General Motors announced on Tuesday that it will cease production of its Chevrolet Bolt electric vehicle later this year to prioritize zero-emission…
Unilever Nigeria names Kleinebenne new MD
Kazeem Owoseni The Board of Directors of Unilever Nigeria Plc has approved the appointment of Mr. Tim Kleinebenne, following the resignation…
$2.8bn Ajaokuta-Kaduna-Kano gas project cost hit $1.1bn – NNPCL
The Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, reported that the construction of the Ajaokuta-Kaduna-Kano gas pipeline…
Netflix to invest $2.5b in South Korean movies
Netflix has announced plans to invest $2.5 billion in South Korea over the next four years to produce Korean TV series, movies,…
Nigeria lost 66m oil barrels to theft in one year – IOCs
Nigeria has been unable to produce and sell approximately 65.7 million barrels of oil due to pipeline vandalism and oil theft since…
Aviation strike cost Nigeria billions of naira – Air Peace
The Chairman and Chief Executive Officer of Air Peace, Allen Onyema, said that Nigeria lost several billions of naira within those two…
Insurance claims hit N1.5tn with increased awareness
Insurance industry statistics has revealed that Nigerian underwriting companies have paid N1.5tn claims to their customers over a six-year period. The…
Estate surveyors blame land use act for housing scam, land grabbing
The Nigerian Institution of Estate Surveyors and Valuers has expressed concern about the complicated procedure involved in acquiring a Certificate of Occupancy…