Business

Online Investment Scam On The Rise, Research Shows
BusinessNews

Online Investment Scam On The Rise, Research Shows

A recent study by the Better Business Bureau (BBB), a U.S. nonprofit promoting good business practices, has revealed that the number of scams...

BusinessNews

Workers Strike at Kenya’s Main Airport Over Adani Group’s 30-Year Lease Deal

A strike by aviation workers at Nairobi’s Jomo Kenyatta International Airport (JKIA) has led to flight delays and cancellations. The strike, which began...

BusinessWorld

Liberia Signs Agreement with Chinese Firm for Real Estate Development

The Government of Liberia has signed a Memorandum of Understanding (MOU) with a major Chinese real estate developer to construct hotels, housing estates,...

BusinessNews

Boeing Offers 25% Pay Raise to Over 30,000 Employees to Avert Looming Strike

Boeing and the International Association of Machinists and Aerospace Workers have reached a tentative agreement to avoid a strike that would have affected...

BusinessNews

Abuja Entrepreneur Laments As Alleged “N150 Million Poultry Farm Investment” Destroyed By FCDA

An entrepreneur, Akomolafe Bankole, said his N150 million poultry farm investment in Lokogoma, Abuja, was destroyed by the Federal Capital Development Authority (FCDA)...

BusinessNews

Just In: NNPC Raises Fuel Prices to N897 per Litre

The Nigerian National Petroleum Company (NNPC) Limited has increased the pump price of Premium Motor Spirit (PMS) to N897 per litre across the...

Barely weeks after declaring a net profit of N3.3 trillion in the 2023 financial year, with a purported increase of over N700 billion (28%) when compared to the 2022 profit of N2.548 trillion, NNPC has announced it is under intense financial pressure.
BusinessNews

“We did not Instruct NNPC to Raise Fuel Prices”- FG Says

The Federal Government has refuted reports claiming that it instructed the Nigerian National Petroleum Company Limited (NNPCL) to sell fuel at ₦1,000 per...

Liberia Shuts Down China Union's Bong
BusinessNews

Liberia Shuts Down China Union’s Bong Mines Over Environmental Violations

Liberia’s Environmental Protection Agency (EPA) has closed down the operations of China Union’s Bong Mines due to multiple environmental violations. The shutdown was...

BusinessNews

France Charges Telegram CEO with Multiple Offenses, Demands €5 Million Bail

French authorities have charged Telegram CEO Pavel Durov with multiple offences related to alleged illegal activities on his messaging platform. Durov, arrested on...

BusinessNews

Telegram Founder Arrested at Airport in France

Pavel Durov, the founder of Telegram, was arrested at Le Bourget Airport near Paris. Officers from France’s anti-fraud unit, linked to French customs,...

BusinessNews

Stranded NASA Astronauts to Return to Earth With SpaceX Flight Next Year

NASA has decided that two astronauts stranded on the International Space Station (ISS) will return to Earth in February 2025 aboard a SpaceX...

BusinessNews

Wale Tinubu’s Oando Acquires Nigerian Agip Oil Company for $783 Million

Oando PLC has finalised the acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for $783 million. Wale Tinubu,...