Business
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Coca-Cola Challenges FCCPC N186M Fine in Court
Coca-Cola Nigeria Limited has mounted a legal challenge against a N186,666,666.67 fine imposed by the Federal Competition and Consumer Protection…
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NCAA to Sanction Airlines Over Delayed Ticket Refunds
The Nigerian Civil Aviation Authority (NCAA) has announced it will enforce strict penalties against airlines failing to process ticket refunds…
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Nigeria, Saudi Arabia Open Talks on Iron Ore and Steel Partnership
Nigeria and Saudi Arabia have established partnership to extract and process iron ore, heralding a step towards Nigeria’s industrial development.…
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Nigeria Sees Sharp Decline in Company Income Tax
The National Bureau of Statistics (NBS) reports that Nigeria’s federal government collected N1.77 trillion in company income tax (CIT) during…
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Elon Musk’s xAI Secures $6 Billion in Series B Funding
Elon Musk’s artificial intelligence company, xAI, has successfully completed a Series B funding round, raising $6 billion from prominent investors…
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FCCPC Investigation Costs Air Peace International Slot, Airline Claims
Air Peace Airline has alleged that it has lost an international slot due to the ongoing investigation by the Federal…
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Naira Continues Rapid Gain Against the Dollar as Rate Drops to N1,535
The Nigerian naira has experienced a remarkable appreciation, closing at N1,535 to the dollar on Friday, December 6, 2024, in…
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Port Harcourt Refinery Sells First Fuel Oil Cargo to Dubai Trader
The Port Harcourt refinery has made its first significant export, selling a Low Sulphur Straight Run Fuel oil (LSSR) cargo…
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Nigeria Logs N5.81trn Trade Surplus in Q3 2024
The National Bureau of Statistics (NBS) has reported a trade surplus for Nigeria in the third quarter of 2024, with…
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BoI, AGF Sign $50m Deal to Empower Women Entrepreneurs and MSMEs
The Bank of Industry (BoI) has signed a $50 million portfolio guarantee agreement with the African Guarantee Fund (AGF), aimed…
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