NGX regains as investors hit N2bn
The Nigerian Exchange Limited saw an increase on Tuesday, as investors gained N2 billion. At the end of trading, the All-Share Index…
Business
Indian startup BluSmart challenges Uber, Ola, entices passengers with electric taxis
An Indian ride-hailing startup, BluSmart is challenging dominant players Uber and Ola by offering an all-electric taxi fleet and enticing dissatisfied customers…
Fuel subsidy removal will reduce Nigeria’s debt, corruption – LCCI
The Lagos Chamber of Commerce and Industry believes that eliminating fuel subsidy by the Federal Government is one of the best economic…
AMCON seizes Glano’s property over N2bn debt
The Asset Management Corporation of Nigeria has seized assets belonging to Glano Nigeria Limited, which was in debt for over N2 billion.…
NDDC charges PHCCIMA with human capital development
The Port Harcourt Chamber of Commerce, Industry, Mines, and Agriculture has been encouraged by the Niger Delta Development Commission to focus more on…
Naira gains at investors window, weakens at parallel market
The naira on Monday weakened by 0.41 per cent to close at N741 against the dollar in the parallel market while it…
BMW, Volkswagen, others may not benefit from $7,500 tax credit – US
The United States Treasury on Monday said new regulations for battery sourcing will cause several electric vehicle models, including those made by…
Angry Tesla Shanghai employees confront Elon Musk over bonus cuts
After learning about reductions in their performance bonuses over the weekend, Tesla’s Shanghai manufacturing employees resorted to social media to appeal to…
Ukraine moves to reopen grain transit via Poland
Ukraine’s agriculture minister, Mykola Solskyi said on Monday that the capital of Ukraine, Kyiv plans to secure re-opening of the transit of food…
Real estate firm urges CEOs to adopt digital strategies
The CEO of Eystone, a real estate development company in Lagos, Hassan Ismail, emphasized the significance of implementing a digital strategy and…
Global value chain important for job creation – Okonjo-Iweala
The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, has explained that the coronavirus pandemic has taught the world…
Volkswagen partners Ford, others to build EV ecosystem in Indonesia
The Indonesian investment minister, Bahlil Lahadalia has announced that Volkswagen plans to create an electric vehicle battery ecosystem in Indonesia, and has…