Economy

Transport union orders boycott of inDrive in Lagos over security, low fares

The Amalgamated Union of App-Based Transporters of Nigeria in Lagos has instructed its members…

Apple fined €150m in France over privacy feature

French antitrust authorities have fined Apple €150 million ($162 million) over its App Tracking…

China announces discovery of new major oilfield

China’s National Offshore Oil Corporation has announced the discovery of a major oilfield in…

Trump imposes 25% tariffs on foreign cars, parts

United States President Donald Trump has announced a 25 percent tariff on all foreign-made…

P’Harcourt refinery runs 180 days non-stop, PETROAN reveals

The Port Harcourt Refinery, which was revamped and relaunched in November 2024, has achieved…

UNIZIK to honour Seyi Tinubu as 8,157 students graduate

The Nnamdi Azikiwe University, Awka, Anambra State, will graduate 8,157 students during its 19th…

NCAA grants Air Algérie operating permit

The Nigeria Civil Aviation Authority has officially granted Air Algérie a Foreign Carrier Operating…

MTN, Airtel patner to expand mobile connectivity in Nigeria, Uganda

Telecom giants MTN Group and Airtel Africa have entered into a network infrastructure-sharing agreement…

Oil firm sues CBN for N4.1bn over alleged negligence

An oil services company, Zumax Nigeria Limited, has dragged the Central Bank of Nigeria…

US blacklists over 50 Chinese firms to restrict AI, chip development

The United States has added more than 50 Chinese companies to its export blacklist,…

Marketers warn Nigerian against panic-buying as NNPCL, Dangote halt naira-for-crude

The Petroleum Products Retail Outlets Owners Association of Nigeria has assured Nigerians that there…

Nigeria, Spain sign MoU to strengthen bilateral ties

Nigeria and Spain have signed a Memorandum of Understanding to enhance political consultations and…

Imports from Dangote refinery to slash US jet fuel price — Report

Dangote Refinery is making a strong impact on the global fuel market, with its…

Trump to impose tariff on countries buying Venezuelan oil

United States President Donald Trump has announced a 25 percent tariff on imports from…

Nigerians spent N509.84bn on electricity in 2024

Nigerians spent a total of N509.84 billion on electricity in the last quarter of…