Business

Bitcoin rebounds after Trump’s news of new crypto to US reserve

Bitcoin surged more than 20% from last week’s lows on Monday, following U.S. President Donald Trump’s announcement that several cryptocurrencies would be included in a new United States strategic...

Dangote refinery secures 1m barrels of Algerian crude

Dangote Refinery has reportedly acquired its first cargo of Algeria’s light sweet Saharan Blend crude, according to Argus Media.Dangote Refinery reportedly purchased a 1...

Port of Dubai operator seeks approval to build industrial park at Nigerian ports 

Dubai-based DP World, operator of the Port of Dubai, has proposed establishing an industrial park at Nigerian ports to enhance export processing.The proposal was...

Airline operators defend fleet age, say maintenance is key

Operators, regulators, and other stakeholders have dismissed the claims that aviation industry is bloated by old aircraft against the practice in developed nations, arguing...

FG mandates two-week site work before paying mobilisation fees to road contractors

The Federal Government has introduced a new policy requiring road contractors to work on-site for at least two weeks before receiving mobilisation fees.The Minister...

Retirees to receive pension boosts from 2007 – PenCom

The Director-General of the National Pension Commission, Ms. Omolola Oloworaran, has announced that retirees will soon receive the benefits of pension increases dating back...

Borno governor approves two-year tax waiver for traders affected by flood and market fire 

Borno State Governor, Babagana Zulum, has approved a two-year tax waiver for traders affected by the September 2024 flood disaster and the Maiduguri Monday...

Dangote to refund marketers after fuel price cut

Dangote Petroleum Refinery & Petrochemicals has pledged to refund customers who purchase Premium Motor Spirit at prices higher than its advertised rates from its...

CBN urges banks to align with global standards in tackling illicit funds 

The Central Bank of Nigeria (CBN) has called on financial institutions to strengthen their compliance frameworks and align with global banking standards to combat...

President Trump turns Bitcoin green like Nigerian Flag 

Bitcoin experienced a substantial increase, climbing around 20% from its recent lows, while other cryptocurrencies mentioned by President Donald Trump in a recent Truth...

Xiaomi unveils latest phone models at Mobile World Congress

Xiaomi has unveiled its latest flagship smartphones, the Xiaomi 15 and Xiaomi 15 Ultra, at the Mobile World Congress in Barcelona on Sunday.These devices...