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Manny Akpan | Business & Economy Editor

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Organized Labour to Mobilise Nationwide as Federal Government Charges Union Leaders with Contempt of Court

ABUJA, Nigeria — Organized labour in Nigeria has declared that all workers across private and public sectors will attend court proceedings in response to...

Tinubu Slams Buhari’s Fraud-driven Foreign Exchange Regime System as ‘Unfair’

ABUJA, Nigeria — Nigerian President Bola Tinubu on Monday, July 31, 2023, lashed out at the country's previous multiple exchange rate system, describing it...

Forbes: Rupert, Dangote Top Africa’s Richest List, Rabiu and Adenuga Miss Spot in Top 5

LAGOS, Nigeria — Forbes magazine's latest list of the wealthiest individuals in Africa reveals that two of Nigeria's most prosperous entrepreneurs, Abdul Samad Rabiu,...

Billionaire Abdul Rabiu Invests Additional $4.8 Million in BUA Cement

LAGOS, Nigeria - Abdul Samad Rabiu, the chairman of BUA Group, has invested an additional $4.8 million into BUA Cement Plc. As per a recent...

South African Diamond Tycoon Nicky Oppenheimer Rakes in $370 Million in 17 Days

JOHANNESBURG, South Africa - Nicky Oppenheimer, the second richest man in South Africa and third in Africa, has seen his fortune grow by a...

Central Bank of Nigeria Lifts Emefiele-Era Restrictions on 440 Bank Accounts

ABUJA, Nigeria - The Central Bank of Nigeria, CBN, has directed banks to lift the post-no-debit restriction placed on the accounts of 440 individuals...

Apple Founder’s Widow, Laurene Powell Jobs, Sees $5 Billion Drop in Wealth

NEW JERSEY, USA - Laurene Powell Jobs, widow of Apple co-founder Steve Jobs and a billionaire businesswoman in her own right, has seen a...

Nigeria’s Central Bank Hikes Interest Rates Amid Rising Inflation

LAGOS, Nigeria — The Central Bank of Nigeria's Monetary Policy Committee has announced a modest increase in monetary policy rates to 18.75 percent, a...

Nigeria’s Consumer Protection Agency Clamps Down on PoS Operators Over Pricing Breaches

ABUJA, Nigeria - The Federal Competition and Consumer Protection Commission, FCCPC, in Nigeria has delivered a sharp blow to the country's Point of Sale,...

More Hardships: Fuel Price Soars to N1,000 per Litre in Ogun Border Communities

ABEOKUTA, Nigeria - In Ogun State, Nigeria, the adjustment of petrol pump price by the Nigerian National Petroleum Corporation, NNPC, has pushed the cost...

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