Marketers secure foreign investor support for 30,000 petrol stations
The development of roughly 30,000 petrol outlets across the country has been approved by domestic and foreign investors, oil marketers said on…
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Nigerian crude production drops 9.65% to 40.12mbd
The total crude oil production was reported to be down 9.65% m/m to 40.12m from 44.40m in June 2023 and down 1.52% y/y to…
NYSC, Kudimata, NNPCL Foundation partner on financial literacy
The Nigerian National Petroleum Company Limited Foundation has collaborated with the National Youth Service Corps and Kudimata, an educational financial community, to…
All you need to know about bankruptcy protection
Bankruptcy protection is a legal avenue that offers individuals and businesses facing overwhelming financial challenges a chance to regain control of their…
Microsoft partners Aptos Labs to combine AI, blockchain in Web3
Tech giant, Microsoft and innovative blockchain developer, Aptos Labs have announced a partnership to redefine the convergence of Artificial Intelligence and blockchain…
Brent crude rises as Saudi Arabia extends crude production cuts till September
Brent crude price was $84.71 a barrel at 4:39 PM (GMT+1) on Thursday, August 3; this follows a little decline earlier in…
Addidas cuts expected loss as Yeezy demands soar
Sportswear giant, Adidas, has projected a minor dip in 2023 sales, outperforming earlier forecasts. The brand attributed this positive shift to the…
World Fintech Day: All you need to know about the fintech industry
In a world rapidly embracing digitalization, the financial technology (fintech) industry stands at the forefront of revolutionizing how we manage money, conduct…
Elon Musk takes down glowing X logo at Twitter HQ
The ‘X’ logo that once adorned Elon Musk’s Twitter, headquarters in downtown San Francisco has been taken down, leaving behind a trail…
Musk launches new company, xAI
CEO of Twitter, Elon Musk, on Wednesday announced the founding of a new company called xAI with the goal of “understand the…
FERMA to repair 36000km federal roads
The Federal Road Maintenance Agency has said that measures are in the works to patch potholes and intervene in the rehabilitation of failed roads…
Shell appoints Ralph Gbobo MD gas division
The gas distribution company, Shell Nigeria Gas Limited which is a division of the Shell Energy company has announced the appointment of Mr Ralph…