Category: Business

Tony Elumelu named Seplat chairman in major leadership shakeup

Seplat Energy Plc has announced major leadership changes, with billionaire investor and philanthropist Tony O....

OpenAI files for IPO as AI firms race to market

OpenAI, the company behind ChatGPT, has filed confidentially for an initial public offering, signaling a...

Nigeria’s transmission grid not limiting electricity supply – TCN

The Transmission Company of Nigeria has dismissed assertions that the national transmission network is the...

US judge blocks Trump’s $100,000 H-1B visa fee plan

A United States federal judge has blocked President Donald Trump’s attempt to impose a $100,000...

Manufacturers reject new beverage tax, warn of business strain

Major business groups and manufacturers in Nigeria have voiced strong opposition to the proposed Customs...

FG schedules Wednesday flight for stranded Nigerians in South Africa

Nigeria will begin evacuating its citizens from South Africa this week following anti-immigrant attacks and...

Global stocks slide as Middle East tensions drive oil higher

Global stock markets declined on Monday as investors grew increasingly concerned about the outlook for...

FG delays Nigerians’ evacuation from S’Africa over logistical challenges

The Federal Government has postponed the evacuation of the first group of Nigerians seeking to...

Reps recovers ₦521.77m VAT from CBN in Remita revenue probe

The House of Representatives Public Accounts Committee has recovered N521.77 million in unremitted Value Added...

Nigerian engineers demand stronger response to rising insecurity

The President of the Nigerian Society of Engineers, Ali Rabiu, has called on the Federal...

Oil prices rise as Middle East tensions escalate

Oil prices climbed on Monday as tensions escalated in the Middle East, with Iran and...

Prada targets space frontier with new astronaut inner-layer garment

Italian fashion house Prada on Sunday unveiled the inner-layer garment that NASA astronauts will wear...