Category: Business

Nigeria’s Petroleum Corporation says no more fuel subsidy payment

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says Nigeria would no longer pay subsidy on petrol or under recovery...

Femi Otedola Calls Out Individuals Who Are Yet To Fulfill Their Pledges To The Covid-19 Relief Fund

Femi Otedola, one of Nigeria’s billionaire businessmen, has called out Nigerians yet to fulfill their pledges to the COVID-19 relief fund. Recall that immediately...

Gun rights group sues L.A. Mayor, Eric Garcetti over closure of firearms stores

A gun rights group is suing the city of Los Angeles, arguing that an order that has shuttered stores selling firearms in L.A. during the COVID-19 pandemic is...

China Sells Nearly Four Billion face Masks Abroad

Business is booming from the epicenter country of the covid-19 afterall. China has sold nearly four billion masks to foreign countries since March, as they try to stem...

Lockdown: This Is What Computer Village In Lagos Looks Like Due To Coronavirus (Photos)

Who would have ever believed that the popular Computer village market which is located in Ikeja, Lagos, Nigeria, can ever be peaceful and clean like this? The whole...

Bobrisky Reveals How Much He Makes A Year

Popular Nigerian male barbie doll, Idris Olorunwaje Okuneye popularly known as Bobrisky has opened up on how much he earns yearly. The popular Instagram celebrity cross...

Outgoing CBS CEO Joe Ianniello Gets Parting Gift Worth $125M

Former CBS Corp. Chief Executive Officer Joe Ianniello nabbed an eye-popping $125 million in total compensation and severance payments from ViacomCBS in 2019. Ianniello,...

Banks Should Deduct 5k From Everyone’s Account In Fight Against COVID-19 – Nigerian Lady Says

A Nigerian lady on Twitter has suggested that all Nigerians with bank accounts should contribute financially to the fight against COVID-19. According to her, Nigerian...

No license has been issued for 5G in Nigeria – Minister of Communications

Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim in a statement issued on Saturday said Nigeria is yet to get a license for 5G technology. He said in a...

See how David Beckham’s New Miami Condo looks (photos)

English football legend, David Beckham, has just invested approximately $20 million USD, on a luxurious penthouse condo in Miami Florida. The Inter Miami club...

Panic As Fire Guts Lagos Market

Fire has gutted Maola Shopping Mall in the Ebute Ero Market at Idumota, Lagos State, in Nigeria, reports says. The cause of the fire, which affected shops 35 and 36 in...

Heineken halts production in Mexico

Dutch brewer Heineken said on Friday that it will suspend production and distribution from its seven plants in Mexico, in response to the government’s decision to halt...

How NCDC Distributed Jack Ma’s Donations Nationwide (Photos)

See how Nigeria Centre for Disease Control (NCDC) distributed test gears, kits donated by Jack Ma Nationwide. They tweeted:-

Innoson seeks N4 billion loan to start producing ventilators locally

Reports say the car producing company in Nigeria, Innoson is seeking a loan as it prepares to start producing ventilators and other medical equipment to support in the...

Bolt launches Business Delivery in Lagos and Abuja

Bolt, the leading on-demand transportation platform in Africa, launches Bolt Business Delivery service in Lagos and Abuja, Nigeria today. The service works by connecting...

Kanye West’s school artwork now worth between $16K and $23K

Kanye West’s teenage artwork has been valued at between $16,000 and $23,000 by ‘Antiques Roadshow’ auctioneer The ‘Gold Digger’...

Dior creates face masks for France

Top designer Dior are making face masks for those working on the frontline in France. The luxury fashion house has started work on the masks for non-health care workers,...

The Mega-rich take to their superyachts to avoid coronavirus

The wealthy have devised a means to avoid Covid-19 — it’s staying on the sea. Tommy Hilfiger’s success with men’s shorts bought him the superyacht Flag....

Uber is Offering 10 Million Free Rides & Deliveries

Car-sharing service, Uber, has announced that it will offer 10 million free rides and deliveries in an effort to extend help during the current coronavirus pandemic....

Coronavirus cases near the 1 million mark globally, as United Nations warn of contracting world economy

The world economy could contract by 0.9 per cent this year due to the impact of the coronavirus pandemic. The United Nations in its monthly economic briefing yesterday...

Enugu state government orders closure of popular Ogbete Market

The Enugu State Government in South East Nigeria, has announced the closure of popular Ogbete Main Market in Enugu metropolis following health concerns. The...

“Markets In Lagos And Abuja Can Now Open From 10am To 2pm” – Federal Government

The Nigerian Federal Government has announced that all markets in states where a lockdown was imposed (Lagos, FCT and Ogun) will be allowed to open between 10:00 am and...

Demi Lovato Announces New Fabletics Line

American singer Demi Lovato is coming out with a new line – and there’s a good cause attached. The 27-year-old “Sorry Not Sorry” announced that she will be...

Shake Shack burger packs become available by mail

Some New York burger mavens once had to wait outside for an hour or more to pick up food from Shake Shack — now they don’t even have to put their shoes on. The...

Chanel to launch face masks to help combat coronavirus

Fashion brand Chanel is launching face masks amid the coronavirus pandemic. The luxury fashion house has confirmed it is working on prototype designs which will be...

Nigeria’s government further reduces pump price of petrol to N123.50 per litre

The Petroleum Products Pricing Regulatory Agency (PPPRA) in Nigeria has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol...

Planned electricity tariff increase in Nigeria suspended

The Nigerian Electricity Regulatory Commission (NERC) has announced the suspension of the planned increase in electricity tariff for end-use customers. The increase...

COVID-19: Keyamo sends message to DSTV, MTN, others

Nigeria’s Minister of State for Labour and Employment, Festus Keyamo, has urged direct broadcast satellite service providers and telecoms companies, to support the...

Coronavirus destroying our business – Commercial sex workers

Some commercial sex workers say their businesses have been hard hit following the outbreak of the Coronavirus (COVID-19) in Ghana. The ladies of the night have lamented...

Electricity Tariff To Increase From Tomorrow

Nigerians will from tomorrow, April 1, pay more for electricity, according to report. The Nigerian Electricity Regulatory Commission had disclosed this in its December...

Mike Adenuga Foundation, donates ₦1.5 billion to fight Coronavirus

The Mike Adenuga Foundation (MAF), established by business mogul, Dr. Mike Adenuga Jr., has donated the sum of N1.5 billion to government to support Nigeria’s fight...

First Bank Donates N1Bn To Fight Coronavrius

First Bank of Nigeria Limited has announced the donation of N1 billion toward the joint effort by the Nigerian Private Sector Coalition Against coronavirus (CACOVID). Dr...

Charity Centre turns Las Vegas parking lot into homeless shelter

A Las Vegas parking lot has been converted into a temporary outdoor shelter for homeless people. This happened after the Catholic Charities of Southern Nevada — a...

Coronavirus: Facebook And Google Rice Brands Hit Markets (Photos)

Ghanaian shoppers were on Saturday shocked when they came across new and strange brands of rice in the market – Facebook and Google. The brands are “My Facebook”...

Coronavirus: Dangote Donates 4 Ambulances To NCDC In Lagos (Photos)

The Nigeria Centre for Disease Control, NCDC, says it has received four ambulances from the Aliko Dangote Foundation to support the COVID-19 pandemic response activities...

South African billionaire Motsepe donates N20.8billion to fight Coronavirus

South African billionaire businessman Patrice Motsepe has donated a sum of 1billion Rand (N20.8billion) to help in the fight against coronavirus. South Africa entered a...

‘Just Stay At Home, We’ll Be Bringing Food To You,’ – Sanwo-Olu Tells Lagosians (Photos)

Lagos Governor Babajide Sanwo-Olu has commenced the implementation of a stimulus package that encompasses taking food to the doorsteps of millions of residents in...

“The Day My Husband Asks Me To Pay Rent is The Day I Pack My Bags”- Lady Writes

A beautiful black dark-skinned lady has shared with users on Twitter what she would do in her marital home when something happens. The lady identified as @Pondier Eden...

2Face Idibia Donates 10 Million Naira To Help Combat Coronavirus In Nigeria

Veteran Nigerian singer, songwriter and record producer, Innocent Ujah Idibia, affectionately known as 2Face/2BABA has donated 10 million naira to combat coronavirus...

Wizkid Showers Praises On Tony Elumelu, UBA Bank For Donating N5billion To Support Coronavius

Musician, Ayodeji Ibrahim Balogun, known professionally as Wizkid has taken to twitter to shower praises on Tony Elumelu, UBA for their huge donation to support the...

Obasanjo Donates 32-room Residence As Isolation Centre

Former President Olusegun Obasanjo yesterday donated his former residence at the Presidential Hilltop, Ogun State, as Isolation Centre. He approved that the residence be...

Lagos government converts schools to makeshift food markets

The Lagos State Ministry of Agriculture has set up sites as temporary markets for food and agricultural produce in selected schools across Local Governments in the...

Orange juice prices are soaring in global markets

The price of orange juice has spiked by more than 20% this month as consumers look for healthy products during the coronavirus pandemic. Its immune-boosting properties...

MAN urges members to sustain production of essential commodities

The Manufacturers Association of Nigeria (MAN) has urged its members to sustain ongoing operations and scale up production of essential commodities needed to...

Angry Nigerian Woman Blasts Redeemed Church And Other Nigerian Churches Over Tithe Request (Video)

The government have ordered lockdown to some sectors which Churches were included. The most affected areas, Lagos & Abuja have been advised to implement the “stay...

World Bank wants debt repayments by ‘Poor Countries’ Suspended

The World Bank has appealed to member countries of the G20 to allow, “the poorest countries to suspend all repayments of official bilateral credit,” due to the...

Dancer, Kaffy Blasts Market Traders Using Coronavirus To Inflate Prices Of Foodstuff (Video)

Popular Nigerian dancer, Kaffy took to social media to blast market traders for hiking the prices of their goods and blaming it on coronavirus. The enraged dancer shared...

Atiku Donates N50m For Coronavirus Relief Package For Nigerians

Atiku Abubakar, former vice-president, has donated N50 million as relief fund to support the fight against coronavirus. Atiku made the announcement in a statement...

Drake Shows Off Insane Range Of Sneakers In Quarantine (Photos)

Drizzy Drake has been in self-isolation after the ruthless coronavirus broke out in America. He sparked some fear in his fans when he was thought of being a victim of...

Air Peace to suspend flight operations amid outbreak

Air Peace airline has stated that it will suspend all flight operations on Friday 27th March as the deadly coronavirus disease continues to spread across the world....