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Category: Business

Business Economy

Kyari: NNPC discovered illegal oil pipeline operating for nine years

Iheanyi Ejiofor October 5, 2022 No Comments #NNPC #oil pipeline #Mele Kyari

The Nigerian National Petroleum Company Limited (NNPC) on Tuesday said it uncovered an illegal 4-kilometre (km) pipeline from Forcados terminal to the sea, and a loading port that had operated…

Read More Kyari: NNPC discovered illegal oil pipeline operating for nine years
Business Economy headline

FEC approves proposed N19.76trn 2023 budget

Iheanyi Ejiofor October 5, 2022 No Comments #Federal executive council #FEC #2023 Budget

By our reporter| The federal executive council (FEC) on Wednesday approved the proposed N19.76 trillion budget for the 2023 fiscal year. Presidential spokesman, Femi Adesina, who made the disclosure while…

Read More FEC approves proposed N19.76trn 2023 budget
Business Economy headline

Ethiopia cancels visa on arrival for Nigerians

Iheanyi Ejiofor October 5, 2022 No Comments #Ethiopian airline #Nigeria #Visa on arrival

The Ethiopian government has cancelled visas-on-arrival for Nigerians with immediate effect. In a statement on Tuesday, the government said travellers would need to obtain their visas at its embassy in…

Read More Ethiopia cancels visa on arrival for Nigerians
Business Economy

Twitter plans to close deal with Elon Musk

Iheanyi Ejiofor October 5, 2022 No Comments #Twitter #Elon Musk

Twitter shares soared on Tuesday afternoon after Elon Musk said that he intends to proceed with his original $54.20 per share offer to acquire the social media giant. According to…

Read More Twitter plans to close deal with Elon Musk
Business Economy headline

FG sues Meta over ‘unapproved’ adverts, seeks N30bn penalty

Iheanyi Ejiofor October 4, 2022 No Comments #FG #Meta

The Advertising Regulatory Council of Nigeria (ARCON) has sued Meta Platforms Incorporated, owners of Facebook, Instagram, and WhatsApp platforms, for showing unapproved advertisements to the Nigerian audience. In a statement…

Read More FG sues Meta over ‘unapproved’ adverts, seeks N30bn penalty

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