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Business & Economy

At N5.32 trillion, MTNN Plc emerges most capitalized stock on the Nigeria Exchange

South African telecom giant, MTN Nig Plc, has emerged as the most capitalized stock on the Nigerian Exchange Group (NGX), surpassing its close rival,...

NCC alerts car owners on tricks hackers use to unlock and steal vehicles

NCC announced that a nearby hacker can unlock some Honda and Acura car models and start their engines wirelessly. In a statement on Saturday, Ikechukwu...

Russia-Ukraine war: Food crisis may trigger social and political unrest in Africa, says Akinwumi Adesina

President of the African Development Bank (AfDB), Akinwumi Adesina says prices of food have skyrocketed across African countries because of the Russia-Ukraine war. The sharp...

10 feared dead as explosion rocks illegal refinery in Abia

Barely two weeks after the death of over 100 operators of illegal refineries on Ohaji Egbema in Imo State, reports indicate that about 10...

Nigerians set to enjoy 5G technology as MTN, Mafab roll out services from August 24

Mafab and MTN Nigeria are the two successful winners of the 3.5gigahertz (GHz) spectrum auction for the deployment of 5G technology in Nigeria. Ikechukwu Adinde,...

Russia- Ukraine war: EU embargoes Russia oil, turns to Nigeria, others for supply

Reports indicate that the European Union is on the verge of slamming Russia with an oil embargo as a punishment for its invasion of...

Google’s second subsea cable in Africa arrives Lagos

The subsea cable was named after Nigerian-born writer and abolitionist, Olaudah Equiano  Global technology giant, Google, has announced the arrival of its subsea cable, Equiano,...

Flutterwave achieves $3b valuation, African fintech highest

Flutterwave has tripled its valuation to $3 billion after a new $250 million injection in a Series D deal, making the Nigerian startup the...

Lekki seaport to commence operations in September Amaechi

The Minister of Transportation, Chibuike Rotimi Amaechi has disclosed on Sunday that the Lekki deep seaport in Lagos will commence commercial operations in September...

Russia – Ukraine war will negatively impact Africa economy – IMF

The ongoing war between Russia and Ukraine and the attendant economic sanctions slammed on Russia by western economic powers will have a devastating effect...

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