Browsing Category
Business
India’s X alternative Koo to shut down services
Millions of social media users in India find themselves stranded as homegrown microblogging platform Koo, positioned as an…
Jeff Bezos to sell another $5bn of Amazon shares
The founder of Amazon, Jeff Bezos, has announced his intention to sell an additional 25 million shares in the technology giant,…
Oando makes complete acquisition of Agip, signing ceremony taking place…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Oando Plc has completed the acquisition of 100 percent shares…
McDonald’s cut breakfast services amid bird flu outbreak in Australia
Australian fans of a late morning McDonald's breakfast will now have to wake up earlier.
The fast-food giant has temporarily…
NOVA Bank transits from merchant to national commercial bank
NOVA Bank Limited, formerly known as NOVA Merchant Bank, says it has officially commenced operations as a national commercial…
AI drives 48% increase in Google emissions
Google's greenhouse gas emissions in 2023 were 48% higher than in 2019, according to its latest environmental report.
The…
Naira rises to N1,510/$ in parallel market
The Naira yesterday appreciated in the parallel market, rising to N1,510 per dollar from N1,515 per dollar last Friday.…
May sees 78% YoY increase in intercity bus fare – NBS
The average fare paid by commuters each drop for intercity bus travel inside Nigeria in May 2024 was N7,129.46, up 78.14% from…
CBN issues fresh guidelines for Foreign Currency Deposit
The Central Bank of Nigeria (CBN) has released updated rules to Deposit Money Banks (DMBs) regarding the deposit of foreign…
Supreme Court affirms conviction of Ex-Bank PHB MD Atuche
The Supreme Court maintained the conviction of Mr Francis Atuche, former Managing Director of the dissolved Bank PHB Plc, on…