N69.4bn debt: AMCON kicks over Jimoh Ibrahim moves to recover property

Businessman, Jimoh Ibrahim, has approached the Federal High Court in Lagos with a Motion on Notice seeking the reversal of an interim court order which authorised the Asset Management Corporation…

Italy fines Apple 10m euros for water Damage.

Italy’s competition authority said Monday it had fined Apple 10 million euros ($12 million) for misleading claims about the water resistant properties of various iPhone models. It said the US…

Airlines hike airfares by 100% as operating costs rise

The cost of air tickets along several routes have doubled due to the high demand for air travel in light of the rising insecurity in the country and cost of…

Senator insists on proper border management as FG plans reopening

The Senator representing Ogun West Senatorial District, Tolu Odebiyi, has reiterated the need to reform the nation’s border for effective management, as the Federal Government plans to open up the…

COVID-19 vaccine will improve crude oil demand — Waltersmith boss

The Chairman, Waltersmith Group, Mr Abdulrazaq Isa, speaks with ’FEMI ASU on domestic refining in Nigeria, the impact of oil production cuts on operators and the Federal Government’s marginal field…

Oil falls to $47 as fate of OPEC+ deal uncertain

The international oil benchmark, Brent crude, pared some of its recent gains on Thursday as what seemed to be shaping up as a smooth OPEC+ meeting has hit some turbulence…

NIGERIAN PUBLISHERS ASSOCIATION SHUNS PIRACY AS NATIONAL CONFERENCE HOLDS IN ENUGU

THE Nigerian Publishers Association, South East Zone has disclosed that the National Annual General Meeting will be held in Enugu on the third and fourth of December, 2020. They announced…

15-month border closure: Manufacturers fault Federal Govt, committee report ready for Buhari

‌• Prolonged border closure discourages long-term investments – MAN Export Group• Preferential opening of borders shows government’s decision political, says don• President to get presidential committee’s report on land border…

FG Set To Ban Importation Of Trucks Above 10 Years Span

In a bid to curb the frequent petroleum tanker crashes on roads, the Federal Government has expressed its intention to ban the importation of articulated trucks older than 10 years.…

UBA grows gross earnings to N454.4b, delivers N90.4b PBT

The United Bank for Africa Plc has reported a 5.98 per cent growth in gross earnings for the nine months ended September 2020. Its unaudited financial statements obtained from the…