Business News

Six months after it acquired MainOne, for $320 million, Equinix, a global digital infrastructure company, has rolled out its expansion plan for the Nigerian and West African markets. The plan,...

The International Air Transport Association (IATA) has announced that African carriers are expected to post a loss of $638 million in 2022, narrowing to a loss of $213 million in 2023...

The Director General, Securities and Exchange Commission (SEC), Mr. Lamido Yuguda yesterday in Abuja  said that the revised edition of the Capital Market Master plan (2021 – 2025) that was...

Given the newly inaugurated Petroleum Industry Act (PIA), local oil and gas traders/operators have been advised to leverage technology if they truly desire to join the global oil and gas...

Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings has launched a first-of-its-kind talent hunt and youth development initiative tagged, “FUZE Talent Hunt.” The leading Pension fund manager...

Purple Real Estate Income Plc (Purple Group) has announced its unaudited results for the nine months ended September 30 2022 with N1.5billion profit before tax (PBT), representing an increase of...

Medview Airline has condemned the early morning invasion and sealing of its properties located at Olowu, Ikeja and the Lekki area of Lagos State by a team of policemen under...

The House of Representatives has urged the federal government to reverse its earlier decision on the $14.4 billion east-west rail line project by continuing its implementation because of its economic...

The Debt Management Office has said it raised N130bn from its N100bn Ijarah Sukuk bonds, which were issued on November 21, 2022. In a statement on its website on Monday, the...

The Federal Government, on Monday, said it would continue to work hard to meet its Organisation of Petroleum Exporting Countries crude oil production quota of 1.8 million barrels per day...