Samsung Elec talks with union end without result, union says
Sherwin-Williams increased its full-year earnings forecast and reported a second-quarter profit that exceeded Wall…
Italy seizes 121 mln euros from Amazon unit over alleged tax, labour offences
Italian tax police have seized €121 million from Amazon Italia Transport, a logistics unit of e-commerce giant…
Samsung Elec talks with union end without result, union says
Samsung Electronics and representatives of its largest workers' union in South Korea, currently on strike over pay…
South African rand weakens, eyes on inflation data
The South African rand weakened by about 0.75% in early trading on Tuesday, trading at 18.38 against the dollar as…
Spotify reports record quarterly earnings, shares jump 14% in premarket trade
Spotify reported a record quarterly profit of 1.11 billion euros, slightly surpassing analyst expectations of 1.07…
ATM transactions decline 13% to N28.2 trn
In 2023, the value of Automated Teller Machine (ATM) transactions in Nigeria decreased by 13.6 percent to N28.2…
We are working on postal reform bill — Postmaster General
The Postmaster General of Nigeria, Ms. Tola Odeyemi, emphasized the importance of passing the long-pending postal…
Electricity: FG targets 9,000MW from renewable energy
The Nigerian government plans for the renewable energy sector to contribute 9,000 megawatts of power by 2030 as…
Incoming CIIN president unveils agenda for insurance industry growth
Mrs. Yetunde Ilori, the incoming president of the Chartered Insurance Institute of Nigeria (CIIN), plans to…
Energy stakeholders brainstorm on midstream, downstream devpt at SPE-NAICE 2024
Professionals and key players in the energy sector will gather at the SPE-NAICE 2024 event to explore advancements…
AEDC Appoints 4th CEO In 11 Months
The Abuja Electricity Distribution Company (AEDC) has appointed Engr Chijioke Okwuokenye as the acting Managing…
Forex inflow via IMTOs hits $1.07bn in three months – CBN
Foreign exchange inflows from International Money Transfer Operators (IMTOs) increased by 38.86 percent to $1.07…
Domestic workers must benefit from N70,000 minimum wage – Senate
The Senate and the National Council for Women Society (NCWS) have called for domestic servants to be included in…
Agbakoba warns NNPC against taking over Dangote refinery
Senior Advocate of Nigeria Olisa Agbakoba has cautioned against the Nigerian National Petroleum Company Limited…
Chapel Hill Denham named Nigeria’s best investment bank
Chapel Hill Denham has been awarded the title of Best Investment Bank in Nigeria at the 2024 Euromoney Awards for…
Forex inflow via IMTOs hits $1.07bn in three months – CBN
Foreign exchange inflows from International Money Transfer Operators (IMTOs) in Nigeria saw a significant increase…
Japan’s chief cabinet secretary calls for broad-based wage hikes
Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, has emphasized the importance of extending pay increases to…
India boosts spending on job creation, rural areas in first budget after election
India's Finance Minister Nirmala Sitharaman unveiled a budget of $24 billion for the 2024/25 fiscal year, focusing…
Digital tax talks in G20 spotlight as US tariff threat looms
Negotiations for a global tax deal are ongoing past the June 30 deadline, with the G20 finance leaders meeting…
Global aircraft leasing market to hit $315b by 2033
The global commercial aircraft leasing market is set to reach $315.9 billion by 2033, growing at a cumulative…
NGX delists three companies over poor standards
The Nigerian Exchange (NGX) has delisted three companies—Niger Insurance Plc, Resort Savings and Loans Plc, and…
Minimum wage: MAN seeks compliance exception for MSMEs
The Manufacturers Association of Nigeria (MAN) has requested that micro, small, and medium enterprises (MSMEs) be…
FG mulls suspension of N10 sugar tax on beverages
The federal government is considering a temporary suspension of the N10 tax on Sweetened Sugar Beverages (SSBs) to…
Economy faces threats with 1.4m bpd crude output
Nigeria's oil output, including condensate, is projected to remain low at 1.4 million barrels per day (mbpd) in…
Dangote Fights Back… NMDPRA Letter Shows Regulator Approved Refinery’s In-house…
Dangote Refinery is defending the quality of its refined products following allegations by the Nigerian Upstream…
Banks Defy Stiff Competition from Fintechs, Grow Deposits by 63% to N115tn
Nigerian banks saw a significant increase in total deposits, reaching N115 trillion in the 2023 financial year, a…
Zenith Bank Retains Position as Nigeria’s Number One Bank By Tier-1 Capital for…
For the fifteenth consecutive year, Zenith Bank Plc has been recognized as the Number One Bank in Nigeria by…
Planes Grounded As Global IT Outage Hits Airlines, Media, Banks
A major IT outage spreading across the globe has caused significant disruptions in various sectors.
Airlines…
Mining Sector Gets International Boost With Jupiter Lithium, Bevex’s Processing…
Jupiter Lithium Limited has signed an MOU with South Africa's Bevex Mining Services to develop modular lithium…
IMF Lowers Nigeria’s 2024 Growth Forecast to 3.1%
The IMF has reduced its forecast for Nigeria's economic growth in 2024 to 3.1%, down from the earlier estimate of…