Business

A Federal High Court in Asaba has awarded N10m in damages against the Department of State Services for illegally detaining a trader, Anthony Okolie, for 10 weeks without charge.

Finland-based telecommunications equipment company Nokia has come away almost empty-handed in terms of huge 5G contracts awarded by China’s big three telecom carriers.

The Nigerian government has received $311,797,866.11 recovered assets of General Sani Abacha repatriated from the United States and the Bailiwick of Jersey.

Remdesivir, the first possible scientifically proven treatment for battling COVID-19, will become available for U.S. hospitals in the coming week, says the CEO of the biotech company producing the drug.

As the world grapples with the challenges posed by Covid-19, Nigeria is leveraging digital solutions to limit disruption to essential supplies and commerce during the pandemic.

The Minister of Finance, Mrs. Zainab Ahmed, Monday, disclosed that the Federal Government has suspended its $22.7 billion external borrowing plans due to current realities in the global economic landscape.

The President, Major General Muhammadu Buhari (retd.), has no hand in the dethronement of Lamido Sanusi as the Emir of Kano, says a spokesperson for the president, Garba Shehu.

Conco Services Corporation announces BGI Energy Services Ltd as its exclusive distributor in Nigeria.

The Senate on Thursday approved the $22.7bn loan request of the President, Major General Muhammadu Buhari  (retd.) after a heated debate that ended up in a closed session.

Giant beverage manufacturer The Coca-Cola Company (NYSE: KO) spent a record of $4.24 billion on global advertising in 2019 alone. Data gathered by Learnbonds.com further indicates that the company’s advertising budget for the last five years was $20 billion.