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NNPCL fuel subsidy gains not fully remitted - World Bank
News

FG to repay $800m palliative loan, says World bank

The World Bank which has been Nigeria’s development partner for many years has stated that the $800 million palliative given to Nigeria is a loan that Nigeria will have to pay back. This was said by Mr. Shubham Chaudhuri, the Nigerian country director for the World Bank during an interview with Channels TV. He explained […]

FG set to collect VAT from market women, others
Business

FG set to collect VAT from market women, others

Kazeem Owoseni The Federal Government has disclosed its plan to collect Value Added Taxes from the informal sectors through VAT Direct Initiative. Disclosing this in a statement issued on Monday, July 3, 2023, the FIRS announced its collaboration with the Market Traders Association of Nigeria, to collect and remit VAT from their members, especially those […]

Why Tinubu should ban dollar cash transactions - Operator
Economy

Tinubu assures investors of policy consistency

President Bola Ahmed Tinubu has assured the business community of his government’s commitment to policy consistency and better business climate to attract investment.   The President gave this assurance on Monday while receiving the delegation of the Shell Petroleum Development Company led by the Global Upstream Director, Ms Zoe Yujnovic at the State House in […]

Why business owners must prioritize growth over luxury - Dangote
Business

Why business owners must prioritize growth over luxury – Dangote

Renowned billionaire businessman, Aliko Dangote, has made a thought-provoking revelation about his personal choices, emphasizing the importance of prioritizing business growth over luxurious indulgences. In a candid interview with Business Insider Africa, Dangote highlighted the need for young entrepreneurs to shift their focus away from materialistic desires and instead concentrate on nurturing their enterprises. Dangote’s […]

CBN urges FUTA to adopt eNaira for transactions
News

CBN urges FUTA to adopt eNaira for transactions

    By Wilson Adekumola The Central Bank of Nigeria has called on the management and students of the Federal University of Technology, Akure, the Ondo State capital, to embrace the e-naira platform for all their financial transactions. The Acting Branch Controller of the CBN in Akure, Samuel Giwa made the this call on Monday […]

Twitter rival Mastodon traffic surges over Twitter restriction
News

Twitter rival Mastodon traffic surges over Twitter restriction

Alex Omenye Mastodon, a German rival that takes pride in its decentralized, user-driven structure, has seen a rise in activity as a result of the unrest at Twitter caused by new restrictions on the number of postings users can view. “Looks like Mastodon’s active user has increased by a hundred thousand over the last day. […]

Blue Origin to open new launch sites outside US
News

Blue Origin to open new launch sites outside US

Alex Omenye Blue Origin, a firm that specializes in rocket construction, is looking to broaden its international reach by purchasing a new international launch site. According to Financial Times, Blue Origin would like to expand its operations outside of the United States by acquiring a new launching site abroad and is currently searching for partnerships […]

TweetDeck suffers as Musk enforces read limits
Business

TweetDeck suffers as Musk enforces read limits

Alex Omenye All TweetDeck users are currently reporting serious issues, including notifications and entire columns failing to load after Elon Musk reduced the number of tweets users can view in a day over the weekend. Gadget Africa reported that Musk stated that he made the decision in order to stop data scraping on the platform. […]

PHOTOS: Kyari, Shell global director visit Tinubu
News

PHOTOS: Kyari, Shell global director visit Tinubu

  President Bola Tinubu on Monday received executives from Shell Petroleum Development Company and the Nigerian National Petroleum Corporation, led by its Group Managing Director Mele Kyari. While the agenda for the meeting has not been made public, it is expected to focus on the president’s recent decision to modify fuel prices and eliminate the […]

WhatsApp tests high quality video sharing feature
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WhatsApp tests high quality video sharing feature

WhatsApp is now testing a feature that allows users to send high-quality videos on its popular messaging platform. This comes from a similar update that enabled users to share high-resolution photos. As part of Meta’s ongoing efforts to enhance the messaging service, WhatsApp is also introducing Material You-themed alerts for Android users and improving the […]

Tesla deliveries hit record 466140 in Q2 2022
News

Tesla deliveries hit record 466140 in Q2 2022

Pioneering US automaker, Tesla, has defied market challenges and exceeded analyst projections in the second quarter, reporting a remarkable delivery of 466,140 vehicles, according to its recently released earnings report. This impressive figure represents an 83 percent surge compared to the same period last year and a 10 percent increase from the previous quarter. Industry […]

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