Business Archives - Page 87 of 98 - Voice Air Media

5 Minutes

Business

Meet world’s richest man bidding to take over Twitter– Elon Musk

Akanji Philip April 14, 2022 0 Comment

Two decades after banking his first millions, the South-African born Elon Musk last year became the world’s richest person – wresting the title from Amazon’s Jeff Bezos – following the meteoric rise of Tesla,...

2 Minutes

Business

Just In: Court fines Zenith Bank N500,000 in landmark judgment over spam messaging

Akanji Philip April 12, 2022 0 Comment

A high court in Ogun state has ordered Zenith Bank Plc to pay N500,000 as damages for sending spam messages to one Omotola Fathiat Quadri. Quadri had, in the suit marked...

2 Minutes

Business

Just In: CBN grants final PSB approval to MTN

Akanji Philip April 12, 2022 0 Comment

The Central Bank of Nigeria has granted MTN Nigeria Communications Plc final approval to operate its Payment Service Bank. This is coming six months after the apex bank granted approval in principle to...

3 Minutes

Business

MPC: Oil theft affecting govt finances, naira stability

Akanji Philip April 12, 2022 0 Comment

Massive oil theft, among other issues, is wreaking havoc on the government’s finances and endangering the naira’s stability. The Central Bank of Nigeria reported this in a study by Prof. Mike...

4 Minutes

Business

Edwin: We’ve commenced fertiliser exportation to US, others

Akanji Philip April 8, 2022 0 Comment

The Group Executive Director, Strategy, Portfolio Development & Capital Projects, Dangote Industries Limited, Mr Devakumar Edwin, speaks with EDIDIONG IKPOTO on the prospects and challenges of the company’s recently inaugurated fertilizer plant and the...

2 Minutes

Business

NEXIM loan default costs Mortgage bank N2bn assets shortage

Akanji Philip April 7, 2022 0 Comment

A mortgage bank with headquarters in the Federal Capital Territory, Abuja, has lost prime properties valued at about N2b for defaulting on a loan obtained from the Nigerian Export-Import Bank. The...

2 Minutes

Business

Calvet: Cooperative Societies must recommit to principles of sustainability

Akanji Philip April 7, 2022 0 Comment

The Chief Executive and Principal, United Kingdom Cooperative College, Manchester, UK, Mr Neil Calvet, on Tuesday charged members of cooperative societies in Lagos to recommit themselves to the principles of cooperatives to ensure a...

1 Minute

Business World News

Twitter Stock Soars As Elon Musk Reveals 9.2% Stake

VAM News April 6, 2022 0 Comment

Tesla Inc Chief Executive Officer Elon Musk has built a 9.2% stake in Twitter Inc, a regulatory filing showed on Monday, potentially making him the biggest stakeholder in the micro-blogging site. Twitter shares soared...

2 Minutes

Business

Heavy Sanctions Imposed On Nigerian Banks Over Mutilated Notes

VAM News April 4, 2022 0 Comment

The Central Bank of Nigeria has expressed concern over the increasing amount of mutilated banknotes deposited with the apex bank by Deposit Money Banks. To this end, the CBN has warned banks to stop...

2 Minutes

Business

South East: Innoson Motors To Establish Manufacturing Plant In Imo

Akanji Philip April 2, 2022 0 Comment

Innoson Vehicles Manufacturing (IVM) has disclosed that plans are afoot to set up a manufacturing plant in Owerri, Imo state. This was disclosed on Friday by Innocent Chukwuma, chairman, Innoson Group during...