Saturday, October 17

Business

Daar Communications’ majority owner alleges share manipulation at CAC

The majority owner of Daar Communications Plc, Daar Investment & Holding Company (DIHL), has alleged the manipulation of the media and entertainment company’s shareholding structure at the Corporate Affairs Commission (CAC). Daar Communications operates African Independent Television and Ray Power…

Bitcoin ETFs Post Strong April Inflows as Ether Turns Positive

US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month.Bitcoin ETFs drew $1.97 billion in inflows in April, well above March’s $1.37 billion, marking their highest monthly inflows of the year, according…

Tinubu appoints ex-Dangote executive as NMDPRA chief

Many Nigerians, especially stakeholders in the oil and gas industry, were taken by surprise on Wednesday following the announcement that President Bola Tinubu had approved the removal of Saidu Mohammed as the Chief Executive Officer of the Nigerian Midstream and…

Workers protest inflation, casualisation in aviation sector

Aviation workers in Nigeria have protested rising inflation and the growing use of casual labour in the sector, warning that worsening economic and operational conditions are eroding their welfare and threatening industry safety. The National President of the Air Transport…

NRS launches REV360, marks transition to digital tax administration

The Nigeria Revenue Service (NRS) has officially announced the Go-Live of Rev360, its next-generation tax administration platform, to mark a significant transition to Tax Administration 3.0. PREMIUM TIMES earlier reported NRS’s plan to launch Rev360, a platform that introduces a…

UniCloud Africa, OADC expand cloud, AI infrastructure

UniCloud Africa and Open Access Data Centres have announced a strategic partnership to scale sovereign cloud and artificial intelligence infrastructure across the continent in a move aimed at strengthening Africa’s digital independence and reducing reliance on offshore data systems. Under…

Tinubu appoints new special adviser on power

President Bola Tinubu has appointed Lanre Babalola as the Special Adviser to the President on Power and Chairman of the Presidential Task Force on Power Sector Reset and Restoration. The appointment was announced in a statement issued on Thursday by…

‘Africa central to global AI economy’s future’

Nigerian business leader and Chief Executive Officer of ELIN Group, Dr Elizabeth Jack-Rich, has positioned Africa as central to the future of the global Artificial Intelligence economy. She argued that the continent’s resource base and industrial potential will play a…

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