Business & Economy

Business & Economy

Oil rises above $100 first time since July over Iran war

Plu Team -
Brent crude has risen above $100 a barrel for the first time since July...
Business & Economy

Pluboard interview: U.S. couple takes Black church drama to Africa, eyes Nigeria

Eric Ojo -
A U.S. husband-and-wife filmmaking team behind an independently produced television drama about faith, money,...
Business & Economy

Nigeria orders fast-track disbursement of $700m mariime fund

Plu Team -
The Nigerian government has ordered maritime authorities and commercial lenders to accelerate the processing...
Business & Economy

Crude prices rally as US and Iran exchange strikes on commercial vessels

Plu Team -
Global oil prices extended gains on Monday as escalating maritime exchanges between the United...
Africa

AU sets launch date for own credit rating agency

Plu Team -
The African Union (AU) has officially set October 7 for the launch of the...
Business & Economy

Dangote refinery IPO set for mid-September launch

Plu Team -
The long-awaited public share offering of Nigeria’s massive Dangote Refinery is set to open...
Business & Economy

Uber exits Nigeria after 12 years, offers drivers “goodwill payment”

Plu Team -
Uber is ending its operations in Nigeria after 12 years, withdrawing from one of...
Business & Economy

China’s aluminium profile shipments to Nigeria jump 1,614% in July

Olawale Afolabi -
China’s aluminium profile shipments to Nigeria surged 1,614% month-on-month in July, making Nigeria the...
Business & Economy

Meta agrees to pay $18bn settlement over child safety claims

Plu Team -
Meta has agreed to pay up to $17.1 billion to settle lawsuits brought by...
Business & Economy

Geregu Power bond default: What it means for Nigeria’s capital market

Ubong Ekott -
There is a particular kind of shock that travels fast through financial markets -...
Business & Economy

Nigeria targets $50bn offshore oil investment by 2030

Plu Team -
Nigeria’s upstream petroleum regulator expects to attract between $30 billion and $50 billion in...
Environment

Shell sold Niger Delta asset despite internal doubts over $10.9bn cleanup

Ubong Ekott -
Shell estimated it could cost about $10.9 billion to decommission its ageing onshore oil...
Banks

Otedola increases First HoldCo stake to 25.9% in N222bn buy

Plu Team -
First HoldCo Plc chairman Femi Otedola has consolidated his position as the group's biggest...
Business & Economy

S&P Global to acquire majority stake in Nigeria’s first credit rating agency

Plu Team -
Global financial intelligence giant S&P Global is acquiring a majority stake in Agusto &...
Consumer

Nigeria threatens to ground Moroccan airline for “contempt”

Plu Team -
The Nigerian Civil Aviation Authority (NCAA) has threatened to suspend Royal Air Maroc's operations...
Cost of Living

Analysis: To ease living costs, UK’s new prime minister is doing what Nigeria won’t

Plu Team -
Barely 48 hours after taking office, Britain's new Prime Minister, Andy Burnham, announced one...
Media

American entrepreneur expands TV franchise into Nigeria

Eric Ojo -
Black American entrepreneur and media executive Cheron Griffin has announced the expansion of her...
Security

“Illegal mining funded terror”: Two of Nigeria’s most wanted jihadists get life

Olawale Afolabi -
For a man once described by Nigeria's national security adviser as the mastermind of...
Business & Economy

Trump’s company seeks N150m monthly for faster access to his posts

Plu Team -
A media company majority-owned by U.S. President Donald Trump has proposed charging investment firms...
Business

Why Nigerian poultry farmers are abandoning broilers for eggs

Ubong Ekott -
When you think of Nigeria's protein crisis, your mind probably goes straight to the...
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