Economy
BATN Foundation's Graduate Agripreneurship Programme inspires new agricultural leaders
The British American Tobacco Nigeria Foundation empowers graduates to harness opportunities in the agricultural sector through its Graduate Agripreneurship Prog.
FAAN approves annual medical fitness tests for firefighters, begins with international airports
To mitigate incidence of mortality among firefighters in active service, the Federal Airports Authority of Nigeria (FAAN) has mandated annual fitness tests.
FG disburses $68m to 28 states to implement business reforms, engages independent monitoring firm
As part of plans to improve the ease of doing business in the country, the Federal Government of Nigeria has given 28 states a total of $68 million.
Glencore looks to leave London Stock Exchange as falls into loss
Swiss mining and commodity trading giant Glencore said Wednesday it was considering shifting its stock listing from London after it stumbled into a net loss last year on falling coal prices and writing down the value of assets. - Coal business take a lump - The company earlier Wednesday reported $1.6 billion net loss for 2024 compared to a net profit of nearly $4.3 billion the previous year.
BAE profits boosted by defence spending amid Ukraine war
British military equipment maker BAE Systems on Wednesday announced a five percent rise in annual net profit, boosted by government defence spending amid the war in Ukraine. The results came in a week when shares in European defence companies rallied as European leaders gathered in Paris on Monday to discuss the war in Ukraine amid talk of greater defence spending.
Asset writedowns push Glencore into $1.6 bn loss for 2024
Swiss mining and commodity trading giant Glencore said Wednesday that falling coal prices and writedowns to the value of its assets pushed it into a net loss for 2024. The $1.6 billion net loss for fiscal year 2024 compared to a net profit of nearly $4.3 billion the previous year, the company said in a statement.
FIRS commences stakeholders' engagement on Pilot Phase Roll Out of e-invoicing Solution
The Federal Inland Revenue Service (FIRS) has commenced a stakeholders' consultation on its planned pilot phase roll-out of e-invoicing solution nationwide.
AFC explains how Africa can improve food production, reverse $50bn spent on imports
President of the Africa Finance Corporation (AFC), Samaila Zubairu has called on leaders across Africa to address food production in the continent.
Google pays 326 mn euros to settle Italy tax dispute: prosecutor
Tech giant Google has paid 326 million euros to Italy following an investigation into alleged unpaid taxes, Milan prosecutors said Wednesday, as they recommended criminal proceedings be dropped.
Economy
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