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FG hands over National Theatre to Banks for Renovation
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The Federal Government has handed over the National Theatre at Iganmu, Lagos State to the Central Bank of Nigeria and the Bankers’ Committee for...
Tesla ‘Very Close’ to Developing Fully Autonomy Vehicles – Musk
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Tesla Inc. is “very close” to developing fully autonomous vehicles and could work out the basics of that technology as soon as this year,...
54% of Nigerians Receive Remittances – NBS
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Large share of households – 54.0 percent report receiving remittances in Nigeria according to the latest living standards survey released by the National Bureau...
UBA Group Announces Appointment of Deputy Managing Directors for Nigeria, Africa
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United Bank for Africa Plc (UBA), the leading pan-African financial services group, is pleased to announce the appointments of Ayoku Liadi and Oliver Alawuba...
Berkshire Hathaway in $9.7bn Deal to Acquire Dominion Energy’s Gas Transmission, Storage Business
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Berkshire Hathaway Energy, a subsidiary of Warren Buffett’s Berkshire Hathaway Inc., yesterday announced it has executed a definitive agreement to acquire Dominion Energy’s natural...
Fidelity Bank Appoints Chike-Obi Chairman of Board, as Ebi Retires.
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Fidelity Bank Plc has announced that two of its Board members: Ernest Ebi (MFR) who has been serving as Chairman, Board of Directors and...
Cheapest Apartments at Ilubirin Foreshore to cost N89 million
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The cheapest Apartments in the ilubirin Foreshore development housing project which started out as a Lagos State project to provide Cheaper housing to the...
Hushpuppi Makes First U.S. Court Appearance, Defrauded N.Y Lawfirm of $922,857
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Ramon Olorunwa Abbas, 37, a.k.a. “Ray Hushpuppi” and “Hush,” a Nigerian national, arrived in Chicago Thursday evening after being expelled from the United Arab...
Lagos Schools to Reopen August 3 for SS3 Students
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Lagos Governor Babajide Sanwo-Olu has fixed August 3 for the reoepening of schools for students in SS3 and Tech 3.
Announcing this Friday, the governor...
Global Refining Margins, Capacity Utilization to Slide on Competition – Goldman Sachs
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More refining capacity is coming online in the Middle East, China and Africa at a time of tepid demand growth, which will usher in...