China’s biggest ride-hailer, Didi Global Inc, on Wednesday raised $4.4 billion by pricing its shares at $14 each in its upsized New York initial public offering (IPO), according to public filings According to Dealogic, a financial markets platform offering integrated content, analytics, and technology via a service to financial firms, with the raising of about […]
The Bureau of Public Enterprises (BPE) on Thursday stated that it had delisted Grand Central Hotel, Kano from its routine monitoring activities following the hospitality industry player’s fulfillment of all covenants stipulated in the Share Sale and Purchase Agreement (SSAP). The delisting ceremony, which was performed in the Bureau’s headquarters in Abuja on Wednesday, was […]
Automack has partnered MTN Nigeria to unveil the Audiomack+MTN Data Bundle programme which offers MTN subscribers in the country tailored data bundles for streaming unlimited music and accessing content of Audimack free of data charges. A news report distributed on behalf of MTN Nigeria by African Press Organization (APO) Group, indicated that the partnership will […]
Heritage Bank Plc has again demonstrated its commitment to the growth of the creative and entertainment sector by supporting the “Rita Dominic Acting Challenge.” The bank, in collaboration with a foremost Nigerian actress and Co-founder of the Audrey Silva Company, Rita Dominic, launched an acting challenge for aspiring actors to recreate a scene in a […]
The Federal Airports Authority of Nigeria (FAAN) on Monday urged air travellers, drivers and other airport users, particularly those at the General Aviation Terminal (GAT), Lagos, to strictly comply with laid down protocols on COVID-19 pandemic control to ensure safety of all airport users natiowide. The Authority, in a statement by its General Manager, Corporate […]
The Agency for Air Navigation Safety in Africa and Madagascar, ASECNA, the Nigerian Communications Satellite Ltd, NIGCOMSAT and Thales Alenia Space, joint venture between Thales (67 %) and Leonardo (33 %) joint efforts to accelerate Satellite-Based Augmentation System (SBAS) development for aviation in Africa. Following the broadcast of a SBAS signal over Africa & Indian […]
Apparently worried by the surging cases of COVID-19 infections nationwide and other countries, the Federal Government is considering another ban order on international flights to and fro Nigeria to control further spread of the pandemic. The Chairman Presidential Task Force (PTF) on COVID-19, Mr. Boss Mustapha, gave this hint while announcing a new COVID-19 advisory […]
Maritime Workers Union of Nigeria (MWUN) has directed its members nationwide to shut ports operations and embark on a three-day warning strike from Monday, December 7, to protest the increasing problem of gridlock on the Apapa-Oshodi Expressway. Specifically, the union linked its planned industrial action to the worsening situation of the major road to the […]
Consequent upon the order of Honourable Justice R.M. Aikawa of the Federal High Court, Lagos Division, the Asset Management Corporation of Nigeria (AMCON) on Wednesday took possession of 12 assets belonging to Barrister Jimoh Ibrahim, the chief promoter of Global Fleet Oil & Gas Limited and NICON Investment Limited in Lagos and Abuja over N69.4 […]
An Australian federal court on Friday ruled that the amount of taxes that Crown Resorts, a casino operating company, must pay when bringing in VIP gamblers on junkets had been “excessive.” Crown launched its legal challenge two years ago, disputing whether the cost of commissions and rebates it paid out for junket tours could be […]