Category: Business

Google DeepMind to open first automated AI research lab in UK

Google DeepMind, the AI division of the tech giant, announced plans to launch its first...

Afreximbank urges Africa to raise factoring market to €240bn for SMEs

Afreximbank has stated that Africa needs to increase its factoring volumes to at least €240...

Tinubu sets up committee to address contractors’ payment delays

President Bola Tinubu on Wednesday voiced “grave displeasure” over the backlog of unpaid federal contractors...

CAC tightens rules for online business name updates

The Corporate Affairs Commission has stated that all online requests to update business names must...

Joint Tax Board begins transition, unveils new brand identity

The Joint Tax Board has begun its transition ahead of implementing Nigeria’s new tax laws,...

FIRS, French agency sign MoU to boost tax efficiency

The Federal Inland Revenue Service has entered into a memorandum of understanding with France’s Directorate...

FG begins repayment of N4tn GenCos debt with N590bn bond

The Federal Government has commenced repayment of the N4tn owed to Power Generation Companies with...

China ready to fast-track zero-tariff access for Nigerian exports

The announcement was made by the Chinese ambassador in Abuja, Yu Dunhai, who stated that...

Reps summons NNPC CEO over 2021 audit queries

The House of Representatives Public Accounts Committee on Monday ordered NNPC Limited’s Group Chief Executive...

FG bans cash payments to MDAs, orders digitalisation

The Federal Government has unveiled a new digitisation initiative that will overhaul treasury operations, eliminate...

External reserves surpass $45bn as Nigeria records major FX boost

Nigeria’s external reserves have surpassed $45 billion, according to new figures from the Central Bank...

Lagos cracks down on unapproved estate developments

The Lagos State Government has issued a final warning to estate developers operating without approved...