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…
Business
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…
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…
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…
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,…
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…
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…
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…
ExxonMobil to complete sale of shallow water assets soon
Energy leader, ExxonMobil, said it is hopeful to sell its shallow water oil production assets to Seplat Energy soon upon approval from…
Earthquake: Turkey’s Central Bank gets $5bn from Saudi
Saudi Arabia announced on Monday that it was depositing $5 billion in the Turkish central bank in an effort to help the…
Germany may lose €900bn to climate change by 2050
Climate change may cost Europe’s biggest economy, Germany, about 900 billion euros in cumulative economic damage by 2050. This is according to…
Turkish board fines Elon Musk over Twitter purchase
The Turkish Competition Board has on Monday said Elon Musk will be fined over Twitter’s takeover without the board’s permission. Reuters reported…