U.K. Treasury chief Jeremy Hunt on Monday reversed most of an economic package announced by the government just weeks ago, including a planned cut to income tax. In a bid...
Nigeria’s available power generation capacity fell by 981.8 megawatts between 2015 and August 2022 despite the over N1.51tn intervention in the sector by the Federal Government...
Social media company’s disclosure in court filing comes amid battle over $44bn takeover. Twitter has said Elon Musk is under investigation by US authorities for “his...
US banking giant JP Morgan Chase is ending its relationship with the rapper and designer Kanye West, who now goes by the name Ye, and his...
The President of the World Bank Group, David Malpass, has said that the bank will work with the International Monetary Fund to assess Nigeria’s debt sustainability....
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Refinery project is now 97 percent completed. NMDPRA said this a in...
The World Bank has disclosed that it sanctioned seven Nigerian firms and individuals for corruption during its 2022 fiscal year. This disclosure was made in the...
The Federal Executive Council, on Wednesday, approved MTN’s takeover of the construction of the Enugu-Onitsha Expressway at over N202.8bn under the road Infrastructure Tax Credit Scheme....
The Asset Management Corporation of Nigeria (AMCON) has disclosed that it has reappointed Ado Sanusi as the managing director of Aero Contractors. AMCON said this in...
The Central Bank of Nigeria (CBN) has been directed by the House of Representatives to immediately suspend the planned sale of Polaris Bank Plc. This followed...