shares in Manchester United have soared 9% after the football club announced a deal to re-sign Cristiano Ronaldo. As a result, the club’s value increased by about $300 million on the New York Stock Exchange [@Lu_Class_] Shares in #ManchesterUnited have soared 9% after the football club announced a sensational deal …
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A tax appeal tribunal (TAT) sitting in Lagos has ordered Multichoice Nigeria Limited to pay 50 percent of N1.8 trillion to the Federal Inland Revenue Service (FIRS) over alleged tax evasion. Abdullahi Ismaila Ahmad, FIRS spokesperson, made this known in a statement on Wednesday. Multichoice is the owner of the …
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The Abdul Samad Rabiu Africa Initiative (ASR Africa) – brainchild of Industrialist, philanthropist and founder of BUA Group, Abdul Samad Rabiu, today presented a N2.5billion Tertiary Health Infrastructure grant to the Sokoto State Government for the construction of the College of Medical Sciences at the Sokoto State University, and other …
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Dear Customer (Name), This is to inform you that effective Monday, 23 August 2021 the cumulative cash deposit on USD accounts will be revised to a maximum of $10,000 (USD) monthly. While you will be able to make multiple cash deposits within the month, the total cash deposit summation will …
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Since mid-2020, a flurry of regulatory activity has put the Nigerian tech ecosystem on the defensive, forcing many startups to grow silently with minimal media attention and spooking investors both at home and abroad. But now, a leaked document, which represents the most brazen attempt by the Nigerian government to oversee …
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The Lagos State Government (LASG) partners with Jobberman to create 14 million jobs under the African Continental Free Trade Area (AfCFTA) deal. According to the state Commissioner for Wealth Creation and Employment, Yetunde Arobieke the goal of the state government is to enhance youths ‘competitiveness through job opportunities. She also …
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The Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit means that all debit transactions, including ATMs and cheques, on the accounts, have been blocked but can receive inflows. The circular, signed by Haruna B. Mustapha, director of …
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Rite Foods Limited has announced its sponsorship of the second edition of the King’s Cup Golf Tournament, scheduled for October 10, 2021, in Abeokuta, Ogun State. Rite Foods Limited, makers of Nigeria’s favorite Bigi drinks, Rite sausages, and leading energy drink brand, Fearless is the official beverage sponsor of the …
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Exactly three years and one month after the unveiling of the name and logo of the proposed national carrier known as Nigeria Air, the airline is yet to take off. While the federal government is insisting that the national carrier would come on stream next year, stakeholders and experts in …
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The Minister of Information and Culture, Alhaji Lai Mohammed, says the online media report that he “sneaked out of Nigeria to meet with Twitter executive’’ in the U.S. is fake. In an interview with the Newsextra24 in Washington on Wednesday, the minister said his official visit to the U.S. has …
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