Category: Business

NPA retirees threaten nationwide protest over 16 years unpaid pensions

Retirees of the Nigerian Ports Authority have threatened a nationwide protest over what they describe...

Hormuz vessel traffic slumps after brief weekend surge

Observed commercial transits through the Strait of Hormuz have come to a near standstill, marking...

FG borrows N100bn from unclaimed dividends

The Federal Government has recorded a N100bn borrowing from unclaimed dividends and dormant bank accounts,...

New mini-grid rules will unlock renewable energy expansion – REA

The Managing Director of the Rural Electrification Agency, Dr Abba Aliyu, has praised the newly...

UK banks to access guarded Anthropic AI model amid concerns

British banks are set to gain access next week to a powerful artificial intelligence tool...

UK confronts Meta, TikTok, Google, others over online safety concerns

British Prime Minister Keir Starmer has told social media executives that “things can’t go on...

20million people at risk of food insecurity in Sub-Saharan Africa – IMF

The International Monetary Fund says more than 20 million people in sub-Saharan Africa are at...

Lagos strengthens Red Line capacity with new 24-car train delivery

Lagos State Governor Babajide Sanwo-Olu says the state has taken delivery of a new set...

Europe has ‘six weeks’ of jet fuel left – IEA

Europe may have “perhaps six weeks of jet fuel remaining,” according to the head of...

MTN suspends Xtratime airtime, data credit service

MTN Nigeria has temporarily suspended its airtime and data credit advance service, widely known as...

Nigeria handles 25% West African cargo despite 60% GDP — NPA

The Managing Director of the Nigerian Ports Authority, Abubakar Dantsoho, says Nigeria accounts for over...

Nigeria unveils first African blue economy television

Blue Economy Television, a platform established to promote Nigeria’s maritime and blue economy sector, has...