Business

Wise CEO Käärmann Fined £350,000 by FCA for Misconduct

The CEO of Wise, Kristo Käärmann, has been fined £350,000 by the FCA for failing to disclose significant tax issues.

2 weeks ago

Dangote Invests Over $280 Million in CNG to Support Tinubu’s Clean Energy Drive

Dangote has invested over $280m in CNG infrastructure, aiming to transition its fleet to cleaner, affordable energy sources by 2026

2 weeks ago

Zenith Bank Clinches ‘Bank of the Year’ and ‘Retail Bank of the Year’ at BAFI Awards 2024

Zenith Bank has retained “Bank of the Year” title, affirming its resilient leadership and dedication to Nigeria’s evolving financial landscape.

2 weeks ago

Pomp and Pageantry As Air Peace Marks  Decade of Excellence, Resilience

Air Peace celebrated its 10th anniversary with a grand event in Lagos, highlighting a decade of resilience and growth.

3 weeks ago

Tony Elumelu to Co-Chair New African Summit at 2024 Future Investment Initiative in Riyadh

Tony Elumelu is set to co-chair New African Summit at the Future Investment Initiative, focusing on sustainable investment for Africa’s…

3 weeks ago

CBN’s Foreign Exchange Reforms Boost Foreign Investment to N696.88 Billion in 2024

The CBN has reported foreign investors' transactions reached N696.88 billion in 2024, the highest since 2018.

3 weeks ago

CBN Aims for $1 Billion Monthly Remittances After Addressing Diaspora Concerns

CBN’s Cardoso has expressed confidence in achieving $1bn in monthly remittances by addressing diaspora concerns and strengthening financial reforms.

3 weeks ago

Alibaba To Settle US Class-Action Lawsuit With $433.5m Payment

Alibaba has agreed to a $433.5 million settlement in a US class-action lawsuit which alleged it engaged in monopolistic practices.

3 weeks ago

Apple Wins Partial Victory In Patent Dispute With Masimo Over Smartwatch Designs

A Delaware jury has determined Masimo's early smartwatches violated Apple’s design patents, adding momentum to their ongoing IP battle.

3 weeks ago

Dangote Refinery Reaches New Milestone with First Seaborne Petrol Delivery to Lagos

Dangote Refinery has made its first sea shipment with 500,000 barrels of petroleum products to Lagos

3 weeks ago