Early Tuesday, the founder of South Korea’s internet giant Kakao was arrested, according to a Seoul court. He faces accusations of stock manipulation during the acquisition…
Browsing: Business
Asian markets took a hit on Monday following Joe Biden’s announcement to withdraw from the US presidential race, causing fresh uncertainty. This development, coupled with China’s…
A global IT outage has disrupted businesses worldwide, affecting a range of sectors including banks, airlines, telecommunications, broadcasters, and supermarkets. Reports of issues have surfaced from…
Nigeria and UAE Reach Agreement on Visa Issuance Nigerian passport holders can now obtain visas for travel to the United Arab Emirates (UAE) starting today, July…
CBN Governor Olayemi Cardoso Addresses Interest Rate Concerns The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured Nigerians and private sector investors…
Devakumar Edwin, the Vice President of Oil and Gas at Dangote Industries Limited (DIL), has confirmed that Dangote Refinery will commence production of Premium Motor Spirit…
President Bola Tinubu has launched the Presidential Economic Coordination Council (PECC) to address Nigeria’s current economic challenges. The council includes key government officials, top private sector…
Federal Government Exempts Farmers and Small Businesses from Withholding Tax The Federal Government has introduced a new withholding tax policy that exempts farmers, small businesses, and…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, highlighted concerns about the increasing transaction volumes of non-bank financial institutions (NBFIs) in West Africa,…
Boeing announced Monday that it has finalized an agreement to acquire Spirit AeroSystems, its subcontractor, in a deal valued at approximately $4.7 billion. This acquisition, involving…