MaTaZ ArIsInGDallas, Texas The United Arab Emirates (UAE) flag carrier Emirates flight landed at the Murtala Muhammad International Airport (MMIA), Lagos on Tuesday. This is coming two years after the suspension of operation by the airline over several issues including unresolved trapped funds belonging to the airline. However the flight EK 783 which touched down […] Read more
MaTaZ ArIsInGDallas, Texas Online taxi firm Bolt has restricted “inter-country” requests between Nigeria and South Africa after the two countries’ social media rivalry reached an all-time high – or low – with people booking and then cancelling rides in the other nation as a prank. The drivers were pawns in this malicious game as they […] Read more
MaTaZ ArIsInGDallas, Texas Online merchants based in Nigeria can now accept American Express payments through Africa-based payments technology firm, Flutterwave. American Express card members will now be able to make payments to e-commerce businesses using Flutterwave in Nigeria, with plans to expand the service to Flutterwave merchants in the likes of Tanzania, Rwanda, Ghana and Uganda in the near […] Read more
MaTaZ ArIsInGDallas, Texas HIGHLIGHTS Refinery operational since January, running at 400,000 b/d Nigerian crude staying in-country, new market for WTI Midland Refinery to tighten light, sweet complex after ramp-up to gasoline Nigeria’s $20 billion Dangote refinery is set to shake up international crude flows when it reaches full capacity, having already made an impact since […] Read more
MaTaZ ArIsInGDallas, Texas The queues for Premium Motor Spirit, popularly called petrol, persisted in Abuja and neighbouring states on Monday, as it also spread to Lagos and other regions across the country, with marketers stating that the situation might drag till the weekend. As motorists spend hours in queues at the few filling stations that […] Read more
MaTaZ ArIsInGDallas, Texas Meta, the parent company of Facebook, has announced the availability of two new monetisation features for content creators in Nigeria and Ghana Speaking on Monday, Meta said the features — which include Facebook in-stream ads and Facebook ads on reels — will allow creators to earn money for creating original videos and building communities. […] Read more
MaTaZ ArIsInGDallas, Texas Guaranty Trust Bank has dragged no fewer than 60 top executives of 13 commercial banks to court as a pending suit between GTBank and Afex Commodity Exchange over N17bn Anchor Borrowers Programme loan lingers. The 60 executives including the chairmen, chief executive officers, directors, and company secretaries of the 13 banks are […] Read more
MaTaZ ArIsInGDallas, Texas Following the inaccurate reports circulating on several blogs and Nigeria’s social media space, Guinness Nigeria Plc, one of the country’s brewing giants and a part of Diageo, has debunked rumours that plans were underway for it to close operations in Africa’s largest market. However, the unconfirmed reports were not unconnected with the […] Read more
By Victor Oluwole South African citizens have the greatest combined wealth at $651 billion, followed by Egypt ($307 billion) and Nigeria ($228 billion). According to the report, Egypt now has the most billionaires, more than any African country. There are currently 136,000 high-net-worth individuals (HNWIs) with a private wealth of USD 1 million or more […] Read more
By Basil Okoh MaTaZ ArIsInG Nigerians, what is the actual monetary value of Dangote Refinery? Does anybody know? Which company or agency made a valuation of Dangote Refinery and determined the value of 20% worth that the Federal Government wants to invest in the refinery? There is presently no public knowledge of any independent valuation […] Read more
