Category: Business

AMCON seizes Glano’s property over N2bn debt

The Asset Management Corporation of Nigeria has seized assets belonging to Glano Nigeria Limited, which...

NDDC charges PHCCIMA with human capital development

The Port Harcourt Chamber of Commerce, Industry, Mines, and Agriculture has been encouraged by the...

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...

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...

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...

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...

Real estate firm urges CEOs to adopt digital strategies

The CEO of Eystone, a real estate development company in Lagos, Hassan Ismail, emphasized the...

Global value chain important for job creation – Okonjo-Iweala

      The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, has explained that...

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...

168k workers transfer N664bn pension funds to other administrators – PenCom

Since the National Pension Commission opened up the option to transfer pension funds, 168,768 workers...

Germany to help mineral-rich countries with processing infrastructure

The Chancellor of Germany,  Olaf Scholz announced on Sunday that Germany aims to help mineral-rich...

German auto association predicts 50% rise in electric car production

The German auto industry association, Verband der Automobilindustrie, has projected that electric passenger car production...