Business

Toyota Chairman Akio Toyoda Re-Elected Despite Governance Concerns

Toyota Chairman Akio Toyoda has been re-elected despite proxy advisers' opposition, with 85% approval rating, down from 96% in 2022.

4 months ago

Elon Musk Plans Stock Option Grants To Tesla’s High-Performers, Sources Say

Tesla CEO Elon Musk told employees that the electric vehicle maker would work on stock-based compensation for high-performing employees.

4 months ago

South Africa’s Sanlam To Buy 60% Of MultiChoice’s Insurance Business

South African insurer Sanlam will buy a 60% stake in MultiChoice's insurance business for an upfront cash $66 million.

4 months ago

Former MTN CEO Adrian Wood Returns to Lead Ntel with Fresh Investors 

EXCERPT: Former MTN Boss Adrian Wood has taken the helm at ntel, with plans to raise $550 million for company…

4 months ago

Report Warns of Future Risks in Nigeria’s Liquified Natural Gas Expansion Strategy

A report says a key risk of Nigeria's LNG expansion drive is exports struggling to compete globally after 2030.

4 months ago

Aviation Minister Keyamo Emphasises Public-Private Partnerships for Airport Modernisation, Sustainability

"We're trying to change the attitude of the civil servants who are supposed to run these (Nigerian) airports," says Keyamo.

4 months ago

’44 Solid Minerals’: KPMG Highlights Nigeria’s Mineral Wealth, Calls for International Mining Partnerships To Attract FDI

KPMG says joining global mining bodies will validate Nigeria’s mineral deposits and boost investor confidence.

4 months ago

Nigerian Airlines Will Operate Direct Flights to US, South America Soon, Aviation Minister Keyamo Announces

Keyamo disclosed that the FG is taking steps to allow Nigerian airlines direct access to US and South American routes.

4 months ago

As Nigeria’s Inflation Hits 33.95%, Analysts Call For Boost In FX Liquidity, Fiscal Discipline

Nigeria's May Inflation figures hit 33.95%, with food inflation reaching 40.66%

4 months ago

SEC: $Davido Coin Not Legal Tender, Investment In It Highly Risky

Nigeria's Securities and Exchange Commission on Friday warned against investment in meme coins, including Davido's meme coin.

4 months ago