Category: Business

PTAD completes final payment of N32,000 pension increment arrears

The Pension Transitional Arrangement Directorate has announced that it has disbursed the final one-month arrears...

Minister pledges collaborative approach to tackle housing deficit

The newly appointed Minister of Housing and Urban Development, Muttaqha Darma, has pledged to embrace...

Petrol, diesel subsidised for Nigerian consumers – Dangote Refinery

A senior management official at the Dangote Group on Monday said the Dangote Petroleum Refinery...

China blocks Meta’s $2bn acquisition of AI startup Manus

China’s chief economic planning body, the National Development and Reform Commission, announced on Monday that...

South Africa withdraws draft AI policy over fake references

South Africa’s Minister of Communications and Digital Technologies, Solly Malatsi, has withdrawn the Draft National...

Obasanjo insists Port Harcourt, Warri, Kaduna refineries won’t work

As the Nigerian National Petroleum Company Limited presses ahead with efforts to secure technical partners...

Lagos court bars Shoprite directors from selling assets over debt

A Federal High Court sitting in Ikoyi, Lagos, has barred Shoprite’s directors from selling any...

Toyota sales drop as Middle East tension disrupts supply chains

Toyota reported a drop in sales in March, driven by weaker demand for its top-selling...

DMO plans N700bn federal bond auction for April 27

The Debt Management Office on behalf of the Federal Government of Nigeria, is set to...

High levies threaten survival of Nigerian airlines, says CPPE

Nigeria’s aviation industry is under increasing strain as taxes, fees, and regulatory charges now account...

Lagos signs power purchase deals to boost supply by 400MW

The Lagos State Government has executed Power Purchase Agreements and concession deals with three independent...

Italy okays extradition of Chinese hacker wanted by US

Italy has approved the extradition of a Chinese national sought by United States authorities over...