Global Business News
Global Business News
Global Business News

Lagos, Sept. 12, 2023 – The corpse of the late singer, Ilerioluwa Aloba, popularly known as Mohbad, has been exhumed. Lagos State Police Command, which confirmed this, also said it had arrested the nurse who allegedly injected the deceased singer. SP Benjamin Hundeyin, the Spokesman for the command, said the autopsy would begin as soon as possible. “Mohbad’s corpse has been exhumed today, and an autopsy will begin as soon as possible.” Hundeyin said. The singer died in mysterious circumstances and was hurriedly buried by the the family which brought …

Lagos, Sept. 21, 2023 – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has postponed its 293rd meeting scheduled for Monday, Sept. 25 and Tuesday, Sept. 25. This postponement was announced by the CBN Director of Communications, Dr Isa AndulMumin. and 26, 2023, respectively. The statement said that a new date would be communicated in due course. “We regret any inconvenience this change may cause our stakeholders and the general public,” the statement said. The CBN did not give any reasons for the postponement, but the …

New York, Sept. 21, 2023 -President Bola Tinubu has advised the United Nations to be more active in transforming and coordinating development activities of member nations. He said that the U.N. should stop being a talkshop on global world issues to becoming a more active global body. Tinubu gave the advice during a meeting with António Guterres, the United Nations Secretary-General, in New York on Wednesday. He decried the gloomy situation in Africa where a large percentage of its resources were being exploited to develop other continents. Tinubu stressed the …

New York, Sept 21, 2023 – President Bola Ahmed Tinubu has called on foreign investors to bring their capital into the country as his government is working on easing the free flow of capital. Tinubu made the call just before ringing the Closing Bell of NASDAQ in New York, a ceremony organized by United States Chamber of Commerce, Nigerian Exchange Group Plc (NGX Group) and Nigerian Investment Promotion Council (NIPC). While addressing investors, the president said his administration was actively working on reducing bottlenecks to ease the free flow …

Lagos, Sept. 21, 2023 – President Bola Ahmed Tinubu on Thursday described Senator Oluremi Tinubu, his wife and First lady, as a trusted partner in every venture as she marks her 63 birthday anniversary. He made the remarks in his message to her on the celebration of her 63rd birthday. “Happy 63rd birthday to the love of my life, Oluremi,” Tinubu had written to her through X (formerly Twitter). “My trusted partner in every venture, and the one special person who has consistently filled my days with joy and laughter …

Lagos, Sept. 21, 2023 – Transnational Corporation Plc (Transcorp) has embarked on a groundbreaking Corporate Social Responsibility (CSR) on environmental project. Transcorp is Nigeria’s largest listed diversified conglomerate renowned for its investments in the power, hospitality and energy sectors On Wednesday, Sept. 20th, the group launched an initiative aimed at sensitising schools across the country on proper waste management and recycling, fostering a greener and more sustainable future for Nigeria. Employees from various Transcorp companies in Nigeria, which included Transcorp Plc, Transcorp Hotels Plc, Transcorp Power Limited, Transafam Power Limited, …

New York, Sept. 21, 2023 – President Bola Tinubu has advised Nigerians in the U.S. to rise above failure by having a change of mindset for success in all their endeavours in life. Tinubu, who gave the advice at the Presidential Townhall Meeting with Nigerians in the diaspora on Wednesday in New York, said Nigerians had no reason to be poor. The News Agency of Nigeria reports that the Townhall Meeting was organised by the Nigerians in Diaspora Commission on the sidelines of the 78th session of the UN General Assembly. …

Lagos, Sept. 21, 2023 – The Central Bank of Nigeria (CBN) has unveiled a new online platform for submission of microfinance bank (MFB) licence applications. The platform is known as the CBN Licensing, Approval and Other Requests Portal (CBN LARP). The new online platform will eventually replace the current manual process wherein prospective applicants for MFB licence physically submit their applications to the CBN. In a statement, the bank said it would extend the platform to other categories of licences. It said the online application system would offer numerous benefits, …

*By Paul Ejime Lagos. Sept. 21, 2023 – France and the United States were two countries that championed so-called international condemnation of and outrage against the 26 July 2023 military coup in Niger. But some two months on, both countries appear to be working at cross purposes in relation to efforts for the restoration of constitutional order in Niger or the reinstatement of deposed and detained President Mohamed Bazoum. This is hardly surprising, since international relations is about national interests. However, the implications of the unravelling dispositions of the two …

New York, Sept. 20, 2023 – President Bola Tinubu has advised Africa businesses look inward instead of undue reliance on international donor funds. He made the call at the Tony Elumelu Foundation (TEF) and United Nations Children’s Emergency Fund (UNICEF) Generation Unlimited (GENU) Breakfast Roundtable meeting on the sideline of the ongoing 78th United Nations General Assembly (UNGA) in New York. The event also served as the launch of the Tony Elumelu Foundation (TEF) Impact Report titled ‘The Tony Elumelu Foundation Entrepreneurship Programme: A Decade of Impact’. Tinubu decried the …