Business

The African Union (AU) has pledged support for the 2nd term bid of Akinwunmi Adeshina the President of the African Development Bank (AFDB). Congratulating Adeshina on clearing allegations leveled against him at the bank,...

The Federal Inland Revenue Service (FIRS) extends the deadline for the filing of annual returns in several tax categories. This decision was expressed in a public notice signed by the Executive Chairman of the...

The Nigerian Federal Government on Sunday stated that the lockdown and physical distancing measures implemented to reduce the spread of COVID-19 in the country largely crippled economic activities within the country.

Investors bet the most money on clean energy last year since 2010. These are the 10 most active investors, according to BloombergNEF. Venture capital and private equity investors flooded clean energy with $10.5 billion in 2019, according to a new...

China's economic growth slowed to its weakest rate in nearly 30 years — to 6.1% last year, from 6.6% in 2018. The declining growth rate comes amid a bruising trade war with the US. It also follows news that,...

Uber co-founder and director Travis Kalanick sold more than half a billion dollars worth of stock last week after the company’s lockup period expired. Uber’s 180-day restriction on inside and early investor sales came to an end Wednesday, sending the...

Last year, the world’s richest citizens saw some $388 billion of their collective wealth evaporate, the first loss in three years. In particular, Chinese tycoons, who now number 48 fewer than in 2018, fared the worst, according to the...

The personal details of about 106 million individuals across the US and Canada were stolen in a hack targeting financial services firm Capital One, the company has revealed. The alleged hacker, Paige Thompson, was arrested on Monday after reportedly...

Japanese car giant Nissan has said it will cut 12,500 jobs around the world, more than double the amount previously announced. It will reduce its production capacity and the number of models it produces by 10% by the end...

Huawei has cut more than 600 jobs at its US research unit Futurewei after Washington put the Chinese firm on a trade blacklist. The telecoms giant said the job cuts were due to "the curtailment of business operations caused...