Hajj: Travel agents threatens showdown with NAHCON over trapped N2.8bn
A new financial controversy is emerging at the National Hajj Commission over the alleged seizure of more than N2.8 billion belonging to…
News
Non-oil export hits $510m in April – CBN
The Central Bank of Nigeria’s April 2024 Monthly Economic Report reveals that Nigeria’s non-oil export sector saw a 2% increase in revenue,…
NNPCL pushes to privatise Warri and Kaduna refineries
The Nigerian National Petroleum Company Limited has announced plans to privatise the operation and maintenance of the Warri and Kaduna refineries. The…
Financial expert Rewane doubts Tinubu’s five-year $1trn economy target
Renown economist and Managing Director of Financial Derivatives Company, Bismarck Rewane has expressed skepticism about the current administration’s goal of achieving a…
Enugu launches asphalt production plant, targets 3,200 tons daily
The Enugu State Governor, Peter Mbah, has inaugurated a new asphalt production plant in Emene on Thursday. The state-owned facility boasts a…
LCCI calls for accountability from NGIF fund managers
The Lagos Chamber of Commerce and Industry has called on the newly appointed managers of the $10 billion Nigeria Global Investment Fund…
Why Nigerian project managers must be certified – CIPM
The Chartered Institute of Project Managers of Nigeria has affirmed its commitment to ensuring that only certified professionals are authorized to manage…
FCCPC issues traders one-month deadline to reduce prices nationwide
The Federal Competition and Consumer Protection Commission has announced a one-month moratorium for traders and market stakeholders involved in exploitative pricing, urging…
Salesforce shares rise 4%, eyes additional $9bn to market capitalization
Salesforce shares rose to 4% on Thursday as investors responded positively to the company’s strong quarterly performance and its aggressive push into…
Samsung eyes Nokia’s mobile networks assetsa
Nokia is exploring strategic options for its mobile networks business, with potential interest from suitors such as Samsung Electronics, Bloomberg News reported…
Nigerian airlines, Boeing partner to strengthen aircraft acquisition, safety practices
Major Nigerian airlines, represented by the Airline Operators of Nigeria, have entered into a Memorandum of Understanding with Boeing to enhance aircraft…
Google eyes hyperscale data center Investment in Vietnam
Alphabet’s Google is reportedly considering a significant investment to establish a hyperscale data center in Vietnam, marking the first major venture of…