Business
Business news…
Aston Martin Sells Stake in F1 Team Amid Financial Struggles
Aston Martin to Sell F1 Stake and Boost Investor Holdings Amid Financial Struggles
Aston Martin Lagonda, the luxury car manufacturer, announced on Monday that it intends to divest its minority share in the Aston Martin Aramco Formula One team… Continue Reading
Wema Bank Reports Record N433b Gross Earnings, Profit Surges to N102b in 2024
Beyond its core lending activities, Wema Bank’s non-interest income rose significantly, driven by digital banking innovations and diversified financial services. Net fees and commission income reached N55.576 billion.
Lagos, Nigeria – Wema Bank Plc has posted its strongest financial results … Continue Reading
Kendall Jenner’s 818 Tequila Launches in Nigeria
Kendall Jenner’s eagerly awaited hand-crafted tequila, 818 Tequila, is now available in Nigeria through a variety of liquor retailers, including Drinks.ng, Lickquor.ng, PicknPay, Hartleys, and Liquoretc. Additionally, select premium lounges and restaurants in Lagos, such as Boca and Kaly, … Continue Reading
BOI Supports 921 Women Entrepreneurs With N108 Billion In Business Loans
Bank of Industry Disburses N108 Billion to Support Women Entrepreneurs in Nigeria
In a move aimed at narrowing the gender gap and boosting economic prospects for women entrepreneurs in Nigeria, the Bank of Industry (BOI) has announced the disbursement of … Continue Reading
Dangote Refinery To Refund Customers Overpriced Petrol, Absorbs N16bn Loss
Dangote Refinery Cuts Petrol Prices, Offers Refunds to Customers Charged Above New Rates, Absorbs N16bn Loss
Dangote Petroleum Refinery has announced a refund plan for customers who purchased Premium Motor Spirit (PMS), also known as petrol, at rates higher than … Continue Reading
JUST IN: NLC Vows Nationwide Strike Over Planned Electricity Tariff Hike
Labour Union Rejects “Fraudulent” Electricity Tariff Reclassification, Accuses Government of Exploitation, and Threatens Nationwide Strike
The Nigeria Labour Congress (NLC) has issued a strong warning against the Nigerian Electricity Regulatory Commission (NERC) over its ongoing reclassification of electricity consumers, describing … Continue Reading
Trump Tariffs on Mexico, Canada Starting March 4th; Adds 10% Duty on Chinese Imports Over Fentanyl Crisis
Trump Escalates Trade War: New Tariffs on Mexico, Canada, and China Spark Economic and Diplomatic Tensions Over Fentanyl Crisis
WASHINGTON— U.S President Donald Trump announced on Thursday that his proposed 25% tariffs on Mexican and Canadian goods will take effect … Continue Reading
Honeywell and ExecuJet partner to provide aircraft maintenance solutions
Honeywell Aerospace and ExecuJet Nigeria Forge Partnership to Enhance Aviation Services
In a significant development for Nigeria’s aviation sector, Honeywell Aerospace, a leading global manufacturer of aircraft engines, avionics, and aviation products, has entered into a partnership with ExecuJet … Continue Reading
FCCPC to Question MultiChoice on Rising DStv and GOtv Subscription Costs
FCCPC Summons MultiChoice Nigeria Over Upcoming Subscription Price Hike
The Federal Competition and Consumer Protection Commission (FCCPC) has officially summoned MultiChoice Nigeria to answer questions regarding its planned subscription price increase, set to take effect on March 1, … Continue Reading
Fake Drugs Crackdown: Soludo Backs NAFDAC’s Total Closure Of Onitsha Market, Counters Obi
Soludo Defends NAFDAC’s Total Market Shutdown, Reveals Fake Drugs Were Discovered Beyond Ogbo Ogwu Section
Anambra State Governor, Charles Soludo, has defended the total closure of the Head Bridge Market in Onitsha, countering the stance of former governor Peter … Continue Reading