Emirates has  announced the suspension of its operations into Nigeria. The move was made following the retaliatory action taken by the federal government of Nigeria to reduce an earlier 21

Nigeria’s billionaire magnate and chair of Geregu Power Plc Femi Otedola has acquired a further interest in FBN Holdings Plc, the parent company of Nigeria’s oldest lender First Bank, an

In a move signalling reciprocity of action, Nigeria’s government, on Thursday reduced Emirates flights to the country, both Lagos and Abuja, from daily to once weekly which would be only

Royal Dutch Shell PLC shareholders were expected to vote on Friday to approve a plan to get rid of the company’s dual share structure and move its headquarters to London

Minister of State for Petroleum Resources, Chief Timipre Sylva, has restated that the Petroleum Industry Act (PIA) will enhance energy growth and sustainability in Nigeria. Speaking as a participant at

Italy’s antitrust said on Thursday it had fined e-commerce giant Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance. In a statement the watchdog said Amazon had

Justice Inyang Ekwo of the Federal High Court, Abuja, on Tuesday adjourned till December 13, for hearing in a motion seeking to temporarily halt the federal government from deducting funds

Global leading rating agency, Standard & Poor’s has affirmed Nigeria’s sovereign credit rating at B+ and revised its outlook from negative to stable. This comes about a week after another

A major outage in Amazon’s cloud computing network Tuesday severely disrupted services at a wide range of U.S. companies for more than five hours, the latest sign of just how

Equinix Inc. is acquiring West African digital infrastructure firm MainOne Cable Co Ltd. at a valuation of $320 million, giving the US data-center investor more exposure to booming connectivity in

Samsung Electronics Co Ltd will merge its mobile and consumer electronics divisions, the firm said on Tuesday, naming new co-chief executives in the biggest reshuffle since 2017 to simplify its

The ongoing bickering between the Senate and Saipem Nigeria Limited over alleged violation of the Nigerian Local Content Act in the award of contracts for the delivery of the Nigeria

Notwithstanding the raging Omicron COVID-19 variant in Southern Africa and some other parts of the world, Nigeria’s federal government on Friday unveiled a revised COVID-19 protocol, without restricting inbound travellers

Despite concerns over the new Covid-19 variant, Omicron, and recent emergency oil reserves releases by a United States-led coalition, the Organisation of Petroleum Exporting Countries (OPEC) and its allies known

The United Bank for Africa (UBA) Plc has disclosed that it has been globally recognised as the African Bank of the year 2021 by the Banker Magazine, a leading global

France has invested €200,000 towards enhancing the rural women’s skills in producing higher value-added agricultural products and in leading their agri-food enterprise in Nigeria. A statement by French Embassy in