Business

Edo Refinery Begins Production, to Expand Capacity to 21,000bpd in March

The facility with its feedstock can produce 50 per cent of diesel (500,000 litres), 25 percent of naphtha (300,000 litres)…

2 years ago

Microsoft Probes Outage as Teams and Outlook Go Down for Thousands of Users Globally

Most users were unable to exchange messages or join calls, forcing office workers to return to in-person meetings and other…

2 years ago

Nigeria Rolls Out Plan to Top Africa’s Sugar Production, Generate Power from Ethanol

“This is an ambitious and well-thought-out move that will drive and revamp the sector in order to restore Nigeria’s lost…

2 years ago

CBN Governor Emefiele Forecloses Extension of January 31 Deadline for Return of Old Naira Notes

This despite the fact that the National Assembly again requested a six-month extention.

2 years ago

US Sues Google Over Dominance of Online ad Market

The case was launched by the US Justice Department (DOJ) in conjunction with eleven states

2 years ago

Twitter Sued Over ‘Unpaid Rent’ on London Office

Twitter has a London office in a complex on Air Street called Air W1, whose landlord is the Crown Estate.

2 years ago

Nigeria Tells London Court to Overturn $11bn Arbitration Award to P&ID

The amount is around 30 per cent of Nigeria's foreign exchange reserves.

2 years ago

Nigeria: FIRS Raked in Unprecedented N10.1trn Tax Revenue in 2022

Oil and non-oil taxes contributed 41% and 59% respectively.

2 years ago

Air Peace Loses Over N500m after Strike By Nigerian Aviation Handling Company

The airline said NAHCO did not pre-inform them about the strike neither was a public notice issued.

2 years ago

Buhari Inaugurates $1.5bn Lekki Deep Sea Port in Lagos

Chinese envoy says the lekki port is a sign that Nigeria's investment climate can be trusted.

2 years ago