Category: Business

Census: FG establishes basket fund donations  

The Federal Government of Nigeria plans to establish a basket fund to receive donations for...

ExxonMobil to complete sale of shallow water assets soon

Energy leader, ExxonMobil, said it is hopeful to sell its shallow water oil production assets...

Earthquake: Turkey’s Central Bank gets $5bn from Saudi

Saudi Arabia announced on Monday that it was depositing $5 billion in the Turkish central...

Germany may lose €900bn to climate change by 2050

Climate change may cost Europe’s biggest economy, Germany, about 900 billion euros in cumulative economic...

Turkish board fines Elon Musk over Twitter purchase

The Turkish Competition Board has on Monday said Elon Musk will be fined over Twitter’s...

How naira scarcity could impact private businesses – Report

Bisola David Stanbic IBTC Bank’s February Purchasing Managers’ Index has revealed that the private sector may...

China raises defence budget by 7.2%

China will raise its budget on defence by 7.2% this year in a bid to...

FG to initiate fertilizer subsidy for farmers  

  The Federal Government of Nigeria is making plans to initiate subsidy on fertilizer to...

Intra-state bus fares increased by 37% in one year – Report   

The average fare for bus journeys within the city per drop in Nigeria increased by...

NSE implores FG to give local engineers contracts 

The Nigerian Society of Engineers has implored the Federal Government to give local engineers contract....

Power outage worsens in France over electricity workers’ strike  

The leading electric utility company, Électricité de France’s strike which started last Friday has led...

Zenith Bank to begin operation as HoldingCo

Zenith Bank PLC has received approval in principle from the Central Bank of Nigeria to...