Category: Business

Shell wins 2011 oil spillage case

The UK Supreme Court has decided that it is too late for Nigerian citizens to...

KPMG faults FG’s tax rate increase

The financial advisory giant, KPMG has faulted the Federal government’s increase in excise duty, stating...

Metaverse to contribute $760bn to US GDP by 2035 – Report

A study commissioned by the owner of Facebook, Meta Platforms, has revealed that Metaverse could...

Amazon to open more warehouses in Europe

Amazon is planning to increase its presence in Europe by opening new warehouses and hiring...

UAE cancels Airbus H225M helicopters deal

The United Arab Emirates has reportedly cancelled a 2021 deal with Airbus to acquire twelve...

Nigeria on track to full electrification – Osinbajo

Vice President, Prof. Yemi Osinbajo has stated that Nigeria is on track to achieving national...

Airtel Africa renews spectrum licence with N59b

A telecommunications company, Airtel Africa, has stated that its Nigerian subsidiary, Airtel Networks Limited, Airtel...

Naira drops as forex market records 29% decline

The value of the naira dropped against US Dollar due to a decline in the...

Nigeria, Turkey partner to promote automotive industry

The Nigerian government has collaborated with an automotive manufacturing entity located in Turkey to advance...

How Tony Elumelu took my UBA, Transcorp shares – Otedola

Billionaire businessman, Femi Otedola, on Tuesday morning, went down memory lane on his relationship with...

Osinbajo hands Transcorp certificate of discharge

Vice President Yemi Osinbajo on Monday presented a discharge certificate to the chairman of Transcorp...

Fuel subsidy: Civil society question $800m palliative loan

The Civil Society Legislative Advocacy Centre has questioned the over $800 million loan obtained by...