Morocco has taken a fresh step in its $2.2 billion legal dispute with British mining company Emmerson Plc after appointing Professor Zachary Douglas KC as its representative in an ongoing …
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Lasaco Assurance Rebrands Subsidiaries, Appoints New Leadership for Growth
Lasaco Assurance Plc has unveiled a major rebranding of its two subsidiaries, Lasaco Properties Limited (LPL) and Lasaco Trading and Investment Limited (LTIL), as part of efforts to improve efficiency, …
- BusinessMarketsRegulationTechnologyTelecommunications
Google Fined $36m in Australia Over Anticompetitive Search Deals
Google has agreed to pay a fine of 55 million Australian dollars (about $36 million) after admitting to entering anticompetitive agreements with Australia’s two largest telecommunications firms, Telstra and Optus. …
- BusinessCapital MarketINVESTMENT
Industrial & Medical Gases Nigeria Plc Unveils N6.39bn Rights Issue to Fund Expansion
Industrial & Medical Gases Nigeria Plc has announced the launch of a N6.39bn rights issue aimed at strengthening its market position and supporting ongoing expansion projects. In a statement issued …
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Afrinvest Questions Tinubu’s $1tn GDP Target Over Inflation
Investment research and advisory firm Afrinvest has expressed doubt over President Bola Ahmed Tinubu’s ambitious projection that Nigeria’s economy will grow four times bigger to reach $1 trillion by 2030. …
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Shettima to Lead Risk Talks at 24th CRMI International Conference in Lagos
Vice President Kashim Shettima will headline the 24th Annual International Conference of the Chartered Risk Management Institute of Nigeria (CRMI), which is scheduled to take place later this month in …
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Tinubu Hails NNPC and Sahara Group Over New LPG Vessel ‘MT Iyaloja Lagos’
President Bola Ahmed Tinubu has praised the Nigerian National Petroleum Company Limited (NNPC Ltd) and Sahara Group for their commitment to strengthening Africa’s role in the global clean energy market. …
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Naira Faces Weak Start but Experts Predict Stability Ahead
The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …
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Libya Hires Lufthansa Consulting to Build New State Airline
The Tripoli-based Libyan government has announced that Lufthansa International Consulting has been formally accredited to oversee the creation of a new state-owned airline. The decision was revealed during a meeting …
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Libya Suspends Huawei Operations Over Security Concerns
The Tripoli-based Libyan General Authority for Communications and Informatics has suspended all activities of Chinese telecom giant Huawei in the country. The announcement was made on Tuesday, with officials citing …