New details emerge on the rumoured Osisioma Flyover collapse in Abia, southeast Nigeria, which reportedly killed 19 people. The verified facts have now emerged.
Dr Zacch Adedeji, the Executive Chairman, Federal Inland Revenue Service (FIRS), has revealed that 95 per cent of Nigerians will pay no tax under the new tax regime.
Starbucks has been ordered to pay $50 million to a customer who was burned when hot tea spilled on his lap at a California drive-through. The case is redolent of a 1994 landmark legal action against McDonald's in New Mexico, when 79-year-old Stella Liebeck was awarded over $2.8 million after spilling hot coffee on herself.
Several countries united with campaign groups Monday to call for caution in regulating the divisive practice of deep-sea mining at a meeting on the issue in Jamaica. Members of the International Seabed Authority (ISA) are meeting in Kingston to thrash out the first mining code on deep-sea extraction that has faced accusations of imperiling marine ecosystems.
The global tariff war has affected the Nigerian currency leading to the naira depreciating for two weeks in the official parallel foreign exchange markets.
Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's auto industry battles slowing electric vehicle demand and rising Chinese competition.
Hong Kong's second-richest man Lee Shau-kee has died aged 97, the property tycoon's firm Henderson Land Development announced Monday. Lee died peacefully on Monday evening in the company of his family, Henderson said in a press release.
The Central Bank of Nigeria has revealed that businesses are optimistic about the state of the economy and expressed readiness to employ more Nigerians.
A policy analyst, Aderonke Atoyebi has revealed that the economic policies of President Bola Tinubu is positively affecting the Nigerian economy.
It is coming as a surprise to many to find out that Nigeria exports billions of naira worth of electricity, despite the many challenges and unstable power supply
Countries must move rapidly to slash CO2 emissions from homes, offices, shops and other buildings -- a sector that accounts for a third of global greenhouse gas pollution, the United Nations said Monday.
Economy
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