Business & Investment

The Federal Government has finalised plans to cut the levy to be paid on imported vehicles from 35 percent to five percent, according to a new bill to be submitted...

A section of the supermarket owned by the wife of late former governor of Oyo State, Mrs. Florence Ajimobi has caught fire.  The supermarket which is known as Grandex Stores...

The manufacturer of Canada Dry ginger ale has accepted to pay over $200,000 to settle a class-action lawsuit filed by a man in B.C. who alleged he was seriously misled...

The application portal for the 75 billion Naira Nigeria Youth Investment Fund (NYIF) is now open for registration. Presidential aide, Bashir Ahmad announced the development and stated that Nigerian youths between...

Le Château has made known its intention to liquidate its assets and close down its 123 stores. The organisation filed an application to seek court’s protection from its creditors and the...

Dangote Tomato Processing Company has asked the Nigerian government to impose a ban on importation of tomato paste into Nigeria. The company’s Managing Director, Abdulkarim Kaita, made the demand recently...

The Chief Executive Officer of MultiChoice Nigeria, John Ugbe has said that the pay-as-you-go billing model for pay-TV that Nigerians clamoured for is not commercially and technically viable. Ugbe made...

Uganda mobile money network's major hack has put the country’s telecoms and banking system into crisis. According to a statement issued by MTN Uganda, the recent hack happened due to...

The Management of Chevron Nigeria Limited (CNL) has revealed that it will reduce its staff strength across all levels by 25% in Nigeria. The company said in a recent statement titled ‘Chevron Nigeria...

Iconic singer, Akon has cemented and started his ambitious plans to build a "futuristic" city in Senegal that he says will be a real-life version of Wakanda, the hi-tech nation...