Business

Colonial Pipeline Paid $5m Ransom To Hackers – Report

Colonial Pipeline Paid $5m Ransom To Hackers – Report

Colonial Pipeline Co. has reportedly paid Eastern European hackers about $5 million as ransom on Friday, shortly after the cyberattack…
Gasoline Scarcity Hits Several States After Pipeline Hack

Gasoline Scarcity Hits Several States After Pipeline Hack

Gasoline scarcity hits several regions in the United States after a ransomware attack that shut down the Colonial Pipeline system,…
Pipeline Shutdown Sparks Worries Of $3 Gas

Pipeline Shutdown Sparks Worries Of $3 Gas

A cyberattack forced the largest US fuel pipeline to shut down Friday, and analysts are worried the disruption could result…
SpaceX To Launch In Nigeria

SpaceX To Launch In Nigeria

US-based Space exploration company, SpaceX is in talks with the Nigerian Government to secure the required licences to launch Starlink,…
Q1 2021 VAT Generation Stands At N496.39bn

Q1 2021 VAT Generation Stands At N496.39bn

Value Added Tax (VAT) generated for the 1st quarter of 2021 rose to a total of N496.39bn. This was made…
Nigeria Begins Repairs Of $1.5bn PH Refinery

Nigeria Begins Repairs Of $1.5bn PH Refinery

Federal Government of Nigeria has commenced the rehabilitation of the $1.5bn Port Harcourt refinery on Thursday. Yakubu Mustapha, Chief Operating…
5G Will Be Deployed In Nigeria Soon – FG

5G Will Be Deployed In Nigeria Soon – FG

Nigerian Government on Wednesday began arrangement for the deployment of Fifth Generation (5G) Technology in the telecommunications industry. Nigerian Communications…
BudgIT Discovers Over 316 Duplicated Projects In 2021 Budget

BudgIT Discovers Over 316 Duplicated Projects In 2021 Budget

BudgIT, a civic advocacy organisation focused on budget and public finance issues, said it discovered over 316 duplicated capital projects…
JUST IN: Microsoft Partners FG On Digital Transformation Of Economy

JUST IN: Microsoft Partners FG On Digital Transformation Of Economy

Microsoft and Nigerian Government have announced a partnership aimed at accelerating the nation’s move to becoming a digital economy. This is…
“We Acted In The Best Interest Of First Bank” – Awosika

“We Acted In The Best Interest Of First Bank” – Awosika

Former chairman of First Bank Nigeria Limited, Ibukun Awosika, says the decision to end the tenure of Adesola Adeduntan as…
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