Business News
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Aviation Minister inaugurates National Executive Safety Committee to enhance aviation safety
The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, on Tuesday inaugurated the National Executive Safety Committee (NESC) to…
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Court Adjourns EFCC Case Against Binance, Executives Till May 17
By Adedapo Adesanya Justice Emeka Nwite of the Federal High Court sitting in Maitama, Abuja on Tuesday, April 23, 2024,…
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EFCC freezes 300 accounts over illicit forex trading, says naira would have crashed in one week
The Economic and Financial Crimes Commission (EFCC) says it has frozen over 300 accounts on suspicion of being linked to…
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Stanbic IBTC to seek shareholders’ approval for N400 billion debt issuance
The Board Stanbic IBTC Plc will seek shareholders’ approval to establish a Debt Issuance Programme of up to ₦400 billion…
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Moses Babatope to launch new media company after departure from Filmhouse Group
The co-founder of Filmhouse Group and former Managing Director of FilmOne, Moses Babatope, is set to launch a new media…
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U.S. DOJ recommends 3 years imprisonment for Binance founder, Changpeng Zhao
The United States Department of Justice (DOJ) has recommended that the founder and former chief executive of Binance, Changpeng “CZ”…
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Veritasi Homes PLC embraces Proptech; launches assetize to democratize real estate investment
Veritasi Homes PLC, a leading real estate development company in Nigeria, today announced the launch of Assetize, a new venture…
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Madica Invests $600k in Kola Market, GoBEBA, NewForm Foods
By Adedapo Adesanya Madica, a structured investment programme designed for pre-seed stage startups in Africa, has announced its first set…
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Kenya emerges third best African country with high-paying jobs for immigrants
Kenya emerged as the third most preferred African country for immigrants seeking high-paying jobs as indicated by a report that…
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Nigeria Targets $10bn Investment With New Oil, Gas Fiscal Incentives
By Adedapo Adesanya The federal government has launched a new set of fiscal incentives to rejuvenate Nigeria’s ailing oil and…
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Google shifts phase-out of cookies in Chrome browser to 2025
Google has shifted its plan to phase out third-party cookies in the Chrome browser to 2025, citing the need to…
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FG Recovers N57bn From MDAs’ N5.2trn Debts
By Adedapo Adesanya The federal government has announced the recovery of N57 billion from the N5.2 trillion liabilities owed to…
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Non-communicable diseases to dominate mortality in Africa by 2030 – WHO
The World Health Organization (WHO) has issued a warning, indicating that non-communicable diseases (NCDs) are poised to become the leading…
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PZ Cussons to review its Nigerian business to reduce risks
Soap maker, PZ Cussons has announced it will review its business operations in Nigeria geared towards reducing risk and maximising…
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US labour market experiences gap in construction workers, plumbers, welders- McKinsey report
The U.S. skilled labor market is experiencing a gap in the availability of construction workers, plumbers, welders, and skilled trades.…
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What next for Old Mutual?
Old Mutual bought out Oceanic Life from Ecobank in 2013, which marked their entry into Nigeria. They entered the Nigerian…
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Philippines SEC orders Apple and Google to remove Binance from its app stores
The Philippines Security and Exchange Commission (SEC) has ordered Apple and Google to remove Binance app from their respective App…
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FG to reduce maternal mortality, approves N25 billion for 8,800 facilities through NPHCDA, NHIA
The Federal Government has approved N25 billion funding for 8,800 health facilities nationwide in a bid to combat maternal mortality…
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Why African banks are doing better than fintechs – Uzoma Dozie
The Chief Executive Officer of Sparkle, a digital bank, Mr. Uzoma Dozie, has said that African traditional banks are doing…
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Nigeria Air: EFCC vows to arraign Sirika over alleged contract fraud
The Economic and Financial Crimes Commission (EFCC) says it will prosecute a former Minister of Aviation, Hadi Sirika, over alleged…
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