Business

Nigerian Maritime Operations Hit By Silt Buildup in Escravos Channel, Vessels Grounded For Days

Business activities along the Escravos waterway are suffering due to silt accumulation, hindering vessel movement and costing Nigeria significant revenue.

3 days ago

Oil Marketers Criticise NNPC for Selling Dangote Refinery Petrol Higher Than Imported Fuel

Oil marketers have questioned NNPC’s petrol pricing, arguing Dangote’s local fuel shouldn’t exceed imported prices.

3 days ago

Mercedes-Benz Sees Surge In Indian Buyers Opting For Electric Vehicles As First Luxury Car

Mercedes-Benz has seen a surge in Indian buyers opting for EVs as first luxury car, doubling EV sales in 2024.

4 days ago

India’s Antitrust Regulator Accuses Samsung, Xiaomi Of Collusion With Amazon, Flipkart

India's antitrust regulator has accused Samsung and Xiaomi of colluding with Amazon and Flipkart for exclusive launches.

4 days ago

TikTok’s Fate Hangs In Balance As Lawyers Face Off Against Justice Department In Washington Courtroom

TikTok's fate hangs in the balance as lawyers face off against US Justice Department over law that could ban app.

4 days ago

Nigeria’s Inflation Rate Eases To 32.15% in August 2024

Nigeria’s headline inflation rate fell to 32.15% in August, marking a second consecutive monthly decline after reaching 33.40% in July.

4 days ago

Olabode Sowunmi: Dangote Refinery Should Be Transparent About Petrol Price

Olabode Sowunmi and Akinbode Oluwafemi have called for clear disclosure on petrol prices at Dangote Refinery to end misleading reports.

4 days ago

Allen Onyema: Tinubu, Keyamo Revolutionising Nigeria’s Aviation, CTC Will Aid Interconnectivity, Lower Airfares

Praising Tinubu and Keyamo, Onyema said, "we're going to interconnect this country (Nigeria), we're going to open up this country."

5 days ago

Nigerian Banks Lose N42.6bn to Fraud in Q2 2024, Reports FITC

FITC has reported an 8,993% rise in fraud losses in Nigeria banks, totaling N42.6bn in Q2 2024 compared to Q1.

5 days ago

Naira Strengthens by N103 to N1,546.41 on Official Market, Stable on Parallel Market at N1,650

The naira surged by N103.35 on the official market to N1,546.41/$1, while remaining stable at N1,650/$1 parallel.

6 days ago