Facebook Owner Is Behind $60 Mln Deal For Meta Name Rights
Meta Platforms Inc, the owner of social media network Facebook, is behind a $60 million deal to acquire the…
FG To Introduce New Taxes, Tarrifs And Levies
The Federal Government has indicated the possibility of introducing new taxes, tariffs and levies as part of…
Zoom To Charge Nigerians 7.5 Percent VAT
Zoom Video Communications, Inc. (Zoom) says it will begin to charge 7.5 percent value-added tax (VAT) on customers…
MTN, Mafab Win 5G Licence, To Pay N227bn To FG
In a dramatic fashion, a telecom under dog, MAFAB Communications, emerged from nowhere, Monday, to become one of…
Nigeria Regains Position As Crude Oul Output Increase
Nigeria has regained the top spot among crude oil producing countries in Africa with the nation’s crude oil…
MTN, Airtel, Mafab Enter 5th Round As 5G Auction
The current price per lot of the 100MHz band of the 3.5GHz spectrum at the ongoing auction being organised by the…
NCC Completes Mock Session For Spectrum Auction Of 5G
The Nigerian Communications Commission (NCC) has successfully carried out a mock session for the 3.5 gigahertz…
Banks’ Credit To Economy Hits N23.5tn, Says CBN
Banks’ gross credit to the Nigerian economy rose to N23.5tn in November this year, according to figures obtained…
Steelpack Deal Makes Two For Vuna Partners’ Maiden Fund
Vuna Partners, a sector-agnostic mid-market private equity firm which recently hit another milestone for its maiden…
Impose Special Taxes On Alcohol, Cigarette – World Bank Tells FG
The World Bank has called on the Federal Government to impose special taxes on alcohol, cigarettes and…
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,…
Experts Count Coffee Trees In Brazil As Prices Hit 10-Year Highs
Coffee experts working for commodity trading houses are taking to the narrow, winding roads in Brazil's Minas…
U.S. Chipmaker Intel To Invest $7 Bln In New Facility
American chip manufacturer Intel Corporation will invest 30 billion ringgit ($7.10 billion) in a new,…
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…
RMB Teams Up With ZX Ventures To Back Non-Alcoholic Drinks Firm
South African financial services firm Rand Merchant Bank (RMB) has picked up an equity stake in The Duchess,…
Equinix Acquire Nigeria’s Leading Data Center MainOne
California-based digital infrastructure company, Equinix, has acquired Nigeria’s leading data center and…
African Edutech Startup Raises $15 Million In Series-B Round
uLesson, African edutech startup, has secured a $15 million Series-B investment from global investors to expand…
U.S Whatsapp Will Allow Crypto Payment Through Novi
Meta Platforms cryptocurrency wallet, Novi, will allow users to send and receive money through the social media…
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…
United State $52 Billion Bill Could Slip Into 2022
A $52 billion bill aimed at bolstering the U.S. semiconductor industry will include funding for chip design…
Chinese Ride-Hailing App Didi To Delist From New York Stock Exchange
Following months of speculation, Chinese ride-hailing app Didi announced last week that it would delist from 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…
A Total Of N6.16bn Was Paid As A Liquidation Dividend- NDIC
According to Punch Newspaper, The Nigerian Deposit Insurance Corporation said on Thursday that a total of N6.16bn…
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…
Mock Auction Of 5G spectrum To Hold On Friday-NCC
The Nigerian Communications Commission has said Nigeria’s 5G plan will allow efficient allocation of spectrum for…
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…