Category: News

Lebanon to sell unlimited US dollars to save crashing pound

Lebanon’s central bank governor, Riad Salameh has announced that the bank will sell unlimited amounts...

FG increases fuel supply to avoid price hike

  The Federal Government has increased the supply of Premium Motor Spirit, often known as...

US arrests Chinese tycoon Wengui over $1bn fraud

  US authorities have accused a New York-based Chinese property tycoon, Guo Wengui of a...

Samsung to set up factories, invest $230b in S’Korea chipmaking

    By Christian George A renowned tech firm, Samsung Electronics has concluded plans to...

CBN disowns Soludo’s old naira statement

The Central Bank of Nigeria has debunked claims of ordering banks nationwide to begin dispensing...

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...

Fuel scarcity’ll continue after polls, marketers warn

    The Independent Petroleum Marketers Association of Nigeria, has warned that the lingering fuel...

China raises defence budget by 7.2%

China will raise its budget on defence by 7.2% this year in a bid to...

Tesla retrieves 3,470 Model Y cars over loose bolts

  One of the leading electric vehicles makers, Tesla,  said it will retrieve around 3,470...

NUPRC to investigate pipeline explosion in Rivers

  By Christian George The Nigerian Upstream Petroleum Regulatory Commission is set to investigate the...

Tesla Germany produces 4000 cars weekly beyond projection

Global manufacturer of automobiles, Tesla, announced on Monday that its German factory in Brandenburg, close...

Russia’s Tinkoff bank to halt trading in euros due to EU sanctions

The TCS Group Holding-owned Russian online bank, Tinkoff, announced on Sunday that it would stop...