Business

India’s Adani firms lose $65bn in value

Most Adani Group shares fell sharply on Monday as the Indian conglomerate’s rebuttal of a US short seller’s criticism failed to pacify investors, deepening a market rout that has now led to losses of $65bn in the group’s stock values. Led by Asia’s richest man Gautam Adani, the Indian group has locked horns with Hindenburg […]

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NAHCO strike: Lawmaker calls for restraint

Mr Nnolim Nnaji, Chairman, House of Representatives Committee on Aviation, has called for restraint, over the ongoing industrial dispute between the Nigerian Aviation Handling Company (NAHCO) and its workers. He made the call in a statement in Lagos, on Monday, advising the management of the company to dialogue with the leadership of the union. Nnaji […]

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Buhari To Visit Lagos For Two-Day Project Commissioning

President Muhammadu Buhari will visit Lagos State on Monday for two days of site visits and commissioning of projects in various locations, the Lagos State Government has said. The state Commissioner for Information and Strategy, Gbenga Omotoso, in a statement on Friday, described the President’s planned visit as ‘A Festival of Project Commissioning’. “Although Mr. […]