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Business
McDonalds To Hire More People And Open New Restaurants By 2025
U.S fast food chain McDonalds will hire 12,000 people and open 200 new restaurants in Italy by 2025, Dario Baroni,…
B Investments Makes First Deal For New Healthcare Platform
B Investments Holding announced the establishment of B Investments in Healthcare, with a licensed capital of LE 1…
Equinix Acquire Nigeria’s Leading Data Center MainOne
California-based digital infrastructure company, Equinix, has acquired Nigeria’s leading data center and…
Berlin Based Grocery Delivery Start-Up Raises $750m In Financing Round
Grocery delivery start-up Flink has raised $750 million in an additional funding round, it said on Friday, giving…
Elon Musk: I Am Thinking Of Becoming An Influencer
Tesla Inc Chief Executive Officer Elon Musk is "thinking of" leaving his jobs and becoming an influencer, the…
Italy Sues Amazon For Alleged Abuse Of Market
Italy's antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros ($1.28 billion) for alleged…
FG Propose Companies Income Tax For Foreign Digital Companies
The federal government has proposed the collection of companies income tax (CIT) from profits made by foreign…
Range Rover Velar Named Luxury Sport Utility Vehicle Of The Year
Coscharis Motors Plc says one of the brands it represents, the Range Rover Velar, has been named the Luxury Sport…
Nigerians To Pay 7.5 Percent As VAT For Facebook Ad
Facebook says Nigerians will pay 7.5 percent value-added tax (VAT) on all ad placements from January 1, 2022.
The…
Equinix Acquire MainOne In $320m Deal
Equinix, Incorporated has announced that it is acquiring MainOne in a $320m deal that is set to be sealed in the…
Bolt Introduce Booking Fee, Riders May Pay More
In a service update sent to customers on Wednesday, the company said the booking fee was necessary due to an…
Roku Enters Multiyear Agreement With Google
Roku a brand of hardware digital media players manufactured by American company has announced that it reached a…
Tek Expert Employee Base Grew From 400 To Over 1,800
Tek Experts has announced that it has grown its employee base from 400 to over 1,800 employees in Nigeria in less…
Nigeria And Bolivarian Republic Of Venezuela In Talks To Establish Direct Air Link
Oludare Awoniyi, Nigeria’s ambassador to the Bolivarian Republic of Venezuela, says both countries are in talks to…
VAT Generated Decreased By N11.75 Billion In Q3
The total value-added tax (VAT) collected on behalf of the federation decreased by N11.75 billion within three…
WhatsApp New Feature Allows Chat To Disappear By Default
Popular instant messaging service, WhatsApp has added a new feature that gives users better control over their…
You Tube Music Partners Briteswan And IManage Africa Entertainment Limited
YouTube Music has said it has partnered with two Nigerian organisations, Briteswan and iManage Africa Entertainment…
Microsoft Introduces Hybrid Workspace
Microsoft has said there is a need to redefine work processes as around 40 per cent of the global workforce is…
Beneficiaries Of Tony Elumelu Foundation Get Insurance Plan From HIL And HLA
Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) have extended simple insurance plans to the…
SEC Director-General Advocates On The Use Of Technology
At the 2021 workshop of Capital Market Correspondents Association of Nigeria(CAMCAN) in Lagos, the Director-General…
European Investors Back Kenyan Fintech “ Asilimia” with Equity And Debt
Kenyan fintech Asilimia raised $2 million in pre-seed funding ($1 million equity and $1 million debt), the funding…
Algeria’s Yassir Lands A Healthy Series A From Multiple Investors
Yassir, an Algerian startup founded in 2017 provides on-demand services such as ride-hailing and last-mile…
Old Mutual Private Equity Signals Proposal To Buy Long4Life
Shares in Long4Life, the company owned by entrepreneur Bidvest founder Brian Joffe, soared in trade on Friday (3…
Dolidol Acquires Mouka Foam For $60 Million
Dolidol an international firm has acquired Mouka Foam in a $60 million (N24.9 billion) deal to create pan-African…
Crude Oil Price Falls Below $70 Per Barrel
The crude oil market continues to suffer from bearish sentiments caused by the new Omicron COVID-19 variant, which…
Elon Musk Continue With Sale Of Tesla Shares
Tesla Inc Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01…
SoftBank Shares Drop By 3 Per cent
Shares in Japanese conglomerate SoftBank Group Corp dropped over 3% on Friday after the giant tech investor was hit…
Nigerian Mining Sector Get $2Bln Investment Pledge From UAE Investors
Investors from the United Arab Emirates have pledged $2bn worth of investments into the…
Central Bank Of Nigeria Sold $867.68 Million Forex To SMEs
The Central Bank of Nigeria, CBN, has raised the volume of foreign exchange sales to the Small and Medium…