UK plans to ease visa access over labour shortages
United Kingdom has said on Thursday that it was planning to ease the policies on visa approval to help address labour shortages, which was caused by tighter immigration rules after…
KPMG names ex-Statistician General of Nigeria chief economist
Former Nigerian Statistician-General Dr. Yemi Kale has been named KPMG Nigeria's Chief Economist. On March 9, 2023, KPMG Nigeria, one of the top professional services companies in the nation, made…
Dangote Cement plans third share buyback in two years
The Securities and Exchange Commission has approved the move for the start of Dangote Cement Plc's third share repurchase transaction in less than three years, the company said on Wednesday.…
US tech layoffs hit 51% after 180k job cuts in two months
The tech sector reportedly represents 51% of the total layoffs by United State companies over January and February. The job cut in the first two months of 2023 is over…
Ex-Shell CEO’s pay package hits £9.7m – Report
The former CEO of the oil giant, Shell, Ben van Beurden, received a total pay package of £9.7 million in 2022, a report has revealed. According to Shell's annual report…
NNPCL distributes 339m litres of petrol to 63 deports
The Nigerian National Petroleum Company Limited has said that 63 deports across the country have altogether received a total of 339 million litres of petrol in seven days. From the…
Airlines passenger traffic increases by 124% – IATA
The International Air Transport Association has reported that passenger traffic on African airlines increased by 124% in 2022. The Punch reported that based on January traffic data, the IATA, a…
Nigeria Stock Market rebounds, gained N107bn
The Nigerian Exchange Limited rebounded again as investors gained N107 billion on Wednesday despite the market’s recorded N1bn loss on Tuesday. The Punch reported that the All-Share index appreciated by…
Customs arrests car smuggling group leader
The Nigeria Customs Service has arrested the head of a car smuggling group, Shuaibu Kolo, who was notorious for forging documents issued by Customs to smuggle vehicles from the Benin…
Nigeria’s corporate income tax drops to N753.88 in Q4 2022
The National Bureau of Statistic has revealed that the total company income tax recorded by Nigeria dropped by -6.95% from N810.19 billion in Q3 2022 to N753.88 billion in Q4…
Flutterwave named African Fintech Summit’s lead sponsor
The Africa Fintech Summit has announced Flutterwave as the Lead Fintech Sponsor for the African Fintech Summit in 2023, which will take place in one African city in November 2023…
Nigeria secures China funding to fix national grid
The Transmission Company of Nigeria has signed an agreement with a group of Chinese companies to secure funding for the improvement of the strained National grid. BusinessDay reported that the…
