Browsing Category
Business
‘We’ll continue to expand our market share,’ UBA GMD says…
Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA), Oliver Alawuba has expressed delight at the…
‘Devilish Conspiracy,’ Air Peace Chair knocks Foreign Airlines…
Allen Onyema, the Chairman of Nigerian indigenous carrier Air Peace, has expressed concern that foreign carriers operating the…
Court permits AMCON’s sale of Abuja properties linked to BDC operator
Justice John Terhemba Tsoho, Chief Judge of the Federal High Court, has ordered the Asset Management Corporation of Nigeria…
Geregu Power reports a blistering 308% increase in pre-tax profits
Geregu Power, Nigeria's first publicly listed power business, reported N50.4 billion in revenue for the first quarter of 2024.
Electric car giant Tesla agrees to settle over fatal autopilot crash
The electric car giant, Tesla, has reached an agreement to resolve a lawsuit stemming from a 2018 crash that resulted in the death…
Transcorp Group grows revenue by 47.3%, Profit Before Tax by 93.5%
Transnational Corporation Plc has recorded a robust growth of 93.5 per cent in its profit before tax for the year ended December…
CBN stops use of foreign currencies as collateral for naira loan
The Central Bank of Nigeria has written to all Nigerian banks, requesting that they stop using foreign currencies as collateral…
ReelFruit Champions Sustainable Manufacturing with Support from FCMB
First City Monument Bank (FCMB) has reaffirmed its commitment to sustainable manufacturing that minimizes negative environmental…
Microsoft announces new AI office in UK
Microsoft is establishing a new office in London specifically focused on research and development in artificial intelligence (AI).…
Apple cuts jobs following dropping self-driving car plans
Apple has recently slashed over 600 jobs following reports of shelving its plans for a self-driving car.
The majority of these…