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Why we stripped Globacom of its operational license – Benin Republic

The government of Benin Republic on Wednesday said its rejection of Globacom-Benin’s bid to renew its operational license had nothing to do with sanctions against the company either for violation of its regulations or dispute over new conditions imposed for the license.

Benin Republic withdraws Globacom’s licence

Benin’s telecommunications regulator has withdrawn the operating licence of Nigerian mobile telecoms company Globacom’s local unit in a dispute over new terms, according to a document seen on Tuesday.

BAT denies involvement in N30trn revenue leakage

In reaction to the ongoing probe into the alleged involvement in N30 trillion revenue leakage, the British American Tobacco Company says it has never owed a dime in customs duty payments.

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Donald Trump threatens 20% tariff on all European cars

Donald Trump has threatened a 20% tariff on all European cars if the EU does not remove trade barriers introduced on Friday.

Rice farmers laud federal government’s plans to close border to stem rice imports

The Rice Farmers Association of Nigeria (RIFAN), on Friday, commended Federal Government for its plans to close Nigeria’s border with a neighbouring country to stop rice importation through the land borders.

Sales assistant disappears with employer’s N3 million jerseys

A 20-year-old sales assistant, Nnamdi Mbanefo, was on Friday brought before an Ebute Meta Chief Magistrates’ Court for allegedly stealing his employer’s jerseys valued at N3 million.
An OPEC branded flag sits on a table ahead of the 169th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria. | Akos Stiller | Bloomberg via Getty Images

OPEC agrees ouput rise of ‘about’ 1 million barrels

OPEC members have agreed on a combined increase in crude oil output of one million barrels per day, the oil minister of the cartel's kingpin Saudi Arabia said Friday.

NDDC urges public to disregard ‘malicious’ campaign

The Niger Delta Development Commission (NDDC) has called on the public to disregard a statement credited to an unnamed Non-Governmental Organisation over some of the commission’s projects.