Business
Major Fake Wine Factory Uncovered in Anambra, Seven Arrested
A major illegal wine production facility has been uncovered in Anambra State. It was raided by the Presidential Task Force Against Economic Sabotage...
Côte d’Ivoire To Sell Additional Stake In Cocoa Processor To Malaysian Firm To Boost Processing Capacity
Côte d’Ivoire is considering selling an additional stake in its cocoa processor, Transcao, to Malaysian cocoa company Guan Chong Berhad (GCB), according to...
Nigeria’s Petrol Import Drops by 3.58 Billion Litres Post-Subsidy Removal
Nigeria’s petrol importation saw a significant drop in 2023, following President Bola Tinubu’s removal of the fuel subsidy in May. Data from the...
ExxonMobil’s $1.28 Billion Asset Sale to Seplat Will Soon Be Approved – Tinubu Says
President Bola Tinubu has announced that ExxonMobil’s sale of its oil and gas assets to Seplat Energy Plc will receive ministerial approval in...
Starlink Hikes Monthly Subscription in Nigeria From N38,000 to N75,000, Due To Inflation
Starlink, Elon Musk’s satellite internet service, has raised its monthly subscription fees in Nigeria by 97 per cent, from N38,000 to N75,000. The...
Kebbi Govt Set To Remove Multiple Taxation To Ease Small Businesses
Kebbi State Government is set to introduce a ‘single demand notice’ to remove multiple taxation and enable micro-, small and medium-scale entrepreneurs to...
Kenyan Court Rules That Facebook Is Subject To Local Labour Laws
Facebook’s parent company, Meta, lost its appeal in a Kenyan labour court on Friday, allowing a lawsuit filed by former content moderators to...
PCN Shuts Down 581 Pharmacies, Medicine Shops in Adamawa for Violating Operational Laws
The Pharmacy Council of Nigeria (PCN) has sealed 581 pharmacies and patent medicine shops across Adamawa State for violating operational laws. This was...
Burkina Faso, Iran Strengthen Trade Relations
Business people from Burkina Faso and Iran agreed on Tuesday to strengthen economic ties and explore new trade opportunities during a video conference....
EFCC Arrests Five Chinese Men Over Illegal Mining in Akwa Ibom
The Economic and Financial Crimes Commission (EFCC) has arrested five Chinese nationals for alleged illegal mining activities in Akwa Ibom State. The suspects,...
Dangote Refinery Begins First PMS Load Amid IPMAN’s Call for Direct Sales to Marketers
The Dangote Refinery in Lagos has commenced the loading of its first batch of Premium Motor Spirit (PMS). This move comes as the...
Detained Binance Executive’s Wife Appeals to Tinubu to Release Husband After 200 Days
The family of Tigran Gambaryan, a Binance executive detained in Nigeria, has raised concerns about his prolonged detention, which has now lasted 200...