UK regulator orders Heathrow Airport to reduce airline fee
Britain's aviation regulator has ordered Heathrow airport to lower the costs it charges airlines, citing a robust rebound in demand following the lifting of pandemic lockdowns. The Civil Aviation…
Google to empower women entrepreneurs in Nigeria, others
Google has announced the launch of three empowerment initiatives women entrepreneurs in Africa in commemoration of International Women’s Day. According to The Punch, Google's women empowerment programmes include the Google…
UK fines PwC $8.9m over audit breaches
PricewaterhouseCoopers, also known as PwC, gets a fine of $8.9 million from UK's regulatory body over "serious breaches" discovered in Babcock International's audits. Reuters reported that the Financial Reporting Council…
Adidas to cut dividends over Kanye West split
The German clothing brand Adidas said on Wednesday that it planned to cut its 2022 dividend to 0.70 euros which is equivalent to $0.7374 per share, owing to the losses…
Taiwanese media to get Google’s $9.8m fund
Google’s parent company, Alphabet, said on Wednesday that Taiwanese media would get a $9.8 million fund over the next three years to boost its media operations and digital competitiveness. According…
Fintech firm hits $200n, 2,548% transactions in two years
Vfinancial technology firm, VPD Money, has worked with partners in the sector to handle a cumulated volume of over $200 million worth of transactions with volume climbing to over 2,548…
Fuel scarcity’ll continue after polls, marketers warn
The Independent Petroleum Marketers Association of Nigeria, has warned that the lingering fuel scarcity will continue till after the general elections. According to The PUNCH, this was stated…
No cash, no grain, Abuja traders reject e-payment
Federal Capital Territory grain traders in Abuare market were reportedly found rejecting electronic transactions from customers, despite the cashless policy of the Central Bank of Nigeria. According to an observation…
Twitter employee tweets Elon Musk to know if he’s been fired
A Twitter employee, Mr Thorleifsson made a post on his Twitter page to appeal to Elon Musk on knowing his employment status, whether he has been sacked or not. In…
CBN faults IMF’s report on 24% Anchor Borrowers’ payment
The Central Bank of Nigeria has revealed that a total of N503bn representing 52.39 percent of the disbursed funds under the Anchor Borrowers’ Programme has been paid by farmers. This…
Nigeria’s fiscal deficit hits N7.34trn in 2022
The Central Bank of Nigeria in its figure recorded a fiscal deficit of N7.34 trillion between January 2022 and November 2022. The Punch reported that the CBN disclosed this in…
Census: FG establishes basket fund donations
The Federal Government of Nigeria plans to establish a basket fund to receive donations for the 2023 population and housing census. This was disclosed on Monday by the Minister of…
