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Naira weakens to 470 to the dollar despite central bank interventions

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The naira weakened to 470 against the United States dollar in the parallel market on Friday despite the interventions of the Central Bank of Nigeria...
Business

Official: Dangote fertiliser plant to begin operation December

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Makamba Online The Dangote Group said its two billion-dollar granulated urea fertiliser plant located at Ibeju Lekki, Lagos will begin operation before the end of...
Tech

Polygraph lie detector will help curb crime in Nigeria – expert

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Nigeria’s judicial panel, especially the ongoing process set up by the Federal and some states governments to look into the recent police brutality and Lekki...
Business

British Airways to turn retired B747 aircraft to cinema

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A retired British Airways Boeing 747 plane is set to be converted into a cinema and educational facility in Gloucestershire. According Sky News, the jumbo...
Business

CSCS sensitizes financial market stakeholders on cyber-security

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Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, is ramping up its cyber-security advocacy as it sensitizes financial market participants on rising rate...
Business

Presidency: Why President Buhari renewed appointments of PTDF, PEF, NCDMB chiefs

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President Muhammadu Buhari has renewed the appointments of Chief Executive Officers of agencies under the Ministry of Petroleum Resources. Femi Adesina, the special adviser to...
Tech

TikTok owner seeking $60 billion valuation in US deal

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China’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business...
Business

Kano Disco clarifies new tariff increment, assures customers of improved supply

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The Management of Kano Electricity Distribution Company (KEDCO) says the new tariff increment as approved by Nigerian Electricity Regulatory Commission (NERC) is not applicable to...
Business

Arik Air: Unions’ strike threat abuse of leadership position

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Ken Iwelumo/Global Aviation Images The management of Arik Air has castigated aviation for its planned picketing of the airline, describing it as abuse of leadership...