The association said the continued rise in the price of diesel had made the price of the commodity to be doubled, warning that a total shutdown of operations by break-makers was imminent. The PBAN President, Emmanuel Onuorah, made the declaration during an interview with newsmen. “This country may collapse on everybody. …
Read More »Aviation fuel scarcity: All airlines in Nigeria to shut down in 3 days time
Recall we reported earlier about an alleged hijack of aviation fuel by supply chain, in a new development, the chairman of Air Peace, Allen Onyema, has warned that all Airlines in the country would shut down in three days time over the non-availability of Aviation fuel to run their …
Read More »Ckay, Africa’s best global selling artist, rakes over N2.6bn from Love Nwantiti
Chukwuka Ekweani popularly known as Ckay whose global hit ‘Love Nwantiti’ has made him the best-selling African artist globally, has accumulated over N2.6 billion in streaming royalties, BusinessDay calculation shows. The song’s 6 official versions of the original audio, remixes, and videos have generated over 1.5 billion streams from streaming …
Read More »Flutterwave Triples Valuation To Over $3 Billion In One Year, Raise $250 Million
African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 billion in just twelve months. In March 2021, the San Francisco-headquartered and Lagos-based startup raised $170 million in a Series C round from Tiger Global and Avenir at a valuation …
Read More »Did CBN Recently Order Reduction In Bank Charges? (Fact Check)
Over the weekend, some national news platforms reported that the Central Bank of Nigeria (CBN) has issued a downward review of charges for electronic banking transactions. According to the viral story, the apex bank announced a reduction in the amount payable for cash withdrawals from other banks’ automated teller machines …
Read More »2021: Dangote emerges Most Valuable brand in Nigeria for the fourth time
For the fourth time in a row, Dangote Group, a fully integrated Conglomerate and proudly Nigeria brand has again emerged as the most Valuable brand in Nigeria while the MTN Nigeria trailed as the Most Popular brand in the new Top of the Mind (TOM) survey conducted among corporate executives …
Read More »”From selling under a tree to owning a shop” – Man who lost his job and started business with N4,300 shows off his new store
A South African man identified as Tsepo Rapudi has become a source of inspiration to many with the story of how he opened his own business within a year of losing his job. He lost his job in 2019, but that did not make him depressed or weigh him down, …
Read More »Cooking Gas Tax: Nigerians To Pay N10,000 – Marketers
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has described as unfortunate President Muhammadu Buhari regime’s reimposition of VAT on cooking gas, warning that Nigerians may have to up to N10,000 to buy a cylinder of cooking gas. The marketers appealed to Mr Buhari’s regime to reconsider the imposition …
Read More »“Now we can get Obi Cubana” – Reactions as Jaruma unveils new protection breaker to penetrate rich people
Popular businesswoman and aphrodisiac expert, Jaruma has launched a new product which she says is meant for entrapping rich people with spiritual protection. Recall that weeks back, Jaruma surfaced revealed the that 7 million ladies (were on her neck, begging for a charm to use in getting billionaire, Obi Cubana. …
Read More »Soldiers Shut Businesses Of Traders Who ‘Identified With Nnamdi Kanu’
Soldiers on Tuesday prevented traders at the Timber and Building Materials markets in Orlu, Imo State, to open for the day’s business. It was gathered that the anger of the security agents stemmed from the fact that the traders chose not to open their shops on Monday as a result …
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