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Business & Economy

University workers suspend nationwide strike

The three-week old strike embarked upon by the Joint Action Committee (JAC) of non-teaching staff of Nigerian universities has been suspended, effective today, February...

Twitter launches Clubhouse rival, Spaces

Social media giant, Twitter has announced the launch of a voice content app for use mainly on iOS. Several users have been invited to...

NAHCO’s suspended GMD recalled

The suspended Group Managing Director of the Nigerian Aviation Handling Company Plc (NAHCO Aviance), Mrs Adetokunbo Fagbemi has been recalled by the Board of...

Chams appoint new directors following the demise of Prof. Ibidapo-Obe

The board of directors of Chams Plc has announced the appointment of Mr. Segun Oloketuyi and Olamojiba Bakare as a non-executive directors. The new appointments...

Lagos to acquire 24% in TBS, Lagos International Trade Fair

Lagos State Government plans to acquire 24% stake in the Tafawa Balewa Square (TBS) and Lagos International Trade Fair Complex. This was disclosed by Governor...

Nigeria exits recession, records 0.11% growth in Q4

The latest figures from the office of the Statistician-General of the Federation indicate that Nigeria’s Gross Domestic Product recorded a marginal growth of 0.11...

UK firm to build $150m waste to energy facility in Lagos

The UK Government over the weekend said it has given approval to a British firm to invest about $125 million to $150 million to...

Going mainstream: Mastercard to allow payments in cryptocurrencies

Few days after Nigerian government shut down bank accounts tied to cryptocurrencies and went ahead to confiscate such funds, international credit card giant, Mastercard...

FG to build Nigeria’s ‘Silicon Valley’ in Abuja

The Federal Executive Council (FEC) has approved the construction of Nigeria's first National Information and Communications Technology Park. The park, fashioned after America's Silicon Valley,...

Oil production to start soon in the Northeast – Sylva

The Minister of State for Petroleum Resources,  Timipre Sylva, has revealed plans by the Federal Government to begin oil exploration in the northeast. Speaking during...

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