Aliko Dangote of Nigeria is Africa’s richest person for the tenth time in a row, according to the 2021 Forbes’ Africa Billionaires List rele...
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Showing posts with label BUSINESS. Show all posts
Showing posts with label BUSINESS. Show all posts
KLM sacks 6,000 workers in seven months
Dutch carrier, KLM, has sacked a total of 6,000 staff members in seven months. A statement by the firm titled, ‘KLM to further restructure ...
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FG blames #EndSARS protest, COVID-19 for rising cement prices
The Federal Government says last year’s #ENDSARS protests and the COVID-19 pandemic which disrupted production flows were responsible for t...
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Jay-Z invests $10m in cannabis ventures
Superstar rapper Jay-Z has launched a new $10 million cannabis venture to invest in Black-owned firms, in an effort to help a community tha...
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LIRS urges employers of labour to file annual tax returns on or before January 31 deadline
In line with the Personal Income Tax Act (PITA) Cap P8 LFN 2011 (as amended), The Lagos State Internal Revenue Service (LIRS) urges all empl...
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EU regulator to clear Boeing 737 MAX flights next week
The European Union Aviation Safety Agency (EASA) plans to authorise the Boeing 737 MAX to fly again next week, 22 months after the plane wa...
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Egypt, UAE resume Qatar flights since 2017
The first direct flights since 2017 between Qatar and its former rivals Egypt and the UAE took to the skies on Monday, following the end of...
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$1.1bn deal: Elumelu’s firm buys Shell, Total, ENI stakes in oil block
Three international oil companies operating in Nigeria have sold their combined 45 per cent interest in Oil Mining Lease 17 and related ass...
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WhatsApp delays privacy changes after backlash
WhatsApp on Friday postponed a data-sharing change as users concerned about privacy fled the Facebook-owned messaging service and flocked t...
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World Bank to invest $5bn in 11 African countries
The World Bank plans to invest over $5bn within the next five years to help restore degraded landscapes, improve agricultural productivity,...
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Man has just two password guesses left before he loses £180m in his Bitcoin account
A very desperate computer programmer has come out to reveal he has just two guesses left to figure out a password to a Bitcoin account of hi...
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Elon Musk falls to second richest person in the world after his fortune falls by nearly $14 Billion in one day
Elon Musk's position as the wealthiest person in the world was short-lived after his fortune fell by nearly $14 billion in one day. The ...
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Dangote loses $900m in 24 hours
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw his total net worth drop by $900m on Friday as his flagship co...
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Twitter shares slump 8% after Trump account suspension
Twitter’s German-listed shares slumped as much as 8 per cent on Monday, the first trading day after it permanently suspended US President D...
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BREAKING: Bitcoin passes $40,000 for first time
The price of leading cryptocurrency, Bitcoin, has reached a record $40,000 just hours after it sold for $38,000. The progress began in Dece...
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Nigeria Customs Service generated ₦1.5 trillion in 2020
The Nigeria Customs Service generated the sum of 1.5 trillion Naira (?1,562,115,419,216) for the year 2020. In a statement issued on Wednesd...
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Beijing slams US over ban on Chinese apps
Beijing accused the US on Wednesday of “bullying” after President Donald Trump ordered a ban on a series of Chinese apps in his last weeks ...
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Bitcoin passes $30,000 for first time
Bitcoin, the leading virtual currency, saw its price pass $30,000 on Saturday for the first time in just its latest record high. The first d...
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UK abolishes ‘sexist’ tax on women’s sanitary products
Britain on Friday became the latest country to abolish the so-called “tampon tax,” eliminating sales taxes on women’s sanitary products. Th...
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HAPPY NEW YEAR 2021!
Happy New Year 2021! We Made it! May it be a much better and greater year for us all... Deep appreciation to all our esteemed readers and cl...
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