Business Commodities National Top Story

From Nigeria to Brazil ‘halo’ crops reap pandemic profits

Image Credits: REUTERS/Afolabi Sotunde. In picture above: Freshly washed ginger plant bulbs are seen at a market in Kaduna, Nigeria. April 30, 2021. Picture taken April 30, 2021. REUTERS/Afolabi Sotunde In a flowing cream hijab, Karima M. Imam walks through her fields in scrubland in northern Nigeria as workers harvest a gnarled brown root that Read More…

Business Oil & Gas Top Story

Three oil firms, Nigeria’s NNPC in talks to buy stake in Dangote refinery

Image Credits: REUTERS/Temilade Adelaja, WEI LENG TAY/BLOOMBERG. In picture above: A worker walks past storage tanks at Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria August 7, 2019. Picture taken August 7, 2019. REUTERS/Temilade Adelaja Four oil firms including Nigeria’s state-oil company have approached Dangote Industries to acquire a stake Read More…

Abroad Banking Business

Credit Suisse scandals prompt Switzerland to think unthinkable: punish bankers

Image Credits: Goldblum, REUTERS/Arnd Wiegmann. Exasperation with Credit Suisse following a string of scandals is prompting Switzerland to rethink a system in which top bankers have been largely untouchable. Credit Suisse’s heavy losses from the collapse of family office Archegos and the decimation of billions of client investments backed by insolvent British financier Greensill have Read More…

Business Consumer

Commission engages supermarket operators on fake, substandard products

Image Credits: BBC. The Federal Competition and Consumer Protection Commission (FCCPC) has engaged supermarket operators in the six geo-political zones with a view to ensuring effective consumer protection. The Commission also decried the influx of fake and substandard consumables products at supermarkets especially in the wake of the COVID-19 pandemic. The Executive Vice Chairman of Read More…

Business Technology

Flutterwave partners Amole to boost remittances into Ethiopia

Flutterwave, Africa’s leading payments technology company, has partnered Amole, Ethiopia’s largest mobile digital wallet platform, to boost remittances. Flutterwave’s Founder and Chief Executive Officer, Olugbenga Agboola, said this in a statement in Lagos on Friday. Agboola said the partnership would facilitate money transfer into Ethiopia through Amole, to Amole Wallet, bank accounts and cash pickup Read More…

Business National Oil & Gas Top Story

Governors call for full deregulation of fuel prices

Image Credits: REUTERS/Afolabi Sotunde/File Photo, REUTERS/George Esiri, REUTERS. Nigeria’s governors have called for a full deregulation of the country’s downstream oil sector so that pump price floats with global oil prices, as the West African nation cannot sustain a subsidy regime to keep fuel price stable, they said. Kaduna state’s governor, Nasir el-Rufai, said at Read More…

Business Hospitality Metro Top Story

Marriott hotels debuts in Nigeria with opening of Lagos Marriott Hotel Ikeja

Lagos Marriott Hotel Ikeja brings sophisticated spaces, enriching experiences and thoughtful service to the vibrant Nigerian city of Lagos Marriott Hotels, the signature of Marriott Bonvoy’s portfolio of 30 extraordinary brands, today announced its debut in Nigeria with the opening of the highly anticipated Lagos Marriott Hotel Ikeja. The hotel reflects the newest global design Read More…

Abroad Business Corporate Governance Top Story

Microsoft says it investigated Gates’ involvement with employee

Image Credits: REUTERS/Charles Platiau/File Photo, REUTERS/Mikko Stig/Lehtikuva. Microsoft conducted a probe into co-founder Bill Gates’ involvement with an employee almost 20 years ago after it was told in 2019 that he had tried to start a romantic relationship with the person, the company said on Monday. Microsoft said it had received a concern in the Read More…