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…
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Category: Business
FG sues Meta over ‘unapproved’ adverts, seeks N30bn penalty
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…
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NNPC generated N674bn profit in 2021 – Kyari
By our reporter| The Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared a profit after tax (PAT) of N674 billion for the year ended 2021. Mele Kyari, group chief…
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UPDATED: Buhari to present N19.76tn 2023 Budget on Friday
President Muhammadu Buhari will on Friday present the N19.76 trillion 2023 Budget to the National Assembly in Abuja. The presentation will take place at the temporary chamber of the House…
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Buhari taps Aminu Umar-Sadiq to replace Orji as MD/CEO of NSIA
President Muhammadu Buhari has approved the appointment of Aminu Umar-Sadiq as the managing director and chief executive officer (MD/CEO) of the Nigeria Sovereign Investment Authority (NSIA). The president also appointed…
Read More Buhari taps Aminu Umar-Sadiq to replace Orji as MD/CEO of NSIA