Business & Economics

Business & Economics

FG appoints Adamu Abdulahmid as new Nigeria’s Ambassador to WTO

President Muhammadu Buhari has approved the appointment of Dr. Adamu Abdulahmid as the new Nigeria Ambassador to the World Trade Organisation (WTO). The appointment is...
Business & Economics

Nigeria’s GDP projected to grow at 4.2% in 2022

The Federal Government has projected a rise to 4.2 per cent of the country’s Gross Domestic Product (GDP) in 2022. Mrs Zainab Ahmed, Minister of...
Business & Economics

UK Financial Watchdog FCA, Bans Cryptocurrency Exchange Binance

The UK’s Financial Conduct Authority has banned the world's biggest cryptocurrency exchange 'Binance' from conducting regulated activity in the country, including Binance Markets Limited...
Business & Economics

FG to tax global digital tech companies operating in Nigeria

Vice-President Yemi Osinbajo says the federal government is set to tax profits made in Nigeria by global technology and digital firms not based in...
Business & Economics

Nigerian Stock Exchange extends loss by N364 billion

The Nigerian Exchange (NGX) extended its losing streak on Tuesday with a loss of N364 billion due to selling pressure in blue chips. Consequently, the...
Business & Economics

Brisk Capital says as long as CEO Joshua is in custody, it will be impossible to refund investors

Brisk Capital Investments said it near impossible to refund monies to investors who consider themselves duped after the arrest of Dominic Joshua by the...
Business & Economics

TECNO unveils Chris Evans as its global brand ambassador

Tecno, the global smartphone maker has on April 30, 2021, announced Hollywood superstar Chris Evans as its brand ambassador. "Meet our Global Brand Ambassador, Chris...
Business & Economics

CBN sacks all Directors of First Bank of Nigeria, First Bank of Nigeria Holding

Central Bank of Nigeria governor, Godwin Emefiele, has sacked all directors of First Bank Holding and First Bank Nigeria Ltd. The apex bank governor also...
Business & Economics

Egypt Demands $1 Billion Compensation To Release Ever Given Ship Following Suez Canal Blockage

Estimated reading time: 3 minutes The Ever Given container ship that was stuck in Suez Canal for almost a week still cannot sail away...
Business & Economics

Shoprite announces new date for its Nigeria exit as it complete sale of Nigeria subsidiary

Africa’s largest retailer is quitting Nigeria announced a new timeframe for the end of its operation in Nigeria. South Africa-owned Shoprite’s plans on shutting down...
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